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Started By
Message
What am I profiting yearly after opening up a franchise of Del Taco?
Posted on 9/27/14 at 11:27 am
Posted on 9/27/14 at 11:27 am
Does any body know? I'm considering opening up a Del Taco, but I need to know the profit I'll be making before hand.
This post was edited on 9/27/14 at 11:30 am
16
Posted on 9/27/14 at 12:17 pm to regularshow
How many tacos you selling brahma
Posted on 9/27/14 at 12:26 pm to I Love Bama
quote:
I'm considering opening up a Del Taco, but I need to know the profit I'll be making before hand.
More info please.
Posted on 9/27/14 at 12:35 pm to regularshow
(no message)
This post was edited on 10/20/21 at 3:05 pm
Posted on 9/27/14 at 12:36 pm to regularshow
quote:
Does any body know? I'm considering opening up a Del Taco, but I need to know the profit I'll be making before hand.
The fact that you are asking this question on this forum -
-$50,000
Posted on 9/27/14 at 12:39 pm to regularshow
quote:
I need to know the profit I'll be making before hand.
If you don't know how to research this question on your own, probably not much.
Posted on 9/27/14 at 2:14 pm to regularshow
Bout tree fiddy...
Posted on 9/27/14 at 3:45 pm to regularshow
quote:
Does any body know? I'm considering opening up a Del Taco, but I need to know the profit I'll be making before hand.
Why are you considering something so big if you haven't even done what amounts to basic research?
Posted on 9/27/14 at 3:54 pm to regularshow
You should open a Steak 'n Shake. Only one franchise currently in Louisiana. It's practically virgin territory.
Posted on 9/27/14 at 4:36 pm to Jim Rockford
quote:
You should open a Steak 'n Shake. Only one franchise currently in Louisiana. It's practically virgin territory.
This. And why does Lafayette not have a Dave & Busters?
Posted on 9/27/14 at 8:51 pm to regularshow
I have heard the Oneida OLOL is struggling.
Posted on 9/27/14 at 9:45 pm to tigeraddict
quote:
I have heard the Oneida OLOL is struggling.
Because it kinda sucks.
Posted on 9/27/14 at 11:50 pm to Big Scrub TX
1$ bob
Posted on 9/28/14 at 1:35 am to Big Scrub TX
quote:
Why are you considering something so big if you haven't even done what amounts to basic research?
Took me about 10 seconds regarding the Shaky's option..
What are the Steak ‘n Shake franchise basic terms?The term of a Steak ‘n Shake franchise agreement is 20 years, plus a 20-year renewal option. The franchise fee is $40,000 and the investment is from $955,000 to $1,835,000. Royalty fees are five and a half percent (5.5%) and marketing fees are four percent (4%).
Does Steak ‘n Shake offer financing?Steak ‘n Shake can provide financing information and referrals to finance companies with expertise in franchise financing.
What are the minimum net worth and liquidity requirements to become a franchisee?In order to invest in the Steak ‘n Shake restaurant franchise opportunity, the minimum liquidity requirement is $500,000 and the minimum net worth requirement is $1,000,000.
How much land does a Steak ‘n Shake require?A standard layout for a Steak ‘n Shake restaurant requires approximately one acre.
What if I don’t have restaurant or retail experience?If you do not have previous experience, we require you to find an operating equity partner with restaurant or retail experience.
Am I required to reside in or near the area I am interested in developing?Yes, either you or an equity operational partner must reside in the markets in which you choose to operate.
Does Steak ‘n Shake offer a training program?Yes. New franchisees are provided with a twelve-week, comprehensive training program that consists of in-restaurant training and classroom instruction. The training covers leadership development, restaurant management skills, food safety and overall business development.
Will Steak ‘n Shake assist me in finding a location?We require that you use our designated exclusive broker to assist you in identifying a site for your Restaurant (excluding Non-Traditional locations) regardless of whether you have already engaged the services of a local broker. You are not required to pay any fees for the broker’s services; however, the broker will be entitled to a commission from your lease or purchase of the location of your restaurant to be paid by the landlord or seller. If you currently operate fifteen (15) or more Restaurants or previously signed an Area Development Agreement with us which is still in effect, you are exempt from this requirement, but you may elect to use our designated exclusive broker. We also provide referrals to professional architects to help you develop your location.
Does Steak ‘n Shake franchise by location or by area?Steak ‘n Shake franchises by both location and area.
How much money will I make?The potential profitability for each restaurant may vary depending upon size and location, in addition to your business ability and efforts.
