First Watch vs DOS COYOTES border café
Franchise Comparison 2026
Both First Watch and DOS COYOTES border café are full-service restaurants franchises. First Watch requires an investment of $1.2M – $2.0M while DOS COYOTES border café requires $1.5M – $1.8M. 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 First Watch A (Top Quintile) and DOS COYOTES border café A (Top Quintile).
| Metric | First Watch | DOS COYOTES border café |
|---|---|---|
| Verdict Grade | ATop QuintileTop Quintile | ATop QuintileTop Quintile |
| Investment Range | $1.2M – $2.0M | $1.5M – $1.8M |
| Franchise Fee | $40K | $40K |
| Royalty Rate | 4.0% | 5.0% |
| Average Revenue (Item 19) | N/A | $2.3M |
| SBA Charge-Off Rate | 0.0% (12 loans) | N/A |
| Total Units | 474 | 11 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2008 | 2013 |
| FDD Year | 2023 | 2025 |
Investment Range
$1.2M – $2.0M
$1.5M – $1.8M
Franchise Fee
$40K
$40K
Royalty Rate
4.0%
5.0%
Average Revenue (Item 19)
N/A
$2.3M
SBA Charge-Off Rate
0.0% (12 loans)
N/A
Total Units
474
11
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2008
2013
FDD Year
2023
2025