Why TacoTime Can Be a Best-bet Investment for Women Entrepreneurs
The wildly popular Mexican food franchise is a low-cost investment opportunity with a business model designed for growth
There’s no better time to tap women entrepreneurs to join the TacoTime™ Mexican food franchise family than Women’s National History Month. Now, more than ever, women entrepreneurs are making their mark – and the growing prevalence of women entrepreneurs hasn’t happened by accident.
According to a report by the International Franchise Association in 2017, 30.6% of franchise businesses are women-owned, up from 20.5% over the five years previous. This data comes as good news as more women are looking to become business owners without having to start from scratch, per the report.
Enter TacoTime. Our thriving Mexican food franchise has grown to 250 locations in the United States and Canada by successfully serving up what Americans haven’t gotten enough of since our founding in 1960: Mexican food made with the freshest ingredients and the highest-quality meat.
For the past 60 years, we have remained true to our brand promise – fresh, real ingredients make better food – and have earned a cult-like following of loyal customers along the way who love our food. Our secret is serving affordable Mexican food with only the freshest ingredients. At TacoTime, it’s all about the difference you can taste. This is why we offer an assortment of customizable tacos, burritos, salads, nachos and quesadillas.
“The key difference with TacoTime is our taste profile,” says Kevin Gingrich, Brand President of TacoTime and owner of several TacoTime franchise locations in Utah. “It tastes good because of the seasonings that we have, which are proprietary spice blends created for TacoTime. But our bigger unique factor is how many items we make in-house. From our hand-rolled Crisp Burritos, to making the taco shells, which most people don’t even know that we do, to the array of other items that are made in-house, we do it all from scratch. We make our own salsas and cook our own taco meat every two hours. The norm in the QSR space is where brands bring in products through the back door, maybe reheat it or just pour it out of a bag. We don’t do that. We cook it in-house, and that’s why it tastes better.”
What Makes TacoTime a Wise Investment?
As a TacoTime franchise owner, you will quickly see that you will never be alone in business. Our Mexican food franchise is committed to helping our franchise owners thrive over the long-term. This starts with our low-cost investment, which is unmatched in the overcrowded QSR industry. The initial TacoTime franchise cost estimates range from $331,150 – $636,800 (See 2020 FDD for full details). The franchise fee for your first traditional TacoTime franchise is $30,000, and the franchise fee for multiple units may be discounted if certain criteria are met. Because our buildout costs are substantially lower than other brands in the Mexican QSR space, TacoTime offers a quicker ramp up time to allow for a potentially faster return on investment.
Additionally, TacoTime is led by the vision of industry-leading parent company Kahala Brands™, one of the fastest-growing franchise companies in the world. Because of this powerhouse support, our proven business model is easy to run and simple to scale. How so? Kahala achieves synergies and cost savings for our franchise community by bundling “back of the house” functions, where the entire franchise community benefits from shared teams in purchasing, real estate, finance, business training and more.
Moreover, our rapidly expanding Mexican food franchise offers franchise owners world-class training and ongoing support. Our comprehensive training platform includes everything from how to manage every aspect of your business, such as correctly preparing and serving the TacoTime products to your customers, to managing inventory, to operating your point of sale system and growing your business.
With 250 locations in the United states and Canada, our Mexican food franchise is rapidly expanding. This is why we are looking for savvy entrepreneurs who are passionate about bringing a premier Mexican food experience to their communities. We have the proven business model, and the efficient systems and processes in place – all we’re missing is you.
“Taking the bull by the horns and buying our first TacoTime restaurant is a decision I would make again.” says Denise Stanley, co-owner of several TacoTime franchises in Wyoming. “This is a brand that truly listens to their franchise owners. We have input on nearly everything – from national marketing strategies to new menu items. The camaraderie we have with other franchise owners is much different than what I have heard from my friends in other franchise systems. We tackle everything together.”