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| Brand | Mike’s Red Tacos Full-Service Restaurants Remove | KPOT Hot Pot & Barbecue Full-Service Restaurants Remove |
|---|---|---|
| Vitals | ||
Investment range | $640K – $2.0M | $733K – $1.9M |
Liquid capital | $16K – $48K | $75K – $150K |
Franchise fee | $40K | $50K |
Royalty rate | 5.0% | 5.0% |
Ad fund rate | 3.0% | N/A |
| Performance | ||
Avg gross sales | N/A | 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 | 39 / 100 | 44 / 100 |
SBA charge-off rate | N/A | N/A |
SBA loans on record | N/A | N/A |
| Scale | ||
Total units | 2 | 54 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 0.0% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 20 |
Renewal term (years) | 10 | 10 |
Initial training (hrs) | 290 | 61 |
| Contacts | ||
Franchisee phones | 13 | 16 |
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