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LAST UPDATED:&nbsp;July 2024FRANCHISE WEBSITE:&nbsp;<a href="https://pancheros.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">https://pancheros.com/franchise/</a>&nbsp;NUMBER OF LOCATIONS: 74REPORTED COST TO GET IN:&nbsp;$680,500 – $1,387,500REPORTED ROI (Item 19):&nbsp;$1,527,107 (Average Gross Sales 2023)<a href="https://pancheros.com/franchise/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Pancheros</a> offers customers a large selection of ingredients to choose from for customized burritos, bowls, salads and more.&nbsp;<h3>How Many Pancheros Locations Are There?</h3>Founded in 1992, Pancheros has built a reputation for its simple yet effective business model, focusing on fresh ingredients and straightforward cooking techniques. The brand has over 30 years of experience in the growing Mexican fast-casual industry.Pancheros currently has 73 locations across the U.S., 47 of which are franchises.<h3>What Is Pancheros’s Business Model?</h3>Pancheros offers customizable order-at-the-counter burritos and other Mexican fare. The brand also has online ordering options, as well as an app where consumers can gain loyalty rewards for their purchases. Franchisees also benefit from multiple revenue streams with dine-in, take out and catering options.<h3>How Much Can Pancheros Franchise Owners Make?</h3>According to Item 19 of Pancheros 2024 Franchise Disclosure Document (FDD), the average gross sales across all 73 restaurants in 2023 were $1,527,107. Average gross sales for the 47 franchised units were $1,496,658.<h3>How Much Does It Cost To Open Pancheros?</h3>The total initial investment necessary to begin operation of a Pancheros franchise ranges from $680,500 to $1,387,500. These costs break down as follows:<ul><li>Initial Franchise Fee: $30,000</li><li>Real Estate/Rent and Security Deposit: $0 - $30,000</li><li>Utility Security Deposits: $0 - $5,000</li><li>Leasehold Improvements: $378,000 - $750,000</li><li>Furniture, Fixtures and Equipment:&nbsp;$165,000 - $210,000</li><li>Initial Merchandise Purchases: $2,000 - $5,000</li><li>Initial Inventory: $8,500 - $15,000</li><li>Insurance:&nbsp;$3,500 - $17,000</li><li>Training: $5,000 - $15,000</li><li>Initial Marketing Campaign: $30,000 - $50,000</li><li>Signage: $10,000 - $38,000</li><li>POS System and Back Office Software: $13,500 - $18,000</li><li>Office Equipment/Supplies: $3,000 - $7,000</li><li>Licenses and Permits:&nbsp;$1,000 - $7,500</li><li>Professional Fees:&nbsp;$6,000 - $40,000</li><li>Additional Funds (3 Months):&nbsp;$25,000 - $150,000</li></ul><h3>What Is the Franchise Fee for Pancheros?</h3>The franchise fee required to begin operation of a Pancheros franchise is $30,000, which must be paid to the franchisor.&nbsp;<h3>Who’s On Pancheros’s Leadership Team?</h3><ul><li><a href="https://www.linkedin.com/in/rodneylanderson/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Rodney Anders - President and Founder</a></li><li><a href="https://www.linkedin.com/in/joseph-gale-30278076/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Joe Gale - Director of Franchise Development</a></li><li><a href="https://www.linkedin.com/in/saul-muniz-pancheros/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Saul Muniz - Vice President of Franchise Operations</a></li><li><a href="https://www.linkedin.com/in/emma-reed-11b55083/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Emma Reed - Director of Marketing</a></li></ul><h3>What Helpful Articles Can I Read to Learn More About Pancheros?</h3><ul><li><a href="https://www.franchisetimes.com/franchise_news/pancheros-remains-all-in-with-dine-in/article_f7c6ce44-2a54-11ef-aef2-679a76f9f036.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Pancheros Remains All In With Dine-In</a></li><li><a href="https://khqa.com/news/local/pancheros-mexican-grill-opens-in-quincy-with-1-burrito-event-coming-soon?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Pancheros Mexican Grill opens in Quincy with $1 burrito event coming soon</a></li><li><a href="https://www.franchising.com/sponsored/how_pancheros_mexican_grill_sets_the_standard_for_franchise_success.html?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">How Pancheros Mexican Grill Sets the Standard for Franchise Success</a></li></ul>Want to learn more about franchise opportunities on 1851 Franchise? Be sure to visit our&nbsp;<a href="https://1851franchise.com/power-rankings">Power Rankings</a> to read more on brands making moves.&nbsp;Check out these three 1851 brands:<a href="https://ownaparisbaguette.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">Paris Baguette*</a><a href="https://1851franchise.com/parisbaguette/info">Franchise Development Page</a>Number of Open Locations: 170+Investment Range: $718,065 - $1,801,600<a href="https://1851franchise.com/crust-pizza-co/info">Crust Pizza</a><a href="https://1851franchise.com/crust-pizza-co/info">Franchise Development Page</a>Number of Open Locations:&nbsp;30+Investment Range:&nbsp;$765,500 - $1,426,250<a href="https://thebrasstapfranchise.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">The Brass Tap</a><a href="https://1851franchise.com/brasstap/info">Franchise Development Page</a>Number of Open Locations:&nbsp;50+Investment Range:&nbsp;$786,950 – $1,224,550Every great franchisee had help buying a franchise. Want to learn more about how 1851 helps franchisees find the right franchise opportunity? Visit&nbsp;<a href="http://www.1851growthclub.com/?utm_source=1851franchise.com&utm_medium=article&utm_campaign=franchise-deep-dive-pancheros-franchise-costs-fees-profit-and-data-2726817" target="_blank" rel="nofollow">www.1851growthclub.com</a> and start your journey.Disclaimer: This content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on this site constitutes a solicitation, recommendation, endorsement, or offer to buy or sell any franchises, securities, or other financial instruments in this or in any other jurisdiction in which such solicitation or offer would be unlawful under the franchise and/or securities laws of such jurisdiction.&nbsp;All content in this article is information of a general nature and does not address the detailed circumstances of any particular individual or entity. Nothing in the article constitutes professional and/or financial advice, nor does any information in the email constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. You alone assume the sole responsibility of evaluating the merits and risks associated with the use of any information or other content in this article before making any decisions based on such information or other content.

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