What kind of franchise support can I expect from Steak ‘n Shake?As a Steak ‘n Shake franchisee, you will receive:
A comprehensive training program
Ongoing support from experienced operations, marketing and
real estate professionals
Regional advertising
A national purchasing program to help you maximize economy,
efficiency and profitability
A research and development team who works to create products
your customers want
Architectural, construction and engineering assistance
Marketing materials including radio and TV commercials,
newspaper ads, direct mail, coupon books, promotional posters
and signage that can be customized for your local area
Associate recruiting manual and training materials.
What do I need to do to begin the process of becoming a Steak ‘n Shake franchisee?Complete and submit the online Request Form or call: Steak ‘n Shake Franchise Sales Department at (877) 747-5329.
Posted on 9/28/14 at 1:40 am to Shepherd
And Del Taco..
Do I need previous foodservice experience before I buy a Del Taco franchise?
We prefer our franchise owners to be experienced restaurant operators. However, if you do not have specific restaurant experience you should plan on partnering with an experienced operating partner. This person should have at least a 10% vestment in the business.
What will I be doing as a franchisee?
When you purchase a multi-unit franchise, your responsibility will be to open locations, build individual store sales, provide the utmost in customer service and quality and motivate your teams and employees. We will provide outstanding support to help you make that happen. From market planning and real estate site selection, construction guidance, operations and marketing assistance to on-going training programs we are with you every step of the way.
What financial investment do I need to make?
Del Taco requires $500K liquid assets and a net worth of $1MM and a commitment to develop at least two restaurants.
The total investment for each Del Taco location will depend on the markets you choose. For each location the investment will be vary.
Please refer to the INVESTMENT section of our Franchise Disclosure Document for a clear representation of the total investment ranges. In all cases, the investment includes the initial franchise fees, training costs, inventory, build-out expenses, computer hardware and software and insurance.
May I “buy” a development territory?
Multi-unit Development Agreements are negotiated to indicate the number of restaurants to be developed in a defined geographic area over a specified period of time. You will pay a deposit to secure the exclusive rights to develop in that area for a given time frame.
How will Del Taco define my territory?
The potential number of locations in your market will depend on many factors, including size of the market, population, competition and timing. Each Designated Territory will vary in size and geographic coverage, based upon population density, growth trends, advertising coverage and other demographic criteria. Collectively, based on your geographic preference, financial strength and experience Del Taco will design a multi-unit development area.
Can I expect assistance in finding locations?
For new restaurants, both company and franchise owned alike, we employ sophisticated site selection metrics. We evaluate indicators of market strength such as demographics, psychographics, traffic patterns, competitive landscape and the overall depth and quality of the
25521 Commercenter Drive
Lake Forest, CA 92630
trade area. This information is then provided to experienced real estate professionals who will
work with you in identifying potential locations.
Does Del Taco purchase the real estate on behalf of the franchisee, provide real estate leases
or build-to-suit arrangements?
New site locations will be acquired by each franchisee. They are also responsible for contracting
and managing the construction of each restaurant with guidance from Del Taco.
I would like to submit a site to your real estate department for consideration but I do not
want to be a franchisee.
Please submit sites to our Real Estate Team at: bmarquis@deltaco.com
What are the fees paid to Del Taco?
Initial franchise fee is $35,000. The ongoing Royalty is 5% of net sales and the Marketing Fee is
4% of net sales of which 2.6% will go directly to your local DMA Marketing to fund direct mail,
local radio and TX, sponsorships, etc. The other 1.4% goes to National Production to fund instore
marketing materials such as POP, research, agency partners etc. There is also a $10,000
grand opening/promotional fee, which will be spent on the opening of your new restaurant.
What else will Del Taco do for me?
At Del Taco we value our franchisees and the effort they put in to grow the brand. We begin by
providing you with sophisticated location selection analysis and follow that with in-depth
operations training. You’ll learn the techniques and operational processes of our very unique
system. Our ongoing support and training programs keep you up to date on the successful
techniques we and other franchisees use to grow sales and continually improve operations and
customer service.
We will provide you with our Confidential Store Operations Manual. This manual contains a
wealth of information about how to operate and grow your Del Taco franchise. Further, we will
provide you with marketing aids, sample advertising, promotional recommendations,
purchasing guidelines, and other tools you need to start and manage your business.
Is Del Taco pursuing any international development?
Del Taco is not currently pursuing franchise opportunities outside of the United States.
What’s the next step?
You can call us at 800-628-1368 ext.5, or complete the Inquire Now at
www.deltacofranchise.com and you will be contacted to discuss the Del Taco opportunity and
your interest.
Please refer to the 7 Steps To Owning a Del Taco Franchise for further information.
Do I need previous foodservice experience before I buy a Del Taco franchise?
We prefer our franchise owners to be experienced restaurant operators. However, if you do not have specific restaurant experience you should plan on partnering with an experienced operating partner. This person should have at least a 10% vestment in the business.
