About Talkin Tacos Virginia Franchise
Talkin' Tacos is a Mexican restaurant franchise offering authentic Mexican cuisine in a casual, welcoming dining environment.
Franchising since 2022, the brand operates restaurants that serve a full menu of Mexican favorites to the general public, combining quality ingredients with consistent preparation standards across every location.
The initial franchise fee is $45,000.
Talkin Tacos Virginia Franchise Cost & Fees
Minimum Investment
$287K
Average Investment
$641K
Maximum Investment
$994K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 7% of Gross Revenues of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | 3% of Gross Revenues (Creative Fund Contribution) and 1% of Gross Revenues (Local Advertising) | National brand fund |
| Total Investment Range | $287,000 – $994,000 | Includes build-out, inventory, working capital |
The investment range of $287K–$994K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (7% of Gross Revenues) and marketing fee (3% of Gross Revenues (Creative Fund Contribution) and 1% of Gross Revenues (Local Advertising)) 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 | $100,000 |
| Real Property Rent and Security Deposits | $15,000 | $70,000 |
| Leasehold Improvements | $40,000 | $350,000 |
| Equipment, TV, Cameras and other Supplies | $70,000 | $180,000 |
| Initial Inventory | $15,000 | $50,000 |
| Signage | $12,000 | $50,000 |
| Grand Opening Advertising | $10,000 | $50,000 |
| 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 franchise fee or 5% of the sales price, whichever is greater |
| Renewal Fee | 25% of the then current initial franchise fee |
| Technology Fee | $8.99 (E-mail Maintenance Fee) and approximately $400 per month plus transaction costs (POS and software fees) |
| Audit Fee | Cost of inspection plus the amount of the underpayment |
| 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 or our then-current rate per trainee per day, whichever is greater |
| Additional Training or Assistance | Currently, we charge $250 or our then-current rate per day per person plus expenses for training at our location, and $250 per day or our then-current rate 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 |
| 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 | 156 Hours |
| Classroom Training | 15 Hours |
| On-the-Job Training | 141 Hours |
| Training Location | Virtually on an as needed basis, or at a designated location. |
| Additional Training | We may charge you 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 | Non-exclusive |
| Exclusive Territory | No |
| Description | You will not receive an exclusive territory, meaning a geographic area within which we promise not to establish either a company-owned or franchised outlet selling the same or similar goods or services under the same or similar trademarks or service marks. We or an affiliate reserves the right to use other channels of distribution, such as the Internet, catalog sales, telemarketing, or other direct marketing sales, to solicit or accept orders within your territory using our principal trademarks, however, we would normally direct inquiries for services from within your territory to your outlet. We or an affiliate also reserves the right to use other channels of distribution, such as the Internet, catalog sales, telemarketing, or other direct marketing sales, to make sales within your territory of products or services under trademarks different from the ones that you will use under the franchise agreement. We are not obligated to pay compensation to you for soliciting or accepting orders from inside your territory. You and other franchisees may solicit (but may accept) orders from consumers outside of your territory, including through the use of other channels of distribution, such as the Internet, catalog sales, telemarketing, or other direct marketing, but you may engage in internet and social media marketing pursuant to our guidelines which such marketing may extend outside your general area. We also reserve the right to implement cross-territorial protocols and other guidelines applicable to such situations as group advertising buys by multiple franchisees which may extend into multiple territories, solicitation of orders of individuals who may reside in one territory, yet work in another, and other cross-territorial situations. You agree to abide by any such cross-territorial protocols. |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Initial Term | 10 years |
| Renewal Term | 10 years each |
| Renewal Fee | 25% of the then current initial franchise fee |
| Renewal Conditions | Franchisee must have fully complied with all material provisions of the Franchise Agreement; made necessary capital expenditures to maintain uniformity with the System; satisfied all monetary obligations owed to franchisor or affiliates; not be in default of any provision of the Franchise Agreement or any other agreement between franchisee and franchisor; given timely written notice of intent to renew (9-12 months prior to term end); executed franchisor’s then-current form of franchise agreement (which may differ materially); complied with franchisor’s then-current qualifications for a new franchisee and agreed to comply with any training requirements; executed a general release (subject to applicable state law); and paid the renewal fee. |
| Transfer Fee | 30% of the then current initial franchise fee or 5% of the sales price, whichever is greater |
| Transfer Conditions | Franchisor's consent is conditioned upon: franchisee's compliance with Section 19; all obligations owed to franchisor and related to the business are fully paid; franchisee (and transferring owners) execute a general release (subject to state law); prospective transferee meets franchisor’s management, business, and financial standards; transferee and all persons owning interest in transferee execute the then-current franchise agreement; transferee executes a general release; franchisee provides copies of all transfer-related contracts; transfer fee is paid; transferee and owners agree to be personally bound by all provisions of the Agreement; transferee obtains all necessary third-party consents and approvals; franchisee and equity owners execute a nondisclosure and non-competition agreement; and transferee completes initial training. |
