Business Description

TACO TIME continues to provide and improve our system for quick-service Mexican restaurants that have stood the test of time for 40 years. TACO TIME quality, focus on customer service, franchisee support and existing new products make us the innovative leader of high-quality Mexican food.

Franchisor Background

Year Established:  1959

Franchising Since:  1960

Operating Units:
Franchised Units:	284	98.6%
Company-Owned Units:	4	1.4%
Total Operating Units:	288	100.0%
Geographic Distribution: U.S.: 181 62.8% In 14 States Canada: 99 34.4% In 0 Canadian Provinces International: 8 2.8% In 0 Foreign Countries   Total: 288 100.0%

North America:
States/Provinces with the largest number of operating units:

Density	Units
1. British Columbia	34
2. Oregon	74
3. Utah	42

Registered in Following Registration States: California, Florida, Hawaii, Illinois, Indiana, Michigan, Minnesota, New York, North Dakota, Oregon, South Dakota, Virginia, Washington, Wisconsin, District Of Columbia

Financial Requirements

Investment:
Minimum Net Worth:	$300K
Cash Investment:	$100K
Total Investment:	$150-200K
Average Total Investment:	$175K
Fees:
Initial Franchise Fee:	$25K
Average Franchise Fee:	$25K
On-Going Royalty:	5%
Average Royalty:	5%
Advertising Fee:	4%

Average Number of Employees: 2-3 Full-time, 15-20 Part-time

Space Needs (in square footage): 1,500-2,160

Preferred Sites: Free-standing Building, Regional Mall

Other Sites:

Encourage Conversions? Yes

Earnings Claims Provided?: No

Franchisee Qualifications
Ranked from 1 (unimportant) to 5 (important):
Financial Net Worth:	5
General Business Experience:	4
Specific Industry Experience:	3
Formal Education:	4
Psychological Profile:	5
Personal Interview(s):	5
Terms of Contract
Term of Initial Contract:	15 Year(s)
Term of Renewal Period:	10 Year(s)
Passive Ownership:	Not Allowed
Area Development Agreements?	Yes, for 1 Year(s)
Sub-Franchising Contracts?	Yes
Franchisees Allowed to Expand Within Territory?	Yes
Support and Training
International Franchise Association:	Yes
Canadian Franchise Association:	No
Franchisee Association/Member:	Yes, Member
Size of Corporate Staff:	25
Site Selection Assistance?	Yes
Lease Negotiation Assistance?	Yes
Financial Assistance?	No
Marketing Support:
Co-Op Advertising:	No
National Advertising:	No
Regional Advertising:	No
Local Advertising:	No
Marketing Materials:	None Specified
Additional Services:	None Specified
Other Marketing Support:	None Specified
On-Going Support:
Central Data Processing:	Not Applicable
Central Purchasing:	Included in Fees
Field Operation Evaluation:	Included in Fees
Field Training:	Included in Fees
Initial Store Opening:	Included in Fees
Inventory Control:	Included in Fees
Franchisee Newsletter:	Included in Fees
Regional or National Meetings:	At Additional Cost
800 Telephone Hotline:	Included in Fees
Training:
1. Corporate Office	Up to 6 Weeks
Expansion Plans
Projected New Units Over Next 12 months: 20 U.S.: Yes, All United States Canada: Yes, Western Province Overseas: Yes, Master Licensing Agreement -- Asia	Request Franchisor Info   Submit an online form to receive information from Taco Time International.