Diamond Dave's Taco Company
Diamond Dave's Taco Company
201 S. Clinton St., # 281
Iowa City, IA 52240
800#:
Tel: (319) 337-7690
Fax: (319) 337-4707
E-Mail: [email protected]
Web Site: www.diamonddaves.com
Contact: Mr. Stanley J. White, President
DIAMOND DAVE'S TACO COMPANY is a regional restaurant chain, featuring great family-priced Mexican/American cuisine. Opportunities include full-service restaurant/bar concept. Locations available in enclosed regional malls, strip centers and free-standing units.
Franchisor Background
Established: 1980
First Franchise: 1981
Franchise Units: 22
Company-Owned Units: 5
Total Units: 27
Distribution:
U.S. -- 36;
Canada -- 0;
International -- 0
�North America -- Operations in 5 States
�States/Provinces with Greatest Density: 14 in IA, 9 in IL, 5 in WI
Projected New Units Over Next 12 months:2
Franchisee Qualifications:, , , , ,
(Click here for an explanation)
Registered in Following Registration States: IL,MN,SD,WI
Average Number of Employees: 5 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,000-3,000 SF; SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $50-75K
Total Investment: $150-250K
Average Total Investment: $200.0K
Minimum Net Worth: $NR
Fees
�Franchise: $15K;
�Average Franchise Fee: $15.0K
�Royalty: 4%
�Average Royalty: 4.0%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Discouraged
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: N/A
Cooperative Advertising: Yes
Franchisee Association / Member: NR
Size Of Corporate Staff: 4
On-Going Support: C,D,E,F,G,H (Click here for an explanation)
Training: 2-4 Weeks Local Restaurant.
Franchisor's Specific Expansion Plans
U.S.: Midwest Only
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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