What is the initial franchise fee for a single Cilantro Taco Grill unit?
Cilantro_Taco_Grill Franchise · 2024 FDDAnswer from 2024 FDD Document
| YOUR ESTIMATED INITIAL INVESTMENT | ||||
|---|---|---|---|---|
| (Single Unit) | ||||
| Type of Expenditure | Amount | Method of Payment | To Whom Payment is Made | |
| Initial Franchise Fee1 | $35,000 | Lump sum payment in cash or available funds | Upon signing the Franchise Agreement. | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 18–21)
What This Means (2024 FDD)
According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, the initial franchise fee for a single unit is $35,000. This fee is payable as a lump sum in cash or available funds upon signing the Franchise Agreement and is paid directly to Cilantro Taco Grill.
It's important to note that this fee grants you the right to operate a single Cilantro Taco Grill location. The FDD also mentions incentive programs that may offer a discount on the initial franchise fee, so prospective franchisees should inquire about these opportunities.
This initial franchise fee is a standard practice in the franchise industry, providing the franchisee with the brand rights, training, and support necessary to start their business. However, it's only one component of the total initial investment, which ranges from $273,000 to $730,800 for a single unit, encompassing various other expenses like leasehold improvements, equipment, and initial inventory.