Taco Mayo
Taco Mayo
10405 Greenbriar Pl.
Oklahoma City, OK 73159
800#:
Tel: (405) 691-8226
Fax: (405) 691-2572
E-Mail:
Web Site: www.tacomayo.com
Contact: Ms. Debbie Jackson, Qualifications Specialist
Southwest-based, privately held chain of quick-service restaurants, serving Tex-Mex favorites, including tacos, nachos, salads, burritos, etc. Almost 100 restaurants in 5 states, with active advertising co-ops, centralized purchasing, distribution, training and field service representatives. Free-standing limits (conversion and remodeled) feature drive-thru and dining room seating.
Franchisor Background
Established: 1978
First Franchise: 1980
Franchise Units: 61
Company-Owned Units: 30
Total Units: 91
Distribution:
U.S. -- 91;
Canada -- 0;
International -- 0
-North America -- Operations in 5 States
-States/Provinces with Greatest Density: 83 in OK, 8 in TX, 3 in KS
Projected New Units Over Next 12 months: 18
Franchisee Qualifications: 5, 4, 2, 3, 5, 5
(Click here for an explanation)
Registered in Following Registration States: NR (Click here for an explanation)
Average Number of Employees: 5 FT, 16 PT (FT = Full Time, PT = Part Time)
Space Needs: 900-2,200 SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $100K
Total Investment: $99-499K
Average Total Investment: $299.0K
Minimum Net Worth: $200K
Fees:
-Franchise: $15K
-Average Franchise Fee: $15.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 3%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 10/10
Passive Ownership: Not Allowed
Area Development Agreements: Yes/10
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: 23
On-Going Support: a,B,C,D,E,G,H (Click here for an explanation)
Training: 3 Weeks at Store in Tulsa or Oklahoma City, OK; 2 Weeks at Franchise Store.
Franchisor's Specific Expansion Plans
U.S.: OK, KS, AR, MO, N.TX
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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