Start a Quesada Burritos & Tacos Franchise in 2024

Franchise 500 Rank: N/R Not ranked last year

Initial investment: $244K - $416K

Units as of 2022: 172 38.7% over 3 years

The demand for healthier casual food options and the popularity of Mexican flavors have inspired many businesses to take on the fast-casual Mexican food industry. In Canada, Quesada Burritos & Tacos is one of the top-performing restaurants that fit the profile.

Quesada Burritos & Tacos was founded in Toronto, Ontario, in 2003 by software developer Steve Gill. The company has been franchising since 2010 and is currently looking for new franchisees worldwide. Since beginning to franchise in 2010, Quesada Burritos & tacos has opened over 140 franchises in Canada.

Quesada Burritos & Tacos sells multiple types of Mexican food, such as quesadillas, burritos, tacos, and a wide variety of salads. The company also provides a catering service with different platters.

Why You May Want To Start a Quesada Burritos & Tacos Franchise

Quesada Burritos & Tacos franchisees don't necessarily need previous experience in the restaurant and catering service field. However, they should be personable and ready to serve in the restaurant industry. Quesada Burritos & Tacos believes in integrity, teamwork, and mutual respect. A franchisee should be able to demonstrate that they share these values.

Owning a restaurant may also demand a lot of organization, attention to detail, and a good customer service experience. A franchisee should have business management experience and be ready to get involved.

Quesada Burritos & Tacos may have an extensive presence in Canada. There, it operates many standalone restaurants to go along with several locations on university campuses.

What Might Make a Quesada Burritos & Tacos Franchise a Good Choice?

Opening a Quesada Burritos & Tacos franchise may offer more possible growth than if you were to open an entirely new brand. According to the company, around 50% of its franchisees own multiple locations.

To be part of the Quesada Burritos & Tacos team, you should make sure you're financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company's set net worth and liquid capital requirements.

How To Open a Quesada Burritos & Tacos Franchise

Before making any financial commitment or signing an agreement, you may want to speak to existing franchisees and ask the Quesada Burritos & Tacos franchising team questions.

The Quesada Burritos & Taco franchise team will typically work with you to find and secure a location. Still, you should be aware of your potential competition and challenges in your market before moving on with Quesada Burritos & Tacos.

If you are awarded a franchise, you'll have to undergo training while planning to open your location. Quesada Burritos & Tacos offers their new franchisees many hours of both on-the-job training and classroom training. They may offer additional training twice annually to go along with ongoing support that includes field operations, online support, proprietary software, and more.

It may be a good idea to speak with an attorney or financial advisor to ensure that you have the necessary financial resources to own and operate a Quesada Burritos & Tacos franchise.

Company Overview

About Quesada Burritos & Tacos

Industry	Food
Related Categories	Mexican Food
Founded	2003
Parent Company	Quesada Frachising of Canada Corp.
Leadership	Steve Gill, President & CEO
Corporate Address	1240 Bay St., #402 Toronto, ON M5R 2A7
Social	Facebook, Instagram

Business Overview

Franchising Since	2010 (14 years)
# of employees at HQ	18
Where seeking	This company is offering new franchises in the following international regions: Canada
# of Units	172 (as of 2022)

Information for Franchisees

Here's what you need to know if you're interested in opening a Quesada Burritos & Tacos 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 Definition: The initial fee paid to a franchisor to join their system What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.	$30,000
Initial Investment Definition: The total amount necessary to begin operation of the franchise What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.	$243,500 - $415,500
Net Worth Requirement Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.	$125,000
Cash Requirement Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.	$70,000
Royalty Fee Definition: A ongoing fee paid to the franchisor on a regular basis. What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.	6%
Ad Royalty Fee Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.	3%
Term of Agreement Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.	15 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	Quesada Burritos & Tacos has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory

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	120 hours
Classroom Training	20 hours
Ongoing Support	Purchasing Co-ops Newsletter Meetings & Conventions Toll-Free Line Grand Opening Online Support Security & Safety Procedures Lease Negotiation Field Operations Site Selection Proprietary Software Franchisee Intranet Platform
Marketing Support	Co-op Advertising Ad Templates National Media Regional Advertising Social Media SEO Website Development Email Marketing Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?	No
Can this franchise be run from home/mobile unit? Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.	No
Can this franchise be run part time? Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.	No
# of employees required to run	10-15
Are exclusive territories available? Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.	Yes