discover your franchise opportunity with

Fajita Pete's

Franchise Information

Franchise Industry

Food/Drink

Started Franchising

2011

Headquarters (City, State)

Houston, TX

Number of Locations

Total U.S. Locations

U.S. Franchised Units

U.S. Corporate Units

Investment Information

Investment Range

$500,000 - $749,999

Franchise Fee

$40,000

Royalty and Marketing Fees

5.5% and 1%

Gross Revenue

$842,497*

About Fajita Pete's

From mouth-watering fajitas to hand-rolled tortillas, Fajita Pete's crowd-pleaser menu is made from scratch and delivered alongside frozen margaritas by our own deliver drivers. After over 15 years of perfecting the Tex-Mex food preparation process, our delivery and catering services are as efficient and convenient as possible. Whether ordering for a home, party, or office, all our customers receive fresh fajitas in a timely manner. Our small footprint allows us to be in the heart of highly desirable areas while keeping location, construction, operating, and rent costs low. The efficient and focused menu streamlines the order process, allowing for rapid ordering, food production, and packaging. Integration into the communities where we operate generates repeat customers and high-volume catering orders. Delivery is an increasingly important part of the restaurant industry. Fajita Pete’s is well-positioned to become a staple in eaters’ rotations, alongside traditional delivery options like pizza and Chinese food. Our backing from a strong and experienced financial partner supported the development of top-tier technological platforms and a robust platform to support franchise system growth.

Financials

Average Unit Volume* (AUV)

$864,011

2020 AUV

$866,395

2021 AUV

$842,497

2022 AUV

* as outlined in Item 19 of the Franchise Disclosure Document.

Franchise Highlights

Prototypical footprint of 1,200 TO 1,500 SQ. FT.

Average 95+% of gross sales is related to pick-up, delivery, or catering (approximate)

Average gross sales per guest check is $70+ (approximate)

Cuisine type that is unsaturated, travels well, and is familiar to the continental United States

Frequently asked questions

FAQ

Not unless there is a solid operator on the team

Ideal Candidate

1. Financially qualified (minimum $500,000 investment capability with a minimum of $150,000 liquid assets per location)
2. Minimum commitment of three (3) locations in new target markets; Single locations in fill-in markets (with 3+ locations)
3. Minimum of three (3) years of direct management experience (GM and above) with P&L responsibility of restaurant or hospitality business.
4. For Multi-Unit Commitment: Minimum of two (2) years of multi-unit restaurant or hospitality management experience with P&L responsibility
5. For Multi-Unit Commitment: Must have experience building/developing new locations
6. Must have a “relationship” personality
7. Must have a “sales/marketing” personality
8. Demonstrated ability to operate a business successfully (other business, business career, systems implementation).
9. Experience managing and developing hourly wage team members successfully
10. Match with Fajita Pete’s Mission, Values, Strategy and Philosophy