Taco Palace
Yes, we actively support the inclusion and development of minority-owned franchises in the Taco Palace system.
Taco Palace 814 E. Hwy. 60, P.O. Box 87
Monett, MO 65708
800#: Tel: (417) 235-6595 Fax: (573) 216-1739
E-mail: matt@tacopalace.com
Web Site: www.tacopalace.com
Contact: Mr. Matt Deves, Vice President
Our concept is targeted at people that normally could not afford the cost and expense that other franchises require. Our low overhead concept translates to more profit to the franchisee. We offer more flexibility. Fresh Tex-Mex food at "down to earth" prices!
Franchisor Background
Established: 1985
First Franchise: 1999
Franchise Units: 8
Company-Owned Units: 2
Total Units: 10
Distribution:
> North America -- Operations in 6 States, 1 Province
> States/Provinces with Greatest Density: 3 in MO
Units Owned by Minorities:
>African-American: 0
>Hispanic: 0
>Asian-American: 0
>Native American: 0
>Other:
Average Number of Employees: 8 FT, 2 PT (FT = Full Time, PT = Part Time)
Space Needs: 1,000+ SF; FS, SF, SC, RM
(for abbreviations click here)
Financial Requirements
Cash Investment: $69K
Total Investment: $132-170K
Average Total Investment: $151K
Minimum Net Worth: $50-65K
Fees
>Franchise: $33.5K
>Average Franchise Fee: $33K
>Royalty: 0%
>Advertising: 0%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): Unlimited
Passive Ownership: Allowed
Area Development Agreements:Yes
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No/No
Size Of Corporate Staff: 4
On-Going Support: C,D,E,F (for an explanation click here)
Training: Unlimited Days in Monett, MO; 10-20 Days with Trainers at Franchisee's Location.
Specific Minority Program(s) in Place: Our franchise is low cost, no fees; royalty or franchise, low overhead concept, therefore franchisee should arrange for their own financing.
Franchisor's Specific Expansion Plans
U.S.: All United States
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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