FranchiseVerdict
Cilantro Taco Grill logo
FV-00540·MODERATEExcellent91

Cilantro Taco Grill

Food & Beverage - Full ServiceFranchising since 2023Website
Investment
$273K – $731K
30th pct Full Service
Avg revenue
$1.4M
30th pct Full Service
Royalty
6.0%
54th pct Full Service
Units
15
49th pct Full Service
SBA default

Bottom line

  • Total investment $273K – $731K including a $35K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $1.4M/year (median $1.1M).
  • Rated MODERATE with a risk score of 60/100.
  • Emerging franchise — only 3 years of franchising with 15 units. Early-stage systems carry higher risk but may offer better territory availability.

Item 1 · who you're contracting with

The Franchisor

Legal entity
CTG Franchise LLC
Incorporated in
Illinois
HQ
80 West Lake Street, Northlake, Illinois 60164
Auditor
DA Advisory Group PLLC
Audited financials
Franchisor revenue
$0
vs $0 prior 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 Cilantro Taco Grill unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $1,441,657
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: $273K–$731K
Working capital
$
FDD reports $25K–$100K

Unlevered ROIC · per unit

38%

In Yale's "attractive" band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$216K
EBITDA margin
15.0%
Total invested
$564K
Payback
31 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 Cilantro Taco Grill units return on equity?

Edit assumptions

Equity IRR · 5-yr

42.2%

5.81× MOIC

Year-1 DSCR

2.05×

EBITDA ÷ debt service

Equity required

$3.1M

on $11.5M purchase

Total debt

$8.5M

SBA $5.0M + senior + seller note

SBA 7(a) request ($5.8M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate quick-service taco and Mexican grill restaurants, managing daily food preparation, staffing, inventory, customer service, and point-of-sale operations. They source ingredients, maintain health/safety compliance, execute marketing in their territory, and handle local P&L responsibility while adhering to corporate brand standards and paying 6% weekly royalties.

CEO
Cuahutémoc Morfin
Founded
2022
FDD year
2024
States available
1

Item 7 · what it costs

The Vitals

Total investment
$273K – $731K
All-in to open one unit
Liquid capital
$25K – $100K
Cash you must have on hand
Franchise fee
$35K
Royalty
6.0%
Gross Revenue · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$1.4M
Per unit, per year
Median gross sales
$1.1M
Item 19 type
Actual
Sample size
13 units
vs category median 15
Range (low → high)
$808K$2.7M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank30th
vs Food & Beverage - Full Service peers
Investment cost rank30th
Lower investment ranks lower (better)
Royalty rate rank54th
Lower royalty = lower percentile (better)
Unit count rank49th
vs Food & Beverage - Full Service peers
Risk score rank40th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
15
Opened
2
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
15
Corporate units in the system
% franchised
0%
vs corporate-owned
2022
0+2
Franchised units
2023
0
Franchised units
2024
0
Franchised units

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

Item 20 · 16 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 · 16 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.

No SBA loan data available for this brand.

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

Risk & Legal

60
Risk · 0-100
MODERATE60 / 100

Material financial transparency gaps, franchisor stability concerns, and a stagnant franchise system with unclear unit profitability make this a high-caution investment requiring deep validation before commitment.

Score breakdown · what drove the 60 / 100 rating

  1. 01MINORNo net income disclosure (Item 19) prevents ROI validation and profitability assessment
  2. 02HIGHGoing Concern flag is FALSE, indicating potential financial instability at franchisor level
  3. 03MEDOnly 15 units with unknown growth trajectory suggests limited system expansion and possibly stagnant or declining franchise
  4. 04MINORWide investment range ($273K-$730K) indicates inconsistent unit economics or location-dependent performance
  5. 05MINOR6% royalty on gross revenue (not net) creates ongoing cash drain regardless of profitability

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
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
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Illinois

Item 11

Training & Operations

Classroom training
16 hrs
On-the-job training
110 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

16 numbers

Locked
(360) 902-••••
WA
(701) 328-••••
ND
(605) 773-••••
SD

One-time purchase · CSV download · Validation questions included

FDD download

Cilantro Taco Grill · FDD (2024) PDF

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