Burrito Shak
Burritos, tacos, quesadillas, nachos
- 2023 Franchise 500 Rank
-
N/RNot ranked last year
- Initial investment
-
$318K - $781K
- Units as of 2023
-
8 100.0% over 3 years
Company Overview
About Burrito Shak
| Industry | Food |
|---|---|
| Related Categories | Mexican Food,Mexican Restaurants |
| Founded | 2015 |
| Parent Company | Burrito Shak LLC |
| Leadership | David Longo, CEO/Founder |
| Corporate Address | 15489 U.S. Hwy. 17, #4 Hampstead, NC 28443 |
| Social | Facebook,LinkedIn,Instagram |
Business Overview
| Franchising Since | 2018(5 years) |
|---|---|
| # of employees at HQ | 5 |
| Where seeking | This company is offering new franchisees in the following US states: Alabama, Arkansas, Arizona, Colorado, Connecticut, District of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Missouri, Mississippi, Montana, North Carolina, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, West Virginia, Wyoming |
| # of Units | 8(as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Burrito Shak franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
| Initial Franchise Fee
|
$45,000 |
|---|---|
| Initial Investment
|
$318,225 - $780,500 |
| Net Worth Requirement
|
$350,000 |
| Cash Requirement
|
$10,000 - $120,000 |
| Veteran Incentives
|
10% off franchise fee |
| Royalty Fee
|
5% |
| Ad Royalty Fee
|
1% |
| Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| Third Party Financing | Burrito Shak has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
|---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 100 hours |
|---|---|
| Classroom Training | 16 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Lease Negotiation
Field Operations
Site Selection
|
| Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
| Can this franchise be run from home/mobile unit?
|
No |
| Can this franchise be run part time?
|
No |
| Are exclusive territories available?
|
Yes |
Interested in ownership opportunities like Burrito Shak? Request a free consultation with a Franchise Advisor now.
Additional Rankings
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