About Talkin' Tacos Franchise
Talkin' Tacos is a Mexican restaurant franchise serving tacos, burritos, and a full lineup of traditional Mexican food items to the general public.
Franchising since 2022, the brand focuses on delivering authentic flavors with consistent quality standards that create a reliable dining experience at every location.
The initial franchise fee is $45,000.
Talkin' Tacos Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 6.5% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Local Advertising: 2% of Gross Revenues (monthly); Grand Opening Advertising: $2,000 - $5,000 (around time of opening) | National brand fund |
| Total Investment Range | $271,000 – $575,000 | Includes build-out, inventory, working capital |
The investment range of $271K–$575K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (6.5% of Gross Revenues) and marketing fee (Local Advertising: 2% of Gross Revenues (monthly); Grand Opening Advertising: $2,000 - $5,000 (around time of opening)) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee | $45,000 | $45,000 |
| Traveling and Living Expenses while Training | $4,000 | $6,000 |
| Furniture, Fixtures, and Décor | $25,000 | $45,000 |
| Real Property Rent and Security Deposits | $15,000 | $70,000 |
| Leasehold Improvements | $40,000 | $100,000 |
| Equipment, TV, Cameras and other Supplies | $70,000 | $180,000 |
| Initial Inventory | $15,000 | $25,000 |
| Signage | $4,000 | $6,000 |
| Grand Opening Advertising | $2,000 | $5,000 |
| Licenses, Permits, and Certifications | $5,000 | $8,000 |
| Insurance (3 Months) | $3,000 | $5,000 |
| Professional Fees | $3,000 | $5,000 |
| Additional Funds (3 months) | $40,000 | $75,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 30% of the then current initial franchise fee or 5% of the sales price, whichever is greater |
| Renewal Fee | 25% of the then current initial franchise fee |
| Technology Fee | Approximately $400 per month (plus transaction costs) |
| Audit Fee | Cost of inspection plus the amount of the underpayment plus interest from the date such amount was due until received by Franchisor, paid at the rate of the lesser of 1.5% per month or the highest commercial contract interest rate allowed by law |
| Interest | Lesser of 1.5% per month or the highest commercial contract interest rate allowed by law |
| National Franchise Convention Fee | $500 |
| Maintenance and Refurbishing of Business | You must reimburse our expenses |
| Insufficient Funds | $75 |
| Relocation Assistance | Our actual cost |
| Retraining Fee | Our then current standard rates or $250 per trainee per day, whichever is greater |
| Additional Training or Assistance | Currently, we charge $250 per day per person plus expenses for training at our location, and $250 per day per person plus expenses for training plus travel, lodging, and meal expenses incurred by our trainer for training at your location. |
| Product and Service Purchases | Actual amount incurred |
| Testing of Products or Approval of new Suppliers | Not to exceed $1,000 |
| Customer Service Fee | Actual amount of our cost or reimbursement |
| E-mail Maintenance Fee | None at this time; we reserve the right to charge up to $50/month |
| Insurance | You must reimburse our costs |
| De-Identification Reimbursement Fee | Actual costs incurred |
| Management Fee | $250 per person per day (plus other costs and expenses) |
| Indemnification | Our actual cost incurred |
| Cost of Enforcement | All costs, including reasonable attorneys’ fees |
Training Program (Item 11)
| Detail | Information |
|---|---|
| Total Duration | 15 Hours Classroom, 141 Hours On-the-Job |
| Classroom Training | 15 |
| On-the-Job Training | 141 |
| Training Location | Our Affiliate location in Miami, FL or another franchisor training center we designate. |
| Additional Training | We may charge $250 per person per day plus expenses for training newly-hired personnel; for refresher training courses; for the conventions, seminars, conferences, and webinars; and for additional or special assistance or training you need or request. For all training sessions and conferences, you must pay for your trainees' and representatives' salaries and benefits, and for their travel, lodging, and meal expenses. |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | Exclusive |
| Exclusive Territory | Yes |
| Territory Size | Normally a 3-mile radius around your outlet. |
| Description | A specific geographic region defined by radius, zip codes, natural, or political boundaries as set forth in the Franchise Agreement. We will not establish a company-owned or franchised outlet selling similar goods/services within your exclusive territory. We reserve the right to use other channels of distribution (Internet, catalog sales, telemarketing) to solicit orders within your territory, but normally direct inquiries to your outlet. We also reserve the right to use other channels of distribution to make sales within your territory of products/services under different trademarks. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | Additional ten (10) year terms |
| Renewal Fee | 25% of the then current initial franchise fee |
| Renewal Conditions | You may renew the Franchise Agreement if you: have fully complied with the provisions of the Franchise Agreement; have made capital expenditures as necessary to maintain uniformity with the System; have satisfied all monetary obligations owed to us or any of our affiliates; are not in default of any provision of the Franchise Agreement or any other agreement between you and us; have given timely written notice of your intent to renew; sign a current Franchise Agreement, with materially different terms and conditions than your original Franchise Agreement; comply with current qualifications and agree to comply with any training requirements; sign a general release (subject to applicable state law) in a form we proscribe, and pay a renewal fee. |
