For investors seeking to make a name for themselves in the Mexican food market, the timing has never been better. The popularity of south-of-the-border cuisine is apparent in cities across America, with constant demand driving new restaurateurs to increasingly invest in Mexican food franchises each year. Some investors chart their own course, taking on all of the financial burden, responsibility, and risk incumbent upon small business owners themselves, while others decide to invest in a franchise and share that responsibility with an established company.
While there’s no wrong way to go about starting your own Mexican food restaurant, franchising is certainly the easier option. In particular, first-time investors can benefit from a more guided experience, as well as knowing that they are investing their hard-earned money with trusted partners. The question then becomes, which Mexican franchise restaurant is right for you?
Below, we’ll take a look at some different options available to you as an investor, zoom in on a few in particular, and examine broadly some of the various tasks you’ll encounter on your path. Ready to take the next steps toward serving up the food that over 80% of Americans enjoy? Keep reading to get started!
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Familiarizing Yourself With Franchises
Choosing which franchise to invest in is a decision that you should consider carefully; once the paperwork is signed, you’re locked in. Take the time to familiarize yourself with a few of the Mexican food franchises for sale in your area and the various differentiating features they possess. What’s the best Mexican food franchise? What sets this one apart from that one?
If you’re interested in serving up particular flavors and dishes, one franchise may make more sense than another. You’ll want to possess a working knowledge of the franchises on offer, what separates them, and which qualities are most important to you as an investor.
How Much Does It Cost To Open A Mexican Restaurant?
In general, Mexican food franchise opportunities will require an initial investment between $250K-$1MIL. But beyond just the finances, these restaurants have meaningful differences between them that you’ll want to pay close attention to.
One franchise can have a completely different approach to menus, decoration, and suppliers than another, so be sure to dig deep into what each prospective company offers. Learning all that you can from publicly available or requestable information can save you time and trouble down the road, and help you eliminate contenders that don’t fit your vision from the get-go.
Best Mexican food franchise in the USA
Comparison of Popular Mexican Fast Food Franchises
Countless Mexican restaurants contribute to the $96B industry annually, with new players entering the arena every year as entrepreneurs or franchise investors. Franchises of all sizes are expanding nationwide, but which qualities make one opportunity preferable to another? To illustrate these differences, let’s take a peek at the Top 5 Mexican Restaurants Franchise Businesses you may be familiar with and examine some of the possibilities–or lack thereof–that await you.
Top 5 Mexican Restaurants Franchise Businesses
- Ori’zaba’s Scratch Mexican Grill
- Go Burrito
- Capital Tacos
- Del Taco
- Torchy’s Tacos
Ori’Zaba’s Scratch Mexican Grill
Prospective franchisees seeking to offer their guests high-quality, authentically old-world-inspired flavors should look no further than Ori’Zaba’s Scratch Mexican Grill, one of the top burrito & taco franchises to invest in.
For over 20 years, this women-led team has brought the robust, delectable flavors of Mexico’s beautiful Mount Ori’Zaba region to diners in the US. Their commitment to a hecho fresco (made fresh) approach sets them apart as a franchise. As the name implies, their items are made from scratch, never frozen, and prepared to order.
While Ori’Zaba continues its expansion campaign, budding franchisees should pay special attention to how this one-of-a-kind opportunity can fit into their communities. With the region-specific focus of their offerings, operators can help diners find new experiences within familiar dishes.
Investors seeking further information can visit their franchise website for more.
Go Burrito
Another franchise opportunity comes from Go Burrito, which has been in business since 2013. Though a younger company, they’ve definitely made a name for themselves in the burrito game, but what about their other items? While you’ll be able to find a bare minimum of offerings aside from burritos on their menu, it leaves something to be desired. Put simply, if a customer is not in the mood for a burrito, then they will likely go elsewhere. Limiting yourself to variations on one primary item can leave you as a restaurateur scrambling to find new revenue streams in the future, so tread carefully.
Capital Tacos
Capital Tacos does offer the benefit of a lower cost of entry to potential investors, with brick-and-mortar locations starting in the low $200,000s. While this initial savings is attractive, it’s important to consider that Capital Tacos is relatively new to franchising. As a result, their support staff may not have as much experience as more established franchises. This could lead to longer wait times and slower problem resolution, which are important factors to consider when evaluating any investment opportunity.
Del Taco
If a firmly-rooted Mexican QSR is what you’re after, Del Taco has certainly come across your desk. With 60 years of experience, this restaurant’s cuisine skews closer to Texas than Mexico; tacos and burritos largely comprise the menu of course, but these items come offered alongside American staples like cheeseburgers and french fries. If authentic Mexican flavors are important to you, an investment opportunity like Ori’Zaba’s Scratch Mexican Grill is probably more appropriate. Finally, for investors in Nevada, Idaho, and Utah, you’re especially out of luck: Del Taco franchises are sold out in these areas.
Torchy’s Tacos
Torchy’s comes at the end of the list in a unique position, as it is not franchisable and does not plan to be at any point in the future. This automatically locks out investors who are interested in serving Torchy;s food directly, but opportunities still exist for those in the real estate game. If you have a plot of land that fits their specific parameters, they’ll be happy to hear from you. Otherwise, investors searching specifically for franchise opportunities will be required to look elsewhere.
Major Steps Toward Franchising
Deciding which franchise matches your vision most accurately is only the first step. Let’s say, for example, that you chose Ori’Zaba’s. Now what?
- Form Completion: Head to our website and fill out a request form to gain additional information and speak with someone on our team
- Introduction Call: Hop on a 15-minute call with us to answer some questions and verify requisite qualifications
- Exploratory Call: Take an in-depth call with our team to more closely examine details and information about the process
- FDD Review: A detailed process revolving around the Franchise Disclosure Document, within which the terms and conditions of your franchise agreement are spelled out and specified
- Discovery Day: An in-person meeting with top franchise leadership at our corporate restaurant
- Franchise Agreement and Signing: The solidification of your investment and the official beginning of your experience as an Ori’Zaba’s franchisee
While this is only a snapshot view, franchise support teams are more than happy to answer any questions you may have about each part of the process.
Opportunity Awaits
Ready to break into the exciting world of Mexican food franchises and seize opportunity? Take a look at Ori’Zaba’s website to learn more about their menu, their history, and how you can be a part of their story today!