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Frequently Asked Questions

what experience do I need?

Ideally, you’ve owned or operated your own business in the past, but it’s not a requirement to become a franchisee. Other valuable qualifications include: restaurant or service industry experience, being a self-starter, and an entrepreneurial mindset.

how much does it cost?

The total investment to open a new Pancheros is $680,500 – $1,387,500. Our low costs of entry are the result of a business model that is designed to help entrepreneurs thrive. Pancheros has a real estate team dedicated to helping entrepreneurs secure prime locations, offers industry-leading support, and invests significantly in new technology to help franchisees keep ongoing costs low.

what is the franchise fee and royalty structure?

The initial franchising fee is $30,000. After opening, we collect 5% of sales for royalties.

what do i get for my franchise fee?

As a Pancheros franchisee, you’ll have the support of an established, rapidly growing brand behind you. We focus on helping entrepreneurs thrive in business, and our franchise owners have access to an immersive initial training platform, ongoing personalized training, extensive marketing support, and more to help their businesses grow and prosper.

is financing available?

No, not at this time.

are there ongoing fees?

The investment and expenditures required of actual franchisees may vary considerably from the projections we provide. They depend on many factors, including geographical area, the amount of space leased, and the business capabilities of any particular management and service team.

Unless otherwise specified, you will incur the expenses described in our Franchise Fee Overview chart, except for the real estate lease and utility deposits, which are imposed and collected by third parties. These may be refundable if permitted by the third party. 

are there marketing fees?

The initial grand opening marketing campaign ranges from $30,000 to $50,000. After opening, we collect 2% of sales for the National Advertising Fund, while restaurants are required to spend an additional 3% of sales locally in their markets on additional marketing and advertising.

what markets are available?

While the majority of our restaurants are located in Iowa and around the Midwest, we are rapidly expanding into new territories and looking for people like you to help us get there.

We are not currently looking to expand in California, Oregon, and Washington.

can i own more than one Pancheros Restaurant?

Yes! In fact, many of our franchisees who start with one restaurant discover that their passion grows along with the financial upsides and choose to open one or more locations.

how do i get started?

As a reminder, we require $500,000 liquid capital and $1M net worth to franchise. To connect with our team and learn more, please fill out and submit our request form. From there, a team member will be in touch ASAP to discuss the opportunity and explain the next steps, which you can also review here.