What is the maximum amount that Cilantro Taco Grill charges for the on-site location evaluation?
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. |
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 on-site location evaluation fee ranges from $0 to $500. This fee is paid as a lump sum in cash or available funds to Cilantro Taco Grill before the evaluation takes place.
This evaluation is an important step for prospective franchisees as it helps determine the suitability of a potential location. The fee covers Cilantro Taco Grill's expenses for conducting this evaluation. The fact that the fee can be $0 suggests that in some cases, Cilantro Taco Grill may waive this fee, possibly depending on the circumstances or the franchisee's qualifications.
Prospective franchisees should budget up to $500 for this on-site location evaluation. It is advisable to clarify with Cilantro Taco Grill the specific factors that determine whether the fee will be charged and the scope of the evaluation services provided.