Taco Palace began in 1985 when Larry Faria developed a partnership with an experienced Taco Bell store opener and trainer. Larry pulled together information from several national franchises, but was not satisfied with the majority of their ideas and restrictions. He found most of them to be over-priced, too restrictive, and to require construction and startup costs that would sink franchisees in debt for many years. A new and unique franchise concept was created with "Low Overhead", "Low Royalty Fees", "Protected Territories", and "People Helping People". This new concept quickly spread through word of mouth enabling them to open many franchise units in the Midwest.

Contact Information for Taco Palace Franchising Corp.

Company Website: http://www.tacopalace.com

814 E. Hwy. 60 P.O. Box 87
Monett
MO 65708 USA Work: (417) 235-6595

Entrepreneur.com Company Profile

Email: international@tacopalace.com

Opportunity Type:

Training Available:
  • At headquarters
  • At local location
Support Available:
  • Internet
  • Purchasing cooperatives

Business Start Date: 1

Description: Taco Palace began in 1985 when Larry Faria developed a partnership with an experienced Taco Bell store opener and trainer. Larry pulled together information from several national franchises, but was not satisfied with the majority of their ideas and restrictions. He found most of them to be over-priced, too restrictive, and to require construction and startup costs that would sink franchisees in debt for many years. A new and unique franchise concept was created with "Low Overhead", "Low Royalty Fees", "Protected Territories", and "People Helping People". This new concept quickly spread through word of mouth enabling them to open many franchise units in the Midwest.

Required net worth: $100,000

Total investment: $99,000 – $139,000

Cash liquidity: $35,000

Franchise fee: $33,950

Franchise Start Date: 1

Number of Employees: 7

Number of Franchises: 8

Company Owned Units: 2

Ongoing Royalty: 0%

Financing Available: No


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