Pepe's Mexican Restaurant
Pepe's Mexican Restaurant
1325 W. 15th St.
Chicago, IL 60608
800#:
Tel: (312) 733-2500
Fax: (312) 733-2564
E-Mail: [email protected]
Web Site: www.worldfranchising.com/website.htm
Contact: Mr. Robert Ptak, President
A full-service Mexican restaurant, serving a complete line of Mexican food, with liquor, beer and wine. Complete training and help in remodeling, site selection, equipment purchasing and running the restaurant provided.
Franchisor Background
Established: 1967
First Franchise: 1968
Franchise Units: 55
Company-Owned Units: 0
Total Units: 55
Distribution:
U.S. -- 55;
Canada -- 0;
International -- 0
-North America -- Operations in 3 States
-States/Provinces with Greatest Density: 44 in IL, 11 in IN
Projected New Units Over Next 12 months: 4
Franchisee Qualifications: 3, 3, 2, 2, 1, 4
(Click here for an explanation)
Registered in Following Registration States: IL,IN,VA (Click here for an explanation)
Average Number of Employees: 8 FT, 5 PT (FT = Full Time, PT = Part Time)
Space Needs: 3,000 SF; FS, SF, SC
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $30-100K
Total Investment: $75-300K
Average Total Investment: $187.5K
Minimum Net Worth: $NR
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 3%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 20
Passive Ownership: Discouraged
Area Development Agreements: Yes/Varies
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: No
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: NR
Size Of Corporate Staff: 15
On-Going Support: B,C,D,E,F,G,H (Click here for an explanation)
Training: 4 Weeks Headquarters.
Franchisor's Specific Expansion Plans
U.S.: Midwest
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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