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TacoTime

A franchise agreement takes place when the concerned parties involved are bound together through certain contractual provisions. This is an arrangement whereby someone with an idea for a business, the franchisor, sells to another person the franchisee the rights to use the business's name, sell a product, or provide a service to someone else. A franchise agreement will usually specify the given territory the franchisee retains exclusive control over the area protection, as well as the extent to which the franchisee will be supported by the franchisor.

Taco Time was founded in 1959 by Ron Fraedrick. It is located in Eugene, Oregon in Southern California. The company opened its first franchise in 1961 and now has franchises in both freestanding and express sites throughout the United States and Canada as well as in Japan and Kuwait. In 2000, the company introduced Brand Renaissance, which includes a facility decor package and updated food mix and packaging, as a renewal of the brand.

TacoTime Restaurant Chain has risen to dominate its position today as the quality leader in the Mexican Quick Service Restaurant franchise industry. There are QSR restaurant franchise chains that are bigger, but the guest knows whose food is the best. All of their products are made with the freshest most wholesome ingredients available. Their menu provides the guest a real choice, from vegetarian items to their unique line of Crisp Burritos.

The TacoTime Mexican QSR franchising chain has incredible growth potential, which they are aggressively pursuing. In many of their existing markets people are clamoring for more TacoTime restaurants. There are also undeveloped areas that are lacking the high-quality, affordable Mexican food flavors provided by TacoTime. They are there at the beginning, but they are also there for the long-haul, offering ongoing training and consultation to ensure that you continue to maximize your potential.

Their costs and fees total investment is 140000 to 699000 dollars, express or kiosk option is available, franchise fee 30000 dollars, ongoing royalty fee is 6 percentages, term of agreement is of 15 years, renewable. They rankings in entrepreneur magazine 2002 to 2006 franchise 500 Rank 346 in 2006, 307 in 2003. They optimize marketing dollars for you with successful, comprehensive National advertising programs, grand opening and Local Store Marketing materials and co-op advertising support.

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