Today 29 November
Updated 17 april 2020

Franchise Margaritas

Investments

$1,182,000

Franchise fee

$30,000

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Short information

$1,182,000

$1,182,000

Investments

$2,500,000

$2,500,000

Minimum Cash

12

12

Wishing to buy

1986

1986

Year Brand Started

19

19

Offices

2009

2009

Year Franchising Started

Franchise Margaritas

Investments

$1,182,000

Offices

19

Franchise Fee

30000

Short information

1986

Year Brand Started

2009

Year Franchising Started

About Franchise

People are traveling less today, but still looking for that authentic travel experience. Welcome to Tio Juan’s Margaritas Mexican Restaurant and Watering Hole – The Most Exciting Mexican Restaurant North of Guadalajara!

Founder John Pelletier summarizes the Margarita’s experience this way:  “Margaritas Mexican Restaurants are as close as you’ll come to vacationing south of the border, without getting on a plane.” Already known as the coolest place in town throughout New England for almost 24 years, Margaritas Mexican Restaurant is now offering entrepreneurs an opportunity to serve up the world’s best margarita!

It’s family place, it’s a bar, it’s a fun, casual hang out with great authentic food. Customers of all ages enjoy the entertaining and authentic Mexican atmosphere: rich flavors, traditional dishes, color, food, art, music and the best margaritas you’ve ever tasted.

Franchise Margaritas

Since its founding in 1986, Margaritas has grown to 19 locations in Massachusetts, New Hampshire, Maine and Connecticut. Offering authentic, made from scratch Mexican cuisine, each Margaritas restaurant is also a gallery of hand-crafted Mexican artwork. Margaritas’ success in the casual dining restaurant industry is built on simple principles:

  • High standards
  • Strategic site location
  • Memorable guest hospitality
  • The best tasting margaritas on the planet 

Franchise Margaritas

Margaritas has outpaced competitors in the casual dining segment, demonstrating solid unit-level economics fueled by a $2.3 million average unit sales volume, a beverage-to-food sales ratio of 45 percent and a 21.6 percent EBITDAR, among the highest in the full service casual dining industry.

Margaritas Mexican Restaurants specialize in converting existing restaurants. This method keeps building costs down and ensures that each unit will be will be unique in design and layout. New unit builds are also an option. Our expansion plans focus on multi-unit development agreements, which can include restaurant conversions.

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Finance Information

Investments: $1,182,000 – $1,454,000

Franchise fee: $30,000

Royalty fee: 4%

Minimum Cash: $2,500,000

Net Worth: $3,000,000

Training and Support

Franchisees enjoy tremendous support for their multi-unit development.

Beyond menu, drink and décor selection, franchisee support includes:

  • Marketing: Menus, direct mail programs, promotional materials

  • Purchasing: How to set up the optimal distribution system based on national purchasing program

  • Real Estate: We advise and counsel on site selection, development, design and construction

  • Training: Management and new restaurant training, workshops and seminars, annual meeting

The extensive training for the franchisee’s operating principal and management team puts you on-the-job and ensures you will understand every aspect of running your Tio Juan’s Margaritas Franchise effectively.

In addition, we assign a New Restaurant Opening team to help you hire and train managers and staff. A Franchise Business Consultant (FBC) will also be on hand to help you through the first several days of your grand opening. The FBC continues to support you in optimizing profits and opening new locations.

Partner Requirements

Many prime locations are available, including international opportunities. Our ideal franchisee candidate has knowledge of the local community and regulations, experience with real estate, labor and distribution issues, and a dedication to high standards and excellent service.

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Training

Yes

Business Type

Franchise

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