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Bubbakoo's Burritos franchise

2023 filing · April 21, 2023GrowingShares sales figures

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Bubbakoo's Burritos at a glance

A fast-casual restaurant serving burritos, bowls, tacos and other Mexican-inspired dishes made to order. At the end of 2022 there were 98 Bubbakoo's Burritos locations in the US, 86 franchised and 12 company-owned.

The business

Industry
Mexican food
Also listed in fast food, restaurant and food
Franchisor
Bubbakoo's Franchise Systems, LLC
The company that sells the franchises
Who runs it
Manager
A trained manager can run it day to day
Franchising since
2015
8 years of selling franchises
Franchisor based in
Wall, New Jersey

What you pay

Cost to open
$331K–$700K
Fee, build-out and opening working capital
Franchise fee
$35,000
Paid once, when you sign
Royalty
6%
6% of gross sales, paid weekly
Brand fund
2%
2% of gross sales, paid weekly; it can rise to 3%
Renewal fee
$5,000
When the agreement ends and you sign again
Agreement length
10 years
Franchisor financing
None offered
SBA Franchise Directory
Listed
SBA-backed loans are possible

Where it is

US locations, 2022
98
Franchised and company-owned
Franchised
86
Company-owned
12
Change in 2 years
+63
Franchised locations, 2020–2022
States
16
Most in New Jersey, Florida and New York

Support and records

Shares sales figures
Yes
$932K average per location
Initial training
250 hours
30 hours in class and 220 on the job
SBA loans approved
25
2020–2026
Lawsuits disclosed
None
Bankruptcy disclosed
None
Franchisor revenue, 2022
$4.8M
The company, not one location
Franchisor net loss
$37K
Latest filing
Apr 21, 2023
2023 filing

From Bubbakoo's Franchise Systems, LLC’s 2023 filing; revenue and net loss from its audited financial statements, page 166; SBA status from the SBA Franchise Directory, October 28, 2026.

Franchisor revenue is the company that sells the franchises (royalties, fees and anything else it earns), not what a location makes.

Where it ranks

Bubbakoo's Burritos among all franchises with the same figure.

FigureBubbakoo's BurritosAmong all franchises
Cost to open, midpointHalfway between the low and high estimate$515,500Costs more than 65% of franchises
Franchise feePaid once, when you sign$35,000Lower than 61% of franchises
RoyaltyShare of sales paid to the franchisor6%Higher than 35% of brands with a set rate
US locationsFranchised and company-owned98More than 76% of franchises
Sales per locationYearly, as the brand reports it$932,042Higher than 59% of brands that share sales figures
Sales against cost to openYearly sales over the cost midpoint1.8×Higher than 58% of brands that share sales figures

How much a Bubbakoo's Burritos franchise costs

Opening one Bubbakoo's Burritos costs an estimated $331,000 to $700,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.

The biggest costs are leasehold improvements ($150,000 to $360,000) and equipment ($75,000 to $103,000). Here is every line of the estimate as filed:

What it pays forRangeLowHigh
Initial Franchise Fee$35,000
Training Expenses$5,000$10,000
Utility and Security Deposits$1,000$10,000
Insurance Premiums$1,000$8,000
Business Permits and Licenses$3,000$20,000
Rent (3 months)$12,000$25,000
Design and Architectural Fees$5,000$15,000
Leasehold Improvements$150,000$360,000
Interior Brand Design Package$5,000$10,000
Signage$5,000$35,000
Furniture and Fixtures$5,000$10,000
Equipment$75,000$103,000
Initial Inventory$6,000$12,000
Grand Opening Advertising$5,000
POS/Back Office System$2,000$5,000
Professional Fees$1,000$7,000
Additional Funds (3 Months)$15,000$30,000
Total$331,000$700,000

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, page 19

Bubbakoo's Burritos franchise fee

The franchise fee is $35,000. You pay it when you sign the franchise agreement.

