What Are My Estimated Start-up Costs?
A Mucho Burrito franchise is an affordable and innovative opportunity
What could be better than getting in on the ground floor of an amazing opportunity? That’s what’s in store for Mucho Burrito franchise owners in the United States, where the brand debuted in 2019. Be the first to market with a unique, Mexican-inspired menu of fresh, flavorful food — the kind consumers are demanding.
As a Mucho Burrito franchise owner, you’ll be plugged into the experienced support offered by MTY Food Group and Kahala Brands, franchisors of more than 70 brands, including global giants such as Cold Stone Creamery®, with more than 6,000 franchised locations in roughly 35 countries.
So, what does launching a Mucho Burrito cost? Here’s a breakdown of your expected start-up expenses:
|Type of Expenditure||Amount||Method of Payment||When Due||To Whom Payment is to be Made|
|Initial Franchise Fee||$30,000||Lump Sum||Upon execution of Franchise Agreement||Us|
|Travel and Living Expenses||$1,000 - $6,000||As incurred||As incurred during training||Airline, hotel, restaurants, transportation|
|Lease deposit plus three months' rent||$12,500 - $20,000||Lump Sum||At signing of lease||Landlord|
|Lease Review Fee (Optional)||$0 - $2,500||Lump Sum||At Signing of Franchise Agreement||Us|
|Leasehold Improvements||$150,000 - $262,000||Will vary||As incurred before restaurant opening||Us or contractors|
|Equipment and Furniture||$108,00 - $172,000||Will vary||As incurred before restaurant opening||Us or Suppliers|
|Freight Charges||$500 - $8,500||Will vary||As incurred before restaurant opening||Us or Suppliers|
|Signage||$7,000 - $20,000||Will vary||As incurred before restaurant opening||Us or Suppliers|
|Architectural Design and Engineering Fee||$7,000 - $17,000||As Incurred||After signing the Offer to Lease||Landlord or contractor|
|Grand Opening||$10,000||As Incurred||Earlier of; prior to execution of a lease or prior to construction of premise||Us|
|Opening inventory||$7,000 - $8,500||As Incurred||Before restaurant opening||Food Distributors|
|Miscellaneous expenses: deposits, permits and licenses, professional fees, etc||$1,000 - $5,000||As Incurred||As Agreed||Suppliers, utilities, government agencies, attorneys, and consultants|
|Software, hardware, and POS system||$5,000 - $10,000||As needed||As Incurred||Suppliers|
|Security system (excluding monitoring costs)||Up to - $3,000||As Incurred||As Agreed||Suppliers|
|Insurance||$1,500 -$3,500||Lump sum or as agreed||As Agreed||Insurance company|
|Additional Funds - First 2 months||$20,000 - $80,000||As Incurred||Varied Times||Suppliers|
|Uniforms||$500 - $1,500||As Incurred||One week after Restaurant opens||Us, suppliers, third parties and/or vendors|
|TOTAL||$361,000 - $659,500|