Navigate quickly
Taco Palace
Taco Palace began in 1985 when Larry Faria developed a partnership with an experienced Taco Bell store opener and trainer. Larry pulled together information from several national franchises, but was not satisfied with the majority of their ideas and restrictions. He found most of them to be over-priced, too restrictive, and to require construction and startup costs that would sink franchisees in debt for many years. A new and unique franchise concept was created with "Low Overhead", "Low Royalty Fees", "Protected Territories", and "People Helping People". The restaurant specializes in Mexican food and offers pizzas and burgers with a Mexican touch as well.
Facts & figures
To open a location, you should have $69,000 available as liquid capital. The franchise expects its new franchisees to have a net worth of at least $50,000. $132,000 is the minimum that someone opening a location should expect to invest. $170,000 is the maximum that someone opening a location should expect to invest. The franchise fee to open a Taco Palace unit is $33,500. There is currently a total of 10 units in operation.
Connect With Us
