Does any officer of Cilantro Taco Grill own an interest in any supplier?

According to Cilantro Taco Grill's 2024 Franchise Disclosure Document, no officer of Cilantro Taco Grill owns an interest in any supplier. The FDD also states that neither Cilantro Taco Grill nor its affiliates are approved suppliers of any item that franchisees must purchase or lease. However, the document specifies that if Cilantro Taco Grill or its affiliates become designated or approved suppliers in the future, they reserve the right to earn a profit from the sale of products to their franchisees.

For a prospective franchisee, this means that currently, there is no conflict of interest where Cilantro Taco Grill's officers would benefit directly from the franchisee's required purchases. However, this could change in the future, and Cilantro Taco Grill retains the right to profit from sales to franchisees if they or their affiliates become approved suppliers.

During the fiscal year ended December 31, 2023, neither Cilantro Taco Grill nor its affiliates earned any revenue from the sale of products to their franchisees. This provides some assurance that, at least recently, franchisees were not subject to mandatory purchases from the franchisor or its affiliates. Franchisees should monitor any changes to approved suppliers and potential revenue earned by Cilantro Taco Grill from these sources, as this could impact their operating costs and profitability.