FranchiseVerdict
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FV-00455·STRONGExcellent95

Capital Tacos

Food & Beverage - Full ServiceFranchising since 2022Website
Investment
$129K – $428K
9th pct Full Service
Avg revenue
$1.5M
31st pct Full Service
Royalty
6.0%
54th pct Full Service
Units
8
36th pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $129K – $428K including a $49K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.5M/year (median $1.5M). Estimated payback in 1.0 years.
  • Rated STRONG with a risk score of 54/100. SBA loan default rate of 0.0% across 14 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
KJ-Licensing, LLC
Parent company
Capital Tacos Holdings, LLC
Incorporated in
Florida
HQ
23110 SR 54 #139, Lutz, Florida 22549
Auditor
Kezos & Dunlavy
Audited financials
Franchisor revenue
$427K
Most recent fiscal year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Capital Tacos unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,489,367
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $129K–$428K
Working capital
$
FDD reports $15K–$40K

Unlevered ROIC · per unit

71%

Above typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$216K
EBITDA margin
14.5%
Total invested
$306K
Payback
17 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Capital Tacos units return on equity?

Edit assumptions

Equity IRR · 5-yr

43.6%

6.10× MOIC

Year-1 DSCR

2.01×

EBITDA ÷ debt service

Equity required

$2.8M

on $11.2M purchase

Total debt

$8.4M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.6M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Capital Tacos franchisees operate quick-service taco restaurants, managing food preparation, inventory, staffing, and customer service in a counter-service model. Day-to-day operations involve managing COGS (typically 28–35% in QSR), labor scheduling, maintaining food safety standards, and driving local marketing to meet the $1.49M average revenue benchmark.

CEO
James Marcus
Founded
2018
FDD year
2023
States available
1

Item 7 · what it costs

The Vitals

Total investment
$129K – $428K
All-in to open one unit
Liquid capital
$15K – $40K
Cash you must have on hand
Franchise fee
$49K
Royalty
6.0%
percentage of gross sales · typical 6–8%
Ad fund
2.5%
typical 3–5%
Total fee load
8.5%
vs 9–13% typical
Payback period
1.0 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$1.5M
Per unit, per year
Median gross sales
$1.5M
Item 19 type
Historical
Sample size
4 units
vs category median 15 · small
Range (low → high)
$1.2M$1.8M
Cohort dispersion
Transparency
10 / 5
vs category median 4 / 5 · above
Revenue rank31th
vs Food & Beverage - Full Service peers
Investment cost rank9th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank36th
vs Food & Beverage - Full Service peers
Risk score rank26th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
8
Opened
1
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
7
Corporate units in the system
% franchised
13%
vs corporate-owned
2021
1+1
Franchised units
2022
0
Franchised units
2023
0
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 23 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 23 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
14
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

54
Risk · 0-100
STRONG54 / 100

Small, stagnant franchise system with undisclosed financial performance data, franchisor stability concerns, and unverified unit economics creates moderate-to-high risk despite protected territories and no litigation.

Score breakdown · what drove the 54 / 100 rating

  1. 01MINOROnly 8 units with unknown growth trajectory suggests stagnant or shrinking system
  2. 02HIGHGoing Concern = False indicates potential financial instability or viability questions at franchisor level
  3. 03MEDNo Item 19 (Financial Performance Representations) disclosed — cannot validate if $291k average net income is achievable
  4. 04MINORWide investment range ($129k–$427k) suggests inconsistent buildout costs or hidden variables
  5. 05MINOR6% royalty on $1.49M average revenue = $89,400/year in fees — sustainability unclear at lower-performing units

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius/Population
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
Florida

Item 11

Training & Operations

Classroom training
52 hrs
On-the-job training
88 hrs

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

31 numbers

Locked
(217) 782-••••
IL
(727) 645-••••
FL
(512) 475-••••
TX

One-time purchase · CSV download · Validation questions included

FDD download

Capital Tacos · FDD (2023) PDF

Single-page checkout · instant download · CSV export of contacts available separately above