Mike's Red Tacos features a birria-inspired menu focused on street-inspired tacos and other Mexican food, including burritos, quesadillas, nachos, loaded fries and ramen. The franchise offers a modern, fast-casual restaurant format with dine-in, carry-out, and online ordering options.
Key Insights
- Mike's Red Tacos was founded on core principles that quality service should be both accessible and reliable for all customers, establishing operational frameworks that ensure consistent delivery while maintaining flexibility to adapt to individual needs and preferences.
- Ordering systems integrate user-friendly technology with personalized customer service to create efficient, enjoyable dining experiences that accommodate busy schedules while providing opportunities for menu education and customization based on individual preferences and dietary needs.
- Technological advances continue to reshape service delivery methods and customer interaction patterns, creating opportunities for businesses that can integrate innovation with traditional service excellence while maintaining the personal touch that customers value and expect.
Franchise Fee and Costs to Open
Exploring the financial picture of Mike's Red Tacos gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $619,800 - $1,953,000, along with a franchise fee of $40,000 - $40,000.
Financial Performance and Revenue
Training and Resources
Love & Honey Fried Chicken provides comprehensive training for new franchisees. This initial training program, lasting two weeks, is held at our corporate location. Franchisees receive resources covering operational procedures and brand standards. Love & Honey Fried Chicken offers ongoing support and access