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Tippy's Taco House
5025 Falcon Hollow
McKinney, TX 75070
800#:
Tel: (972) 547-0888
Fax: (972) 547-0888
E-Mail:
Web Site:
Contact: Mr. W. L. (Jack) Locklier, Owner
Excellent Tex-Mex food. Eat-in/take-out/drive-thru/delivery. Chuckwagon chili enchiladas, tacos, burritos, wraps of all kinds, armadillo eggs, chimichongos, nachos, fried jalapenos, tortilla soup, quesadillas and guacamole.
Franchisor Background
Established: 1958
First Franchise: 1968
Franchise Units: 15
Company-Owned Units: 0
Total Units:15
Distribution:
U.S. -- 15;
Canada -- 0;
International -- 0
> North America -- Operations in 5 States
> States/Provinces with Greatest Density: VA, NC
Projected New Units Over Next 12 months:NR
Franchisee Qualifications:1, 3, 2, 2, 5, 5
(for an explanation
click here)
Registered in Following Registration States: NR
Average Number of Employees: 5 FT, 3 PT (FT = Full Time, PT = Part Time)
Space Needs:1,500-2,000 SF; FS, SF, SC
(for abbreviations click here)
Financial Requirements
Cash Investment: $20% of Total
Total Investment: $150K+
Average Total Investment: $150K
Minimum Net Worth: $150K
Fees
>Franchise: $20K;
>Average Franchise Fee: $20K
>Royalty: 3%
>Advertising: 0.03%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/20
Passive Ownership: Discouraged
Area Development Agreements:Yes/Varies
Sub-Franchising Contracts: Yes
Expand In Territory:Yes
Franchisor Support and Training Provided
Site Selection Assistance:Yes
Lease Negotiation Assistance: Yes
Cooperative Advertising: No
Franchisee Assoc. / Member: No
Size Of Corporate Staff: 2
On-Going Support: B,D,E,F,G,H (for an explanation click here)
Training: 1 Week at Closest Approved Unit.
Franchisor's Specific Expansion Plans
U.S.: Southwest, Southeast, North
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
For a sample questionnaire click here.
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