About East Coast Street Tacos Franchise
East Coast Street Tacos is a fast casual restaurant franchise specializing in Mexican inspired street food, including a diverse selection of tacos, empanadas, and other flavorful dishes.
The brand serves high quality, authentic food for both takeout and on premises dining.
The franchise fee is $40,000, and the company has been franchising since 2021.
East Coast Street Tacos Franchise Cost & Fees
Minimum Investment
$457K
Average Investment
$701K
Maximum Investment
$946K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 5% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Currently 1%, but reserve the right of up to 3% of Gross Revenues | National brand fund |
| Total Investment Range | $456,900 – $945,750 | Includes build-out, inventory, working capital |
The investment range of $457K–$946K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5% of Gross Revenues) and marketing fee (Currently 1%, but reserve the right of up to 3% of Gross Revenues) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee(1)(2) | $40,000 | $40,000 |
| Travel and Living Expenses While Training(3) | $5,000 | $10,000 |
| Real Estate Rent Deposits and Pre-Paid Expenses (3 months)(4) | $6,000 | $60,000 |
| Utility Deposits | $750 | $1,500 |
| Dues and Subscriptions | $150 | $250 |
| Furniture, Fixtures, and Décor | $40,000 | $125,000 |
| Construction of Leasehold Improvements(4) | $240,000 | $480,000 |
| Inventory and Supplies(5) | $10,000 | $25,000 |
| Opening Inventory | $28,000 | $32,000 |
| Business Licenses and Permits (6) | $2,500 | $10,000 |
| Grand Opening Advertising | $5,000 | $10,000 |
| Equipment, TV, Cameras, and Office Supplies(7) | $22,500 | $41,000 |
| Insurance (3 months)(8) | $2,000 | $5,000 |
| Architectural/Engineering(9) | $10,000 | $20,000 |
| Signage(10) | $2,000 | $10,000 |
| Accountant and Attorney Fees(11) | $3,000 | $6,000 |
| Additional Funds (3 Months)(12) | $40,000 | $70,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | The greater of 30% of our then-current initial franchise fee or 5% of the sales price |
| Renewal Fee | 20% of the then-current franchise fee |
| Technology Fee | $1,000 - $2,000 per month |
| Audit Fee | Cost of inspection |
| Local Marketing Requirement | 1% of Gross Revenues |
| Cooperative Advertising Programs | 0% initially, we reserve the right to require up to 2% of Gross Revenues |
| National Franchise Convention Fee | $500 Annually |
| Owners’ Manual Replacement Fee | $250 As incurred. |
| Additional Training or Assistance | Currently, we charge $250 per person, per day plus expenses for training |
| Relocation Assistance | Cost of relocation |
| Testing of Products or Approval of new Suppliers | Not to exceed $1,000 |
| Interest | Lesser of 1.5% per month or highest commercial contract interest rate law allows |
| Maintenance and Refurbishing of Business | You must reimburse our expenses |
| Insurance | You must reimburse our costs |
| Insufficient Funds | $75 |
| Cost of Enforcement | All costs including reasonable attorneys’ fees |
| Management Fee | $250 per person per day (plus costs and expenses) |
| Indemnification | Will vary |
| Square Point of Sale (“POS”) System | $500 - $1,000, plus a monthly fee of $600 |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 10 days at our location in Brooklyn, New York, with an additional 10 days at your location. |
| Classroom Training | 10 hours |
| On-the-Job Training | 70 hours |
| Training Location | Brooklyn, New York |
| Additional Training | We may charge you for training newly-hired personnel; for refresher training courses; for the annual convention; and for additional or special assistance or training you need or request. You (or your Operating Principal) and/or any previously-trained manager must attend any refresher or follow-up training that we designate. We will not charge you a fee for this training, however, you may incur out-of-pocket costs in attending same. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | a circle having a radius of three (3) miles or 35,000 people, whichever is less |
| Description | The Approved Location of a single franchise will be at the center of the Territory, composed of a circle having a radius of three (3) miles or 35,000 people, whichever is less. The Approved Location of a single franchise in a metropolitan area will be at the center of a Territory composed of a circle having a radius that East Coast Street Tacos believes will not cause a material adverse effect on the Business. We grant you a franchise for a specific Approved Location within the Territory. The site may not be changed without our written approval and compliance with our relocation procedures, and you may not operate out of any site other than the approved site within the Territory without our written approval. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | Ten (10) years |
| Renewal Term | Ten (10) years |
| Renewal Fee | 20% of the then-current franchise fee |
| Renewal Conditions | Good standing; timely advance notice; pay any then-current renewal fee; sign new Franchise Agreement that may contain materially different terms and conditions than the Franchise Agreement in this Disclosure Document; be current in payments; sign release; and modernize Business to meet then-current standards. |
