Who chooses your restaurant site? How much will it cost? What are royalties like? What’s the meaning of life? Get answers to all but that last one below.
You must have passion for hospitality and a personality that is enthusiastic about engaging the guest. In addition, individuals must show at least $250,000 in non-borrowed personal resources (liquid assets like cash, marketable securities, stocks, etc.) along with an overall net worth (total assets minus total liabilities) of at least $500,000.
No, but you may need to go see a shrink to find out why you would want to be in the restaurant business. This is really hard work, but not rocket science. With that being said, we highly encourage our franchisees without restaurant experience to partner with an experienced restaurant operations manager who has a vested interest in the business.
The total cost of each restaurant varies depending on its size and location, but a typical restaurant will cost between $597,000 and $1,262,000, including the franchise fee.
The initial term is 10 years, with two additional 10-year successor terms.
The Initial Franchise Fee is $35,000 for the first restaurant. There is a franchise fee discount for additional restaurants if you enter into a multi-unit Development Agreement. We are also proud members of the International Franchise Association’s VetFran Program through which we offer a franchise fee discount to qualified veterans of the United States Armed Services.
No, we do not provide financing. Financing must be secured through third-party lending sources.
Our standard Royalty Fee is 5% of gross weekly sales, but getting our franchisees up and running is important to us, so we discount the royalty 3.5% for the first 52 weeks your Fuzzy’s Taco Shop is open.
Currently, we do not have an advertising fund, but we do have a Development Fund and we do have the right to establish Advertising Cooperatives. Our current advertising emphasis consists of guerilla marketing, community involvement, charitable associations, to-go menus, a web-site and proprietary merchandise.
The Development Fund Fee is currently 2% of gross weekly sales. The Development Fund is intended for the common benefit of all Fuzzy’s Taco Shop restaurants and may be used for items like market studies, logo creation and modification, menu design, POP, contests, marketing, and website development, among others.
Due to Federal Trade Commission restrictions and various state franchise sales regulations, we are unable to provide you with specific sales or profit projections. To learn more about actual experiences, we encourage you to speak with existing franchisees during our qualification process.
You are responsible for choosing your restaurant site, but we will assist you in the process and we do have the right to make final approval. We currently use a site evaluation software to evaluate proposed sites to see how they match up to our core customers. We will use the software to evaluate the first site you propose for free, but we may charge a fee for additional evaluations.
The character of the building may vary greatly, but we look for locations that have between 3,000 and 4,000 square feet. The site may be free standing, in a downtown area, or in a strip center. The location should have an outdoor patio, so end caps work well for our restaurants. At a minimum, you must have a beer and wine license, though some restaurants may choose to have a full bar.
From the date you sign the Franchise Agreement, you have 12 months to construct and open the restaurant.
Yes, we have suggested equipment and smallwares lists, and a selection of vendors who will provide you with as much or as little assistance as you need to get your restaurant equipped.
The Restaurant Operations portion of our initial training program includes hands-on restaurant operations training, and is held over a five to six week period. In addition, a designated manager is required to attend Fuzzy’s Taco Shop University, which is comprised of 30 hours of classroom ops training. Our goal during this training program is to provide our franchisees with the ability to produce a consistent product while maintaining our fun, edgy, and addictive atmosphere.
In addition to our initial training program, we also provide on-site training at the time of your restaurant’s opening. Our trainers work with your team as they prepare to open the restaurant. After the restaurant opens for business, our trainers move into a supervisory role, ready to jump in and be more hands-on if necessary.
Yes, we require all new franchisees to utilize the same point-of-sale software and we also have a required hardware package that must be installed.
Not without approval. We have a required menu and our recipes must be strictly followed. With that being said, we do allow our franchisees to use our standard, approved ingredients to create variations on our menu items to be featured as Manager Specials. An approval process is in place for Manager Specials and requests to add menu items.
We encourage our franchisees to offer catering, but only after they have been in business for 6 months and are approved for catering. It is vital that you learn how to run the restaurant correctly before we approve catering.
We have contracted with a national food distributor to deliver all food products to all restaurants on a weekly basis. We also monitor quality and consistency through monthly Mystery Shops and quarterly Quality Assurance Inspections.
That’s Fuzzin’ fantastic! Please email us at franchise@fuzzystacoshop.com, call us at 888-510-TACO, or complete the Request for Consideration.