- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$294K - $946K
- Units as of 2023
-
37 26% over 3 years
Filling stomachs since 2002, Chronic Tacos infuses authentic Mexican recipes with a laid-back, creative, and unique atmosphere straight out of Southern California.
Serving customers like friends, the Chronic Tacos menu may include staples of Mexican cuisine, including burritos, bowls, quesadillas, fully loaded Chronic Fries, and, of course, their signature tacos. With over 40 locations in the U.S., Canada, and Japan, Chronic Tacos is spreading the combination of great food and Southern California vibes they call “the taco life” to hungry customers worldwide.
Why You May Want To Start a Chronic Tacos Franchise
Franchisees are expected to serve innovative Mexican recipes with a Southern California twist while offering a personal customer experience. Although no prior business experience is necessary, having a background in restaurant management could prove beneficial.
Chronic Tacos franchisees should share the company’s belief that awesomely creative food and a chill atmosphere go hand-in-hand. As such, Chronic Tacos franchisees should adapt to the innovative brand as it continues to experience success. Being familiar with the distinctive So-Cal culture can only help franchisees do their part in spreading the taco life.
What Might Make a Chronic Tacos Franchise a Good Choice?
The pride of Chronic Tacos may be the authenticity of their Mexican grilled food, thanks to third-generation recipes. Honoring their Southern California roots, customers should be treated to a slice of the taco lifestyle with every experience, as mouth-watering menu items, and friendly service keeps them coming back time and time again. Franchisees, therefore, will need to ensure that both the food and the overall laid-back vibes Chronic Tacos has become known for remains just as irresistible for customers as their first visit becomes their second, third, and more.
To be part of the Chronic Tacos franchise team, you should make sure you’re financially ready for an initial investment made up of a franchise fee and other startup costs. In addition, you should prepare yourself for ongoing fees that will include advertising, royalty, and potential renewal fees. Franchisees will also need to meet the company’s set net worth and liquid capital requirements.
Chronic Tacos has partnered with third-party financial lenders that may help cover the costs of the franchise fee, startup, equipment, inventory, accounts receivable, and payroll.
How To Open a Chronic Tacos Franchise
Upon approval of a Chronic Tacos franchise request, potential franchisees may speak to the company leadership before reviewing the Franchise Disclosure Document and meeting the Chronic Tacos team. Once awarded a franchise and signing the Chronic Tacos franchise agreement, you may secure your location and commence construction and training.
The Chronic Tacos franchise team will assist new franchisees with choosing a location, designing their restaurant, construction guidance, ordering equipment, marketing, and graphic design. New franchisees with Chronic Tacos will also receive a complete training program before opening. The support doesn’t end once you open the doors to your new location.
Franchisees with Chronic Tacos may receive support from a field support manager, quality and food safety, marketing, franchise support, and access to a franchise advisory council. Just don’t be surprised if you find some tacos at your meetings.
Company Overview
About Chronic Tacos
Business Overview
Franchising Since | 2006 (18 years) |
---|---|
# of employees at HQ | 13 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 37 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Chronic Tacos franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$40,000 |
---|---|
Initial Investment
|
$294,000 - $946,000 |
Net Worth Requirement
|
$250,000 |
Cash Requirement
|
$100,000 |
Veteran Incentives
|
20% off franchise fee |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Third Party Financing | Chronic Tacos has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll |
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Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 157 hours |
---|---|
Classroom Training | 43 hours |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
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Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 12 |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Chronic Tacos landed on this year's Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Chronic Tacos ranked on other franchise lists? Find out below.
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