Pancheros FDD – Franchise Information, Costs and Fees
Type of Business
You will operate a PANCHEROS restaurant featuring burritos, quesadillas, tacos, burrito bowls, salads, rice, salsa, and other food and beverage products.
Corporate Information
Panchero’s Franchise Corporation is an Illinois corporation, formed on October 28, 1994. Their principal business address is 2475 Coral Court, Suite B, Coralville, Iowa 52241. They have offered franchises for PANCHERO’S® Restaurants since January 1995.
Investment
The total investment necessary to begin operation of a PANCHEROS franchise ranges from $680,500 to $1,387,500. This includes the $32,000 to $34,000 that must be paid to the franchisor or affiliate. If you acquire development rights you must develop at least three Restaurants, and you will sign an Area Development Agreement. Upon signing, you will pay the franchisor a development fee equal to $25,000 for the first franchise and $10,000 for each additional franchise you commit to develop.