| Transfer Fee | The greater of 30% of our then-current initial franchise fee or 5% of the sales price |
| Transfer Conditions | New franchisee qualifies, payment of all of your outstanding debts to us, cure of any defaults, then-current agreement signed by new franchisee or assumption of existing agreement, transfer fee paid; training completed; and release signed by you and your Related Parties. |
| Termination for Cause | We can terminate only if you default. Curable defaults (30 days to cure, 5 days for non-payment). Non-curable defaults include misuse of trademarks; breach of non-competition; unauthorized assignment or transfer; material misrepresentation; lack of prior consent; abandonment; repeated defaults; threat to public health or safety; bankruptcy; felony conviction. |
| Non-Compete Period | two (2) years |
| Non-Compete Details | No competing business for two (2) years: (i) at the Approved Location, (ii) within 25 miles of the Approved location, or (iii) within 25 miles of any other System Business (including after assignment). |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | If you are an individual, you or a trained manager must personally manage the franchised business at all times. You and your manager, if any, must attend and successfully complete initial training. If you are a legal entity, you must designate a managing shareholder, partner, or member (“Operating Principal”). Your Operating Principal or a trained manager must personally manage the franchised business at all times. Your Operating Principal and your manager, if any, must attend and successfully complete initial training. |
| Required Suppliers | For the Opening Inventory listed in Item 5, and discussed in Item 7, we and our affiliates are the only approved supplier. |
| Supply Restrictions | You must operate your East Coast Street Tacos Business according to our System and specifications. We have the right to require you to purchase any items or services necessary to operate your Franchised Business from a supplier that we approve or designate (each, an “Approved Supplier”), which may include us or our affiliate(s). We may develop proprietary products for use in your Franchised Business, including private-label products that bear our Marks, and require you to purchase these items from us or our affiliate(s). |
| Franchisor Revenue from Suppliers | In our last fiscal year, ending on December 31, 2022, we received $0 in revenue from all required purchases and leases of products and services by franchisees, including purchases of items to be resold in the Business, and rebates we receive from third-parties. This was 0% of our total revenue of $300, as reported in our most recent audited financial statements. |
East Coast Street Tacos Franchise Earnings — Item 19
East Coast Street Tacos does not make an Item 19 financial performance representation in their FDD. This means they do not disclose revenue, profit, or earnings data for franchised locations. Before investing, ask the franchisor directly for franchisee contact information so you can speak with existing owners about their actual financial performance.
East Coast Street Tacos does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
East Coast Street Tacos Litigation & Risk Flags
Clean Litigation RecordEast Coast Street Tacos has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
East Coast Street Tacos System Growth
Total Units
3
Franchised
0
Company-Owned
3
East Coast Street Tacos currently operates 0 franchised locations and 3 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | 0 |
| 2021 | 0 | 0 | 0 |
| 2022 | 0 | 0 | 0 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, Wisconsin
Franchisor Financials (Item 21)
Revenue
$300
Net Income
$-266
Total Assets
$10K
Audited by Divine, Blalock, Martin & Sellari, LLC for year ending December 31.
East Coast Street Tacos Franchise — FAQ
The total investment to open a East Coast Street Tacos franchise ranges from $456,900 to $945,750, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
East Coast Street Tacos charges a royalty fee of 5% of Gross Revenues of gross sales, plus a Currently 1%, but reserve the right of up to 3% of Gross Revenues contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the East Coast Street Tacos Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from East Coast Street Tacos to ensure you have the most up-to-date version.
East Coast Street Tacos does not provide an Item 19 financial performance representation in their FDD, which means they do not disclose franchisee revenue or earnings data. Prospective investors should contact existing franchisees directly (listed in Item 20 of the FDD) to gather real-world financial performance information.
East Coast Street Tacos has been franchising since 2021. The FDD shows an investment range of $456,900-$945,750, a 5% of Gross Revenues royalty, and no Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $456,900 to $945,750 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
Similar Food & Beverage Franchises
Interested in East Coast Street Tacos?
Get free info on this franchise. We will send you a detailed FDD report by email.
Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from East Coast Street Tacos and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with East Coast Street Tacos or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com