Burros & Fries franchise
2022 filing · June 30, 2022
Burros & Fries at a glance
A fast-casual Mexican restaurant serving plates, burritos, tacos and drinks for dine-in, carry-out or drive-through.
The business
- Franchisor
- Burros & Fries Franchise, Inc
- The company that sells the franchises
What you pay
- Cost to open
- $320K–$625K
- Without a drive-through
- Franchise fee
- $35,000
- Paid once, when you sign
- Royalty
- 6%
- 6% of gross revenues, paid monthly, plus a system advertising fee of 1% to 3%
- Brand fund
- Yes
- 1%-3% of gross revenue a month
- Renewal fee
- $5,000
- When the agreement ends and you sign again
- Agreement length
- 10 years
Where it is
- Franchised, 2021
- 4
- As printed in the filing
From Burros & Fries Franchise, Inc’s 2022 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Burros & Fries among all franchises with the same figure.
| Figure | Burros & Fries | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $472,160 | Costs more than 61% of franchises |
| Franchise feePaid once, when you sign | $35,000 | Lower than 61% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
How much a Burros & Fries franchise costs
Opening without a drive-through costs an estimated $319,770 to $624,550. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($100,000 to $250,000) and kitchen equipment, furniture and fixtures ($80,000 to $120,000). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $35,000 | ||
| Technology including Computers | $5,000 | $10,000 | |
| Kitchen Equipment, Furniture and Fixtures | $80,000 | $120,000 | |
| Real Estate (Lease) | $4,770 | $13,050 | |
| Leasehold Improvements | $100,000 | $250,000 | |
| Utilities | $4,000 | $5,000 | |
| Signage & Menu Board | $10,000 | $30,000 | |
| Start Up Inventory | $10,000 | $30,000 | |
| Grand Opening Marketing | $1,500 | $5,000 | |
| Staffing | $20,000 | $45,000 | |
| Uniforms | $1,000 | $2,000 | |
| Insurance | $5,000 | $10,000 | |
| Travel, Lodging and Meals for Initial Training Program | $1,000 | $2,000 | |
| Licenses, Permits, Certifications and Other Professional Fees | $2,500 | $7,500 | |
| Additional Funds (3 Months) | $40,000 | $60,000 | |
| Total | $319,770 | $624,550 | |
Source: Burros & Fries Franchise, Inc, 2022 filing, page 16
Burros & Fries franchise fee
The franchise fee is $35,000. You pay it when you sign the franchise agreement.
Source: Burros & Fries Franchise, Inc, 2022 filing, page 11
Royalty and ongoing fees
| Royalty | 6% of gross revenues, paid monthly, plus a system advertising fee of 1% to 3%. |
|---|---|
| Brand or marketing fund | 1%-3% of gross revenue a month. |
| Renewal Fee | $5,000 |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Burros & Fries Franchise, Inc, 2022 filing, page 12
Other fees as filed, from page 13. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Burros & Fries does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Burros & Fries Franchise, Inc, 2022 filing, page 49
How Burros & Fries compares
Of the 55 Mexican food franchises on this site, Burros & Fries is the 11th cheapest to open.
| Figure | Burros & Fries | Typical Mexican food brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $320K | $457K | $222K |
| Cost to open, high end | $625K | $946K | $477K |
| Franchise fee | $35K | $35K | $40K |
| Royalty | 6% | 5% | 6% |
| Shares earnings figures | No | 38 of 55 | 2,147 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
| Year | Franchised | Company-owned |
|---|---|---|
| 2019 | 0 (0) | 10 |
| 2020 | 2 (+2) | 8 |
| 2021 | 4 (+2) | 8 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
These figures don't add up as printed: the 2021 counts come to 12, but the filing shows 8. Worth asking the franchisor.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: fast food franchise costs and franchise failure rates.
Source: Burros & Fries Franchise, Inc, 2022 filing, page 50
Where Burros & Fries locations are
At the end of 2021, Burros & Fries had locations in 1 state. The most are in California.
- California12
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| California | 4 | 8 | 12 |
Source: Burros & Fries Franchise, Inc, 2022 filing, page 51
Who owns Burros & Fries?
Burros & Fries franchises are sold by Burros & Fries Franchise, Inc.
From Burros & Fries Franchise, Inc’s 2022 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | Yes. The filing describes past or pending cases involving the franchisor, its affiliates or its executives on page 11. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Burros & Fries Franchise, Inc, 2022 filing, litigation on page 11, bankruptcy on page 11
Burros & Fries filings
The figures on this page come from Burros & Fries Franchise, Inc’s 2022 filing, issued June 30, 2022, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2022 filing | June 30, 2022 | NASAA depository | Costs, fees and locations, 2019–2021 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other Mexican food franchises
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Burros & Fries is also on these lists: fast food franchises, restaurant franchises, food franchises.