Pancheros franchise

Pancheros Mexican Grill

Business Opportunity

Our proven business model, simple menu, industry-leading training, and loyal customer base mean you could own a from-scratch restaurant without starting from scratch. If you’re looking for a chance to put your entrepreneurial spirit to work, a Pancheros franchise could be the perfect fit.

Average Unit Volume* keeps trending up. And this isn’t just our top 25% of restaurants.

2020

$1.17M

AUV

2021

$1.36M

AUV

2022

$1.44M

AUV

2023

$1.56M

AUV

Average sales volume of all 67 restaurants in operation for three full calendar years from 2021 to 2023 as reported in Item 19 of our 2024 Franchise Disclosure Document.
There is no guarantee you will make as much.

With 70+ locations in 13 states and growing, we’re expanding across the country with several more new market openings planned in the near future.

Existing

Available

Future

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UNAVAILABLE

Existing

Available

Future

Sold Out

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Unavailable

Available Markets
Pancheros Franchise overview

$500,000 Liquid Capital

$1M Net Worth

$30,000 Franchise Fee

See What It Takes
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Our customer base and loyalty members grow every day, increasing app orders and generating strong traffic in-restaurant, in-app, and online.


loyalty members and growing!
(As of Q1 2024)


loyalty participation rate.
Fast-casual benchmark: 10.5%
(As of Q1 2024)


of sales are digital.
(As of Q1 2024)

Pancheros humble beginnings

It wasn’t long after we opened our very first restaurant back in 1992 in the college town of Iowa City, Iowa, that Pancheros became a local favorite. Since then, we’ve been busy expanding, evolving, and bringing our unique take on fresh, fast-casual Mexican food to new markets in Iowa and beyond. Our focus has remained on simplicity, hardworking Midwestern values, and an exceptional customer experience every single time—a recipe that’s earned us a loyal fan base.

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