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| Brand | Giordano’s® Restaurants Full-Service Restaurants Remove | Mike’s Red Tacos Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $609K – $2.1M | $640K – $2.0M |
Liquid capital | $5K – $30K | $16K – $48K |
Franchise fee | $40K | $40K |
Royalty rate | 6.0% | 5.0% |
Ad fund rate | 2.0% | 3.0% |
| Performance | ||
Avg gross sales | $7.6M | N/A |
Median gross sales | N/A | N/A |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | ATop Quintile | ATop Quintile |
Risk score | 23 / 100 | 39 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | 16 | N/A |
| Scale | ||
Total units | 60 | 2 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 3.3% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 10 |
Renewal term (years) | 5 | 10 |
Initial training (hrs) | 320 | 290 |
| Contacts | ||
Franchisee phones | 37 | 13 |
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