What will I be doing as a franchisee?
When you purchase a multi-unit franchise, your responsibility will be to open locations, build individual store sales, provide the utmost in customer service and quality and motivate your teams and employees. We will provide outstanding support to help you make that happen. From market planning and real estate site selection, construction guidance, operations and marketing assistance to on-going training programs we are with you every step of the way.
What financial investment do I need to make?
Del Taco requires $500K liquid assets and a net worth of $1MM and a commitment to develop at least two restaurants.
The total investment for each Del Taco location will depend on the markets you choose. For each location the investment will be vary.
Please refer to the INVESTMENT section of our Franchise Disclosure Document for a clear representation of the total investment ranges. In all cases, the investment includes the initial franchise fees, training costs, inventory, build-out expenses, computer hardware and software and insurance.
May I “buy” a development territory?
Multi-unit Development Agreements are negotiated to indicate the number of restaurants to be developed in a defined geographic area over a specified period of time. You will pay a deposit to secure the exclusive rights to develop in that area for a given time frame.
How will Del Taco define my territory?
The potential number of locations in your market will depend on many factors, including size of the market, population, competition and timing. Each Designated Territory will vary in size and geographic coverage, based upon population density, growth trends, advertising coverage and other demographic criteria. Collectively, based on your geographic preference, financial strength and experience Del Taco will design a multi-unit development area.
Can I expect assistance in finding locations?
For new restaurants, both company and franchise owned alike, we employ sophisticated site selection metrics. We evaluate indicators of market strength such as demographics, psychographics, traffic patterns, competitive landscape and the overall depth and quality of the
25521 Commercenter Drive
Lake Forest, CA 92630
trade area. This information is then provided to experienced real estate professionals who will
work with you in identifying potential locations.
Does Del Taco purchase the real estate on behalf of the franchisee, provide real estate leases
or build-to-suit arrangements?
New site locations will be acquired by each franchisee. They are also responsible for contracting
and managing the construction of each restaurant with guidance from Del Taco.
I would like to submit a site to your real estate department for consideration but I do not
want to be a franchisee.
Please submit sites to our Real Estate Team at: bmarquis@deltaco.com
What are the fees paid to Del Taco?
Initial franchise fee is $35,000. The ongoing Royalty is 5% of net sales and the Marketing Fee is
4% of net sales of which 2.6% will go directly to your local DMA Marketing to fund direct mail,
local radio and TX, sponsorships, etc. The other 1.4% goes to National Production to fund instore
marketing materials such as POP, research, agency partners etc. There is also a $10,000
grand opening/promotional fee, which will be spent on the opening of your new restaurant.
What else will Del Taco do for me?
At Del Taco we value our franchisees and the effort they put in to grow the brand. We begin by
providing you with sophisticated location selection analysis and follow that with in-depth
operations training. You’ll learn the techniques and operational processes of our very unique
system. Our ongoing support and training programs keep you up to date on the successful
techniques we and other franchisees use to grow sales and continually improve operations and
customer service.
We will provide you with our Confidential Store Operations Manual. This manual contains a
wealth of information about how to operate and grow your Del Taco franchise. Further, we will
provide you with marketing aids, sample advertising, promotional recommendations,
purchasing guidelines, and other tools you need to start and manage your business.
Is Del Taco pursuing any international development?
Del Taco is not currently pursuing franchise opportunities outside of the United States.
What’s the next step?
You can call us at 800-628-1368 ext.5, or complete the Inquire Now at
www.deltacofranchise.com and you will be contacted to discuss the Del Taco opportunity and
your interest.
Please refer to the 7 Steps To Owning a Del Taco Franchise for further information.
Posted on 9/28/14 at 2:47 pm to regularshow
threeve
Posted on 9/28/14 at 4:27 pm to regularshow
Franchising a restaurant. How about you just go dig a whole in the back yard and light 400k on fire and save yourself four/five years of your life.
Newsflash bro-The world is not clamoring for another cheap arse taco.
Franchising is for people with more money than sense. If you have a passion-pursue that. Don't just look for something random to do. The guy who sells you the franchise is the guy who wins and once you write that first check you are fricked.
Run bro.
Newsflash bro-The world is not clamoring for another cheap arse taco.
Franchising is for people with more money than sense. If you have a passion-pursue that. Don't just look for something random to do. The guy who sells you the franchise is the guy who wins and once you write that first check you are fricked.
Run bro.
Posted on 9/28/14 at 11:13 pm to regularshow
eleventy
Posted on 9/29/14 at 9:56 am to Lsupimp
The quality of OP's post tells me that this is definitely an individual with a minimum net worth of $1M. Good luck to you and your taco empire.
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