DOS COYOTES border café vs First Watch
Franchise Comparison 2026
Both DOS COYOTES border café and First Watch are full-service restaurants franchises. DOS COYOTES border café requires an investment of $1.5M – $1.8M while First Watch requires $1.2M – $2.0M. DOS COYOTES border café discloses average revenue of $2.3M; First Watch does not report Item 19 data. First Watch has SBA lending data on file with a 0.0% charge-off rate. FranchiseVerdict rates DOS COYOTES border café A (Top Quintile) and First Watch A (Top Quintile).
| Metric | DOS COYOTES border café | First Watch |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $1.5M – $1.8M | $1.2M – $2.0M |
| Franchise Fee | $40K | $40K |
| Royalty Rate | 5.0% | 4.0% |
| Average Revenue (Item 19) | $2.3M | N/A |
| SBA Charge-Off Rate | N/A | 0.0% (12 loans) |
| Total Units | 11 | 474 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2013 | 2008 |
| FDD Year | 2025 | 2023 |
Investment Range
$1.5M – $1.8M
$1.2M – $2.0M
Franchise Fee
$40K
$40K
Royalty Rate
5.0%
4.0%
Average Revenue (Item 19)
$2.3M
N/A
SBA Charge-Off Rate
N/A
0.0% (12 loans)
Total Units
11
474
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2013
2008
FDD Year
2025
2023