| Termination for Cause | Franchisor has the right to terminate without opportunity to cure if franchisee: fails to timely establish, equip, and commence operations; fails to satisfactorily complete training; fails to maintain required licenses/permits for >5 business days; makes material misrepresentation/omission; is convicted of/pleads no contest to a felony or crime adversely affecting reputation; fails to refrain from adverse activities after notice to cure; discloses/uses confidential information unauthorized; fails to have required individuals sign non-compete agreements; abandons business for >5 consecutive days; surrenders/transfers control without approval; fails to maintain business under approved manager after death/incapacity; submits reports understating Royalty Fee by >2% on 2+ occasions; becomes insolvent; misuses/unauthorized use of Marks; fails to submit reports/pay fees on 2+ occasions within 12 months; violates health/safety law on 2+ occasions; engages in exclusively reserved franchisor activity; fails to comply with applicable law/regulation within 10 days of notice; breaches agreement 3 times in 12 months; defaults under other agreements with franchisor/affiliate; performs targeted marketing in other territories; fails to refer business opportunities. For other defaults, a cure period of 5, 10, or 30 days applies depending on the nature of the default. |
| Non-Compete Period | 2 years after termination or expiration |
| Non-Compete Details | During the term of the Agreement and for two (2) years after its expiration or termination, neither the Franchisee, its owners, officers, directors, executives, managers, professional staff, nor employees shall directly or indirectly: (a) offer Competitive Business services within a twenty-five (25) mile radius of the Franchised Business or any other Talkin’ Tacos Business or franchisor-owned business; (b) solicit or attempt to induce any customer or business associate of Franchisor to terminate or modify their relationship with Franchisor or compete against Franchisor; or (c) engage in any act injurious or prejudicial to the goodwill associated with the Marks or the System. Franchisor may require certain individuals to execute standard nondisclosure and non-competition agreements. |
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. While you have the right to select any Designated Manager, we retain the right to accept or reject any proposed individual or entity as the Designated Manager. You will be responsible for the compensation to any individual or entity you contract to act as the Designated Manager of the Business. You have the sole legal responsibility for any dispute relating to such individual or entity. We maintain the right to require any approved Designated Manager to attend and satisfactorily complete our initial training program before opening the Business. You must keep us informed at all times of the identity of your Designated Manager. If you must replace the Designated Manager, your replacement Manager must be approved by us within 60 days, such approval not to be unreasonably withheld – we may additionally require such replacement Designated Manager to attend and complete our training program at your expense. If the Franchisee is an entity, its Designated Manager is not required to own an equity interest in the Franchisee. |
| Required Suppliers | You must use advertising material from us, a vendor that we designate, or we must approve the advertising in writing, prior to its use. 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 from approved or required vendors. |
| Supply Restrictions | We do not maintain written criteria for approving suppliers and thus these criteria are not available to you or your proposed supplier. We do permit you to contract with alternative suppliers if approved by us and they meet our criteria. We charge any costs incurred, up to $1,000, to test another supplier that you propose. If you wish to propose to us another supplier, you may submit the proposed supplier that you wish for us to consider in writing. Your request must include sufficient specifications, photographs, drawings and other information and samples to enable us to determine whether supplier meets our specifications. Your request must also provide confirmation that the supplier is financially sound and carries adequate liability insurance. We will examine the quality of the items and the supplier’s ability to supply a sufficient quantity in a timely way with good customer service to determine whether to consider adding the supplier to our list of approved vendors. We will notify you within 30 days if we approve or disapprove of an alternative supplier. If we revoke approval for a supplier, we will provide written notice to you. |
| Franchisor Revenue from Suppliers | We may, but do not currently, derive revenue or other material consideration from required purchases or leases by you. Our affiliate does not earn revenue or other material consideration from required franchisee purchases or leases. In our last fiscal year ending December 31, 2024, we did not earn revenue or other material consideration from required purchases or leases by franchisees. Designated suppliers may make payments to us from franchisee purchases. In the fiscal year ended December 31, 2024, we received supplier rebates. |
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 Virginia Franchise Earnings — Item 19
Average Revenue
$3.5M
Revenue Range
$2.4M – $5.4M
Sample Size
9 units
Past financial performance does not guarantee future results. Individual results will vary.
Talkin Tacos Virginia Litigation & Risk Flags
Clean Litigation RecordTalkin Tacos Virginia 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.
Talkin Tacos Virginia System Growth
Total Units
14
Franchised
3
Company-Owned
11
Talkin Tacos Virginia currently operates 3 franchised locations and 11 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2022 | 1 | 0 | 3 |
| 2023 | 6 | 0 | 9 |
| 2024 | 5 | 0 | 14 |
Transfers: 0 | Closures: 0
State Registrations
Registered in 14 states: CA, HI, IL, IN, MD, MI, MN, NY, ND, RI, SD, VA, WA, WI
Franchisor Financials (Item 21)
Revenue
$1.0M
Net Income
$1.0M
Total Assets
$1.3M
Audited by NAPER CPA GROUP for year ending December 31, 2024.
Talkin Tacos Virginia Franchise — FAQ
The total investment to open a Talkin Tacos Virginia franchise ranges from $287,000 to $994,000, per their Franchise Disclosure Document. This includes the initial franchise fee of $45,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Talkin Tacos Virginia charges a royalty fee of 7% of Gross Revenues of gross sales, plus a 3% of Gross Revenues (Creative Fund Contribution) and 1% of Gross Revenues (Local Advertising) contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Talkin Tacos Virginia 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 Talkin Tacos Virginia to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Talkin Tacos Virginia franchise owners report average revenue of $3.5M. This is based on a sample of 9 units. Past performance does not guarantee future results.
Talkin Tacos Virginia has been franchising since 2022. The FDD shows an investment range of $287,000-$994,000, a 7% of Gross Revenues royalty, and includes an 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 $45,000 and the total investment ranges from $287,000 to $994,000 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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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 Talkin Tacos Virginia and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Talkin Tacos Virginia or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com