TacoTime

TacoTime Franchise: A History of Success

TacoTime, a popular fast-food chain specializing in Mexican-inspired dishes, was founded in Eugene, Oregon in 1959 by Ron Fraedrick. The first restaurant opened near the University of Oregon, quickly gaining popularity. Just three years later, the first TacoTime franchise opened in Tacoma, Washington. Throughout the 1970s, TacoTime expanded rapidly, opening over 45 locations across seven Western states. The brand continued to grow internationally, opening its first franchise in Lethbridge, Alberta, Canada in 1978. In 1979, TacoTime Northwest acquired the rights to franchise and operate the TacoTime concept throughout the Northwest, including Washington state and parts of Canada.

Today, TacoTime boasts over 200 franchises across the United States and Canada. In 2003, Kahala Brands, a leading franchisor, acquired the TacoTime franchise, further solidifying its position in the industry.

Is a TacoTime Franchise Right for You?

Opening a TacoTime franchise doesn't require prior restaurant experience. However, successful franchisees often have strong managerial skills, an entrepreneurial spirit, and a willingness to follow a proven business model. TacoTime provides comprehensive support throughout the entire franchise process, from site selection and lease negotiation to construction, training, and grand opening. They also offer ongoing support with operations, marketing, and advertising.

What Makes TacoTime Stand Out?

TacoTime offers a streamlined business model, making it easier to operate and manage. The franchise has a relatively small footprint, making it easier to find the perfect location and keeping operational costs down. While you'll need to hire a team of around 15 employees, TacoTime provides extensive training programs to ensure high-quality products and exceptional customer service.

Key Considerations for Potential Franchisees

To become a TacoTime franchisee, it's essential to have sufficient liquid capital and net worth to cover the franchise fee and initial startup costs. You should also have a good credit score. Additional costs may include ongoing royalty fees and potential renewal fees. TacoTime also charges advertising fees based on gross sales. These fees support national and local marketing efforts, as well as brand building.

How to Get Started with a TacoTime Franchise

If you're interested in opening a TacoTime franchise, take the time to thoroughly research the business and assess the market potential in your area. While competition is healthy, it's important to consider the presence of other Mexican restaurants in your chosen location.

After submitting an inquiry with TacoTime, a franchise representative will contact you to discuss your qualifications and the ideal location for your franchise. If approved, you'll be provided with a detailed disclosure document. Once you've been confirmed as a franchisee, you'll sign a franchise agreement and begin your training. This includes classroom instruction and on-the-job training to prepare you for the day-to-day operations of your franchise.

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