Are you interested in learning more about the financial requirements to become a Del Taco franchisee?
At Del Taco, our potential franchisees must meet a variety of requirements to begin their journey to franchise ownership.
In this article, we’ll go over the financial, real estate, and preferred site criteria requirements we have at Del Taco.
Del Taco Financial Requirements
Due to the cost of opening a restaurant with Del Taco, we have three minimum financial requirements all potential franchisees must meet.
- Minimum Liquidity: $500,000
- Minimum Net Worth: $1MM
- Franchise Fee: $35k per Location
If you’re unable to meet these requirements, there are many potential sources of liquidity that may be overlooked. For example:
- Stocks & Bonds
- Home Equity
- 401k Rollovers
- Business Partners
These are just a few of the options you may like to consider in order to meet our financial requirements.
Del Taco Franchise Royalties
Like most franchises, you’ll notice Del Taco has ongoing royalty fees. Our royalties at Del Taco are:
- 5% Royalty of Net Sales
- 4% Marketing Royalty of Net Sales
These royalties ensure you have the best possible resources to run your business and bring customers to your location.
Del Taco Site Requirements
When selecting a site for our Fresh Flex Prototype, Del Taco has a variety of land, demographic, and site characteristics we look for.
Preferred Site Criteria:
- Land Size: +25,000 Square Feet
- Building Size: +1,200 Square Feet
- Population: +10,000 (1 Mile)
- Employment: +3,000 (1 Mile)
- Household Income: Average $65,000
- Traffic Counts: +25,000 Daily
We also look for the following physical features when prospecting sites for our latest prototype:
- Free-Standing / Out-Parcel Pads
- End Cap
- Ground Lease & Purchase
- Ingress / Egress
- Visibility & Signage
- Drive-Thru Required
If you need help finding a location to build your Del Taco, our team can help you find the perfect market point with our real estate planning software.
Check Out These Additional Resources
We hope this article gave you a better understanding of the Del Taco franchise requirements.
At Del Taco, we work with our franchisees every step of the way in order to get their restaurants up and running.
Here are some additional online resources you may like to check out:
If you have any questions, please contact our franchise sales and support team.