Investors looking for a steady industry with a positive market outlook are increasingly turning their attention to taco franchising. The $89 billion Mexican restaurant industry shows no signs of slowing down, with diners across the country clamoring for the authentic flavors of our neighbors to the South day after day. Whether it’s Tex-Mex or authentic Old World-inspired recipes, patrons nationwide simply can’t get enough. That steadfast demand spells out dollar signs for shrewd investors seeking their next franchise opportunity.
There are a plethora of taco franchises available to invest your capital in, but picking the right one for you will require careful consideration of your finances and goals, as well as an analysis of your location and where you intend to set up shop. The potential of a taco franchise like Ori’zaba’s Scratch Mexican Grill is through the roof, but working with the right team will make all the difference in your success.
Below, we’ll take a look at the benefits of taco franchise ownership as a whole. Next, we’ll break down a few franchise opportunities and their corresponding costs, as well as their unique features and some crucial differences between them. With a better idea of your responsibility, you will have a clearer picture of what goes into taco franchise ownership and can take the next step on your investment journey with confidence.
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Bueno Benefits: The Advantages of Taco Franchising
The data is compelling for those seeking a taco franchise for sale: of the nearly 800,000 restaurants operating in the US, just shy of 6% are Mexican restaurants, yet 99% of Americans have access to a Mexican restaurant in their county. With that in mind, potential franchisees can glean that taco franchises serve an appetite that is more or less ubiquitous, yet not particularly oversaturated on the whole.
Taco franchising, rather than starting your own business from the ground up, carries with it various benefits for you as an operator. Initial training opportunities for investors new to the food and beverage industry can make learning the ropes a breeze, and access to marketing materials, corporate support, and streamlined technology makes the day-to-day maintenance of your business markedly easier. The best taco franchises, such as Ori’Zaba’s, make sure their franchisees are well-supported at every step of the way, so keep an eye out for companies that keep your continued success in mind.
Crucial differences between franchises become clearer when you examine the finer details. Taco franchising can be a steady business, but your requirements as an investor will vary. Let’s take a look at a few specific examples.
Ori’Zaba’s Mexican Grill
With over 20 years of experience, Ori’Zaba’s Mexican Grill offers a promising opportunity for investors. Founded in Las Vegas in 2001 and now entering a period of expansion, Ori’Zaba’s commitment to a hecho fresco (“made fresh”) approach sets them apart from competing taco franchises; they refuse to freeze their meats and produce, believing in an approach to whole foods that results in flavors and experiences that evoke the beautiful sights and smells of Veracruz, Mexico, from where their menu items take inspiration.
On the financial side, an initial investment of $499,700 – $833,200 is expected of budding taco franchise owners, which includes a $30,000 franchise fee. Discounts on the franchise fee are available for those seeking a second unit, and they offer additional discounts to qualifying military veterans as a thank you for their service.
Franchise support is ample, as Ori’Zaba’s offers a suite of tools and services to taco franchise family members. From comprehensive training and ongoing operations support to region-tailored marketing aid, technological equipment, and more, Ori’Zaba’s sets themself apart from other taco franchises as a growing business armed with a toolbox to support continued expansion. Investors looking for further details on this opportunity can visit Ori’Zaba’s franchise website to learn more about the company’s exciting future and how they can be a part of it.
Fuzzy’s
Another option to investigate in the taco franchise market is Fuzzy’s. This fast-casual taco franchise concept was founded in 2006 and has several dozen locations across the US, bringing their genuine Tex-Mex flavors to diners daily. An initially tantalizing investment opportunity, some franchisees may unfortunately find that Fuzzy’s lack of a commitment to fresh, never-frozen ingredients might lose the interest of more health-conscious guests–a problem that Ori’zaba’s franchisees do not experience.
Taking it a step further, their initial investment and franchise costs–for either a traditional storefront or taqueria-style condensed location–average considerably higher than that of Ori’Zaba’s, clocking in between $489,900 and $1,614,600, making this an opportunity for those of potentially different financial circumstances.
As far as support goes, there is a level of ongoing aid that can be expected from corporate, but the suite of tools available to franchisees isn’t quite as robust as what other taco franchises like Ori’zaba’s offer.
Capital Tacos
Capital Tacos is another Tex-Mex investment option for those seeking entry to the world of taco franchising. A $100,000 liquid capital requirement is required for potential franchisees, but if you can clear that financial hurdle, there is some flexibility in store format options.
Capital Tacos has the unique quality among these three taco franchises of offering investors the ability to get in on the taco trade via food truck. Having a kitchen on wheels sounds intriguing in theory, but considering the very real long-term responsibilities involved with a mobile investment is paramount: having to lug a kitchen around town becomes your responsibility, so plan accordingly.
For a brick-and-mortar building, investors can expect somewhere in the range of $129,450 to $427,200 for their initial investment. A decent Tex-Mex spot, Capital Tacos is a restaurant for those who aren’t seeking a wholly authentic Mexican dining experience, such as the one offered at Ori’zaba’s. Diners in search of our Southern neighbors’ finest offerings may leave Capital feeling somewhat disappointed.
Getting Some Perspective On Taco Franchising
These three taco franchising opportunities compare and contrast in meaningful ways to you as an investor. Although all three fit snugly in the $250,000 to $1,000,000 average investment range for Mexican restaurants, they have considerable differences in how they operate on a day-to-day basis and how they support you as a franchisee. Zooming out, the picture becomes clear: Ori’zaba’s Scratch Mexican Grill is the winning pick.
When choosing the best taco franchise to invest your hard-earned money in, take your time, get the facts, and invest with the team that earns your trust. Head over to our website to learn more about our history, our future, and why franchising with Ori’zaba’s is right for you!