What does the computer systems estimate include for a Cilantro Taco Grill franchise?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
Franchise Agreement.
9 Computer Systems. The require you to purchase the computer systems, software, hardware and peripherals meeting our minimum specifications for use at your Franchised Business. This estimate includes the cost of our current required POS system and business management software. You must also have Internet and other telecommunications equipment and services in accordance with our standards to permit electronic transmission of sales information. We reserve the right to change your requirements for computer software, hardware and peripherals at any time.
ITEM 8: RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES
We have identified various suppliers, distributors and manufacturers of equipment, inventory, and services that your Franchised Business must use or provide which meet our standards and requirements.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–21)
What This Means (2024 FDD)
According to the 2024 Cilantro Taco Grill Franchise Disclosure Document, the computer systems estimate covers the costs associated with purchasing the necessary computer systems, software, hardware, and peripherals that meet Cilantro Taco Grill's minimum specifications. This includes the Point of Sale (POS) system and business management software. Franchisees are also required to have internet and telecommunications equipment and services that adhere to Cilantro Taco Grill's standards, which facilitate the electronic transmission of sales information. The FDD specifies that Cilantro Taco Grill retains the right to modify the requirements for computer software, hardware, and peripherals at any time.
The estimated initial investment for computer systems ranges from $8,000 to $20,000, payable as required by suppliers before opening the franchise. Additionally, there are separate costs for computer systems installation and training, estimated between $0 and $2,000, also payable to suppliers before opening. These figures are part of the total estimated initial investment for a single Cilantro Taco Grill unit, which ranges from $273,000 to $730,800.
Prospective franchisees should note that these costs can vary and are subject to change as Cilantro Taco Grill updates its technology requirements. It is important to clarify with the franchisor the current specifications and potential future upgrades to budget accordingly. Understanding these technology costs is crucial for ensuring smooth operations and compliance with Cilantro Taco Grill's standards.