| Transfer Fee | 30% of the then current initial franchise fee or 5% of the sales price, whichever is greater |
| Transfer Conditions | We will consent to a transfer if: we have not exercised our right of first refusal; all obligations owed to us are paid; you and the transferee have signed a general release (subject to applicable state law) in a form we proscribe; the prospective transferee meets our business and financial standards; the transferee and all persons owning any interest in the transferee sign the then current Franchise Agreement; you provide us with a copy of all contracts and agreements related to the transfer; you or the transferee pay a transfer fee; the transferee or the owners of transferee have agreed to be personally bound by all provisions of the Franchise Agreement; the transferee has obtained all necessary consents and approvals of third parties; you or all of your equity owners have signed a non-competition agreement in a form the same as or similar to the Nondisclosure and Non-Competition attached to the Franchise Agreement; and the transferee has agreed that it will complete the initial training program before assuming management of the franchised business. |
| Termination for Cause | Franchisor may terminate without opportunity to cure for reasons including failure to establish/open business, failure to complete training, failure to maintain licenses, material misrepresentation, felony conviction, unauthorized use of confidential information, failure to sign non-compete agreements, abandonment for 5+ days, unauthorized transfer of control, failure to maintain manager supervision, understating royalty fees by 2% or more on 2+ occasions, insolvency, misuse of Marks, failure to submit reports/pay fees on 2+ occasions, health/safety violations on 2+ occasions, 3 breaches of agreement/manual in 12 months, default under other agreements, targeted marketing outside territory, or failure to refer business opportunities. For other breaches, a 5, 10, or 30-day cure period is provided depending on the nature of the default (e.g., 5 days for payments, 10 days for insurance, 30 days for other mandatory specifications). |
| Non-Compete Period | During the term of the Franchise and for 2 years after termination or expiration. |
| Non-Compete Details | Prohibits offering competitive business services located or operating (a) at or within a twenty-five (25) mile radius of the Franchised Business, or (b) within a twenty-five (25) mile radius of any other Talkin’ Tacos Business in existence at the time of termination or expiration, or (c) any other business owned or operated by the Franchisor in existence at the time of termination or expansion; or soliciting or otherwise attempting to induce or influence any customer or other business associate of Franchisor to terminate or modify his, her or its business relationship with Franchisor or to compete against Franchisor. Applies to franchisee, owners, officers, directors, executives, managers, professional staff, and employees. |
Operations & Supply (Items 8 & 15)
| Detail | Information |
|---|---|
| Owner-Operator Required | Yes |
| Participation Details | Either the Franchisee or its on-site Designated Manager must devote sufficient efforts to the management of the day-to-day operations of the Franchised Business, but not less than forty (40) hours per week. The Designated Manager must be approved by the franchisor and complete initial training. If the Franchisee is an entity, its Designated Manager is not required to own an equity interest in the Franchisee. Individuals with 5% or greater interest in a corporate/LLC franchisee must personally guarantee obligations. |
| Required Suppliers | You must purchase computer hardware and software designated by us. You must purchase furniture, fixtures, and equipment from a vendor that we designate or subject to our specifications. You must purchase inventory and supplies from approved suppliers that we designate or pursuant to our specifications. You must purchase signage according to our specifications. |
| Supply Restrictions | We do not maintain written criteria for approving suppliers. We permit alternative suppliers if approved by us and they meet our criteria. We charge up to $1,000 to test new suppliers. We issue specifications and standards through our Operations Manual or informational bulletins. We may, but do not currently, derive revenue or other material consideration from required purchases or leases. Our affiliate does not. In fiscal year 2022, we did not receive supplier rebates but may in the future. Approximately 70% of initial expenditures and 30% of ongoing expenditures will be for goods/services from us, an affiliate, or approved suppliers. |
| Franchisor Revenue from Suppliers | Designated suppliers may make payments to us from franchisee purchases. In the fiscal year ended December 31, 2022, we did not yet receive any supplier rebates but may do so in the future. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | We do not offer direct or indirect financing. We do not guarantee your note, lease or obligation. |
Talkin' Tacos Franchise Earnings — Item 19
Talkin' 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.
Talkin' Tacos Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Talkin' Tacos System Growth
Talkin' Tacos currently operates 0 franchised locations and 4 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 | 2 | 0 | 2 |
| 2022 | 2 | 0 | 4 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 23 states: CA, CT, FL, HI, IL, IN, KY, ME, MD, MI, MN, NE, NY, NC, ND, RI, SC, SD, TX, UT, VA, WA, WI
Franchisor Financials (Item 21)
Audited by SMITH, BUZZI & ASSOCIATES, LLC. for year ending December 31.
Talkin' Tacos Franchise — FAQ
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