How Much Does it Cost?
Investing in an Independent Taco franchise is more affordable than you may realize
Owning a revolutionary Mexican QSR franchise doesn’t have to break the bank.
The total cost to open a new Independent Taco franchise starts at $574,783, which makes us one of the most affordable franchise opportunities in the Mexican QSR segment. This investment includes everything you need to start your business, including build out, equipment, grand opening expenses, working capital to get your business off on the right foot, and more. Keep reading for more information about the !Independent Taco franchise costs
True to our name, Independent Taco believes that entrepreneurship brings independence. This is why we work to keep our investment costs low, so that we can help as many people realize their dreams of small business ownership as possible.
“We’re big believers in helping people take control of their destiny,” says Tim Seivers, President of Independent Taco. “We’re completely committed to helping our franchise owners achieve the level of freedom, flexibility, and purpose that comes with business ownership. Independent Taco might be a brand new brand, but our management team has decades of experience in the food industry and helping entrepreneurs thrive. We’re excited to welcome entrepreneurs from all walks of life into our franchise family as we rapidly grow.”
What do I get for my franchise fee?
Franchising with Independent Taco means that you’re never going to be alone in your business. Your franchise fee gives you access to our best-in-class training and ongoing support infrastructure, which includes everything from marketing, menu development, continued investment in technology, and professional development to help you become the entrepreneur you know you can be. Unlike other franchise opportunities, you get direct coaching and mentoring from our leadership team – the very people who know exactly what it takes to run and grow a thriving taco QSR restaurant will be in your corner.
Is there a benefit for early adopters?
Yes! We’re rewarding early adopters with a 5% royalty rate that’s locked in for each and every location that you develop with us if you sign a franchise agreement in 2022. Whether you want to own a single store or build a dozen locations, you will pay a 5% royalty rate for the duration of your tenure with our brand. Welcome aboard!
“We believe that we live in the best country in the world – and we want to reward our veterans for protecting our freedoms,” Tim says. “50% off of our franchise fee is the right thing to do. We want to help as many veterans as we can go into business for themselves.”
Do you offer financing?
While Independent Taco doesn’t offer direct access to financing, we do have relationships with third-party lenders who can help you obtain the funds needed to open your business. To learn more about financing options, simply fill out an inquiry form on this website, and a member of our team will reach out to you shortly.
Do you offer a discount to veterans?
Yes! We’re proud to offer a 50% discount off of our franchise fee to all qualified veterans. We believe that veterans make exceptional entrepreneurs, and we want to help as many veterans as possible thrive as the owners of a street taco franchise. If you’re a veteran, don’t hesitate to reach out and start a conversation. We thank you for your service!
“We believe that we live in the best country in the world – and we want to reward our veterans for protecting our freedoms,” Tim says. “50% off of our franchise fee is the right thing to do. We want to help as many veterans as we can go into business for themselves.”
Want a deeper dive into our costs & fees?
For a comprehensive overview of the costs & fees associated with Independent Taco franchise costs, please review Item 7 from our most recent Franchise Disclosure Document below:
TYPE OF EXPENDITURE | AMOUNT | METHOD OF PAYMENT | WHEN DUE | TO WHOM PAYMENT IS TO BE MADE |
---|---|---|---|---|
Initial franchise fee (see Note 1) | $35,000 - $50,000 | Check or wire transfer | Upon signing the franchise agreement | Us |
Rent and Lease Security Deposit (see Note 2) | $4,033 - $20,417 | As Arranged | As Arranged | Landlord |
Utilities | $250 - $2,500 | As Arranged | As Arranged | Utility providers |
Leasehold Improvements | $250,000 - $350,000 | As Arranged | As incurred or when billed | Contractors |
New Market Opening Program (see Note 3) | $3,000 - $6,000 | As Arranged | As incurred or when billed | Vendors |
Furniture, Fixtures, and Equipment | $200,000 - $350,000 | Check, debit, and/or credit | As incurred | Us |
Computer Systems | $6,000 - $10,000 | Check, debit, and/or credit | As incurred | Us |
Insurance | $1,000 - $5,000 | As Arranged | As Arranged | Insurance company |
Signage and Uniforms | $8,000 - $20,000 | Check, debit, and/or credit | Upon ordering | Us |
Office Expenses | $1,000 - $5,000 | As Arranged | As incurred | Vendors |
Inventory | $20,000 - $30,000 | As Arranged | Upon ordering | Vendors |
Licenses and Permits | $2,000 - $5,000 | Check, debit, and/or credit | Upon application | Government |
Dues and Subscriptions | $500 - $1,500 | Check, debit, and/or credit | As incurred | Vendors, Trade organizations |
Professional Fees (lawyer, accountant, etc.) | $1,000 - $3,000 | Check, debit, and/or credit | As incurred or when billed | Professional service firms |
Travel, lodging and meals for initial training | $3,000 - $6,000 | Cash, debit, and/or credit | As incurred | Airlines, hotels, and restaurants |
Additional funds (for first 3 months) (see Note 4) | $40,000 - $100,000 | Varies | Varies | Employees, suppliers, vendors |
Total | $574,783 - $964,417 | This is the total estimated initial investment to open and commence operating your initial location for the first three months (as described more fully in Chart A of this Item 7). See Note 4. |
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