Fuddruckers vs Mike’s Red Tacos
Franchise Comparison 2026
Both Fuddruckers and Mike’s Red Tacos are full-service restaurants franchises. Fuddruckers requires an investment of $625K – $2.0M while Mike’s Red Tacos requires $640K – $2.0M. Fuddruckers has SBA lending data on file with a 31.4% charge-off rate. FranchiseVerdict rates Fuddruckers F (Bottom Quintile) and Mike’s Red Tacos A (Top Quintile).
| Metric | Fuddruckers | Mike’s Red Tacos |
|---|---|---|
| Verdict Grade | FBottom QuintileBottom Quintile | ATop QuintileTop Quintile |
| Investment Range | $625K – $2.0M | $640K – $2.0M |
| Franchise Fee | $45K | $40K |
| Royalty Rate | 5.5% | 5.0% |
| Average Revenue (Item 19) | N/A | N/A |
| SBA Charge-Off Rate | 31.4% (36 loans) | N/A |
| Total Units | 50 | 2 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 2025 |
| FDD Year | 2026 | 2025 |
Investment Range
$625K – $2.0M
$640K – $2.0M
Franchise Fee
$45K
$40K
Royalty Rate
5.5%
5.0%
Average Revenue (Item 19)
N/A
N/A
SBA Charge-Off Rate
31.4% (36 loans)
N/A
Total Units
50
2
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
2025
FDD Year
2026
2025