Questions: |
Answers: |
What does it cost to open a Bajio restaurant? |
The typical range of an initial investment to open a Bajio restaurant is between $320,536.60
and $495,560.50 |
How much of this investment would have to be in cash? |
Depending upon your financial situation, you should be able to finance 60-70% of your investment through banks. While we do not provide financing, we may be able to direct you to some potential financing sources. |
What franchise fees and royalties are involved in owning a Bajio Franchise? |
The franchise fee is $20,000, for your first location and $10,000 for your second location, all of which is paid at the time you execute your Franchise agreement. Royalties are 8% of net sales, paid weekly. |
What rights and support do I receive for these fees? |
You receive the right to own and operate a Bajio restaurant. In addition, you receive:
- The right to use Bajio trademarks and you will be given an operating manual outlining the operations of your restaurant.
- Training for you and your manager
- Help with the site selection of your Bajio restaurant
- Leasing process
- Construction process and design
- On-site assistance before, during and after the opening of your Bajio Restaurant
- The benefit of our established supply sources, including negotiated prices that could not be attained by an individual
- The use of our proprietary, trade secret formulas and recipes
- The benefit of Bajio’s ongoing research and development that keeps our customers coming back for more
- Ongoing support with training, operations, and marketing
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What do you charge for marketing fees? |
We currently charge 3% or the marketing fee, paid weekly |
How do I go about selecting a location? |
Bajio knows that a great location is probably the most important decision that you will make. We have a development agent that will answer any questions and also provide you with a local real estate agent in your area. Bajio has a site requirement package and site survey that we provide you with, so that you can make this decision properly. After a location is selected, Bajio will help you with negotiation of your lease. |
Where will I purchase my inventory and supplies? |
Bajio uses its leverage to negotiate fair pricing for all franchisees. We are continually shopping our products to ensure quality and price. We provide you with a list of approved vendors and information about our products that we use. |
Is it necessary to have previous retail or restaurant experience to be apart of Bajio? |
Experience is helpful, but we have developed a training program that will assist you in becoming proficient in our processes. |
Will I receive help when I am opening my Bajio location? |
Yes, we will provide you with a direct contact at Bajio to assist you in any matter. We will also be visiting your location periodically to help you with any issues that arise. |
How much time is required to open a Bajio location? |
You could be open within 120 days of being accepted as a Bajio franchisee, depending on the time it takes to secure the right location, build-out, hiring of your crew and training.
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Are there multi-unit opportunities available if I want to own more than one Bajio? |
We encourage you to want to open several, but we also encourage you to take your time and not rush the expansion process. |
What profit or rate of return can I expect from my Bajio restaurant? |
Federal and State law prevent us from making earnings claims except within certain parameters. The California Department of Corporations, other states, and the Federal Trade Commission regulate franchising and prohibit making any earning claims, unless it is included in Item 19 of the UFOC. |
Do I have to purchase all items needed for my Bajio from Bajio? |
While we are not a vendor, we do require you to purchase items from our approved vendors. We have worked very hard to find appropriate vendors that can handle out growth, but mostly we have developed relationships with these vendors that allow our franchisees to save in many different areas, from equipment and décor to daily food items. |
If I am interested in learning more, what do I do next? |
You will need to fill out a brief “Confidential Application” form. Simply complete the form and return it to us as soon as possible. Once we have reviewed the information you have provided, we will evaluate your application and if approved, we will send you a Uniform Offering Circular (UFOC) and arrange for a personal meeting. If you have any questions, please feel free to contact us at any time. |
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