Taxi's Restaurants International
Taxi's Restaurants International
1840 San Miguel Dr., # 206
Walnut Creek, CA 94596
800#: (877) 448-8294
Tel: (925) 939-5021
Fax: (925) 937-7227
E-Mail: [email protected]
Web Site: www.taxishamburgers.com
Contact: Mr. Jeffery Neustadt, President/CEO
TAXI'S RESTAURANTS is a chain of fast/casual restaurants, offering a varied menu of gourmet hamburgers, over-sized sandwiches, salads, soups, shakes and a Top-Your-Own Baked Potato Bar. The restaurants feature a lively atmosphere, complete with jukebox music set in the theme of a taxi garage. TAXI'S is open for lunch and dinner and Company unit sales average over $1 million annually.
Franchisor Background
Established: 1991
First Franchise: 1995
Franchise Units: 0
Company-Owned Units: 5
Total Units: 5
Distribution:
U.S. -- 5;
Canada -- 0;
International -- 0
-North America -- Operations in 1 State
-States/Provinces with Greatest Density: 5 in CA
Projected New Units Over Next 12 months: 7
Franchisee Qualifications: 4, 5, 5, 3, 1, 4
(Click here for an explanation)
Registered in Following Registration States: CA,WA (Click here for an explanation)
Average Number of Employees: 10 FT, 15 PT (FT = Full Time, PT = Part Time)
Space Needs: 2,500 SF; FS, SF, SC, RM
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $NA
Total Investment: $395-450K
Average Total Investment: $422.5K
Minimum Net Worth: $NA
Fees:
-Franchise: $25K
-Average Franchise Fee: $25.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 3.75%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/N/A
Passive Ownership: Not Allowed
Area Development Agreements: Yes
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: No
International Franchise Association:
Canadian Franchise Association:
Franchisee Association / Member: No
Size Of Corporate Staff: 4
On-Going Support: C,D,E,G,H,I (Click here for an explanation)
Training: 4 Weeks Walnut Creek, CA.
Franchisor's Specific Expansion Plans
U.S.: NR
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
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