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, page 13

Royalty and ongoing fees

Royalty6% of gross sales, paid weekly.
Brand or marketing fund2% of gross sales, paid weekly; it can rise to 3%.
Renewal Fee$5,000
Additional/Refresher Training$250/day per trainee, plus expenses

The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, page 14

Other fees as filed, from pages 15–16. The filing lists every fee, including late fees and audit costs.

Sales and earnings

Shares figures Bubbakoo's Burritos publishes sales or earnings figures for its locations. The full tables, with notes on which locations are counted, are in its filing.

Average sales
$932,042
Median sales
$807,389

Yearly figures for 2022, covering franchised restaurants open all of 2022 (48 locations). The average is about 1.8 times the midpoint of the cost to open.

Sales are what a location takes in before rent, payroll, royalties and other costs, not what its owner keeps.

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, pages 56–59

SBA loans to Bubbakoo's Burritos franchisees

Lenders approved 25 SBA 7(a) loans for Bubbakoo's Burritos franchisees from 2020 to 2026, $11.2M in all. One has been paid in full; none was charged off. The other 24 haven’t ended yet.

A charged-off loan is one written off as uncollectible. See SBA franchise loans for how 7(a) and 504 loans work.

Source: SBA 7(a) and 504 loan data, as of September 30, 2026

How Bubbakoo's Burritos compares

Of the 55 Mexican food franchises on this site, Bubbakoo's Burritos is the 12th cheapest to open and the 8th largest by number of locations.

FigureBubbakoo's BurritosTypical Mexican food brandTypical franchise
Cost to open, low end$331K$457K$222K
Cost to open, high end$700K$946K$477K
Franchise fee$35K$35K$40K
Royalty6%5%6%
Brand fund2%2%2%
Sales per location$932K$1.18M$794K
US locations981521
Closed or left per year8.7%6.3%–
Change in franchised locations, 2 yrs+273.9%+2.1%–
Shares earnings figuresYes38 of 552,147 of 3,352

Typical is the median across the 55 brands in mexican food franchises; typical franchise, across every brand here.

Locations opened and closed

32 opened
4 closed or left
Franchised locations, last 2 years
2020
13 opened4 closed or left
32 (+9)
2021
19 opened0 closed or left
51 (+19)
2022
86 (+35)
YearFranchisedCompany-ownedOpenedClosed
202032 (+9)11+13−4
202151 (+19)12+190
202286 (+35)12––

Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.

See which brands grew most in the fastest-growing franchises rankings.

More in the guides: fast food franchise costs and franchise failure rates.

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, page 61

Source filing (2023, PDF)

Where Bubbakoo's Burritos locations are

At the end of 2022, Bubbakoo's Burritos had locations in 16 states. The most are in New Jersey, Florida and New York.

  • New Jersey52
  • Florida11
  • New York8
  • Ohio7
  • Pennsylvania4
  • Illinois3
StateFranchisedCompany-ownedTotal
New Jersey411152
Florida10111
New York808
Ohio707
Pennsylvania404
Illinois303
California202
Tennessee202
Arizona101
Georgia101
All 16 states
Kentucky1
Maryland1
Massachusetts1
Nevada1
New Hampshire1
West Virginia1

Source: Bubbakoo's Franchise Systems, LLC, 2023 filing, page 61

Who owns Bubbakoo's Burritos?

Bubbakoo's Burritos franchises are sold by Bubbakoo's Franchise Systems, LLC. Its filing names no parent company.

From Bubbakoo's Franchise Systems, LLC’s 2023 filing, page 7.

Bubbakoo's Burritos filings

The figures on this page come from Bubbakoo's Franchise Systems, LLC’s 2023 filing, issued April 21, 2023, on record with the NASAA Electronic Filing Depository.

Bubbakoo's Burritos filings, newest first
FilingIssuedRegistryOn this page
2023 filingApril 21, 2023NASAA depositoryCosts, fees and locations, 2020–2022

Each link opens the filing as a PDF. See the newest filings across all brands.

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