Financial Information
The amount of money required for your Taco John’s restaurant will depend on whether you purchase or lease land, build or remodel an existing building, or locate in a shopping mall, strip shopping center, or nontraditional location. Generally you will need 20% to 30% of your investment in cash, with the balance financed over a 4-to15-year period.
Your local bank and The Small Business Administration are two excellent sources of financing. Taco John’s International, Inc. can assist you in gathering the information and references necessary to help you fulfill the application requirements established by your lending institution.
Our initial franchise fee is $25,000 for a Restaurant Franchise Agreement with a royalty fee of 4% of monthly Net Sales. In addition, franchisees currently contribute .5% of Net Sales to the Advertising Production Fund and 3% of Net Sales as an Advertising Media Fee. These fees are used for the production of advertising materials for the restaurants and for media placement. “Net Sales” are the total receipts from all sales of the restaurant, but do not include sales tax or equivalent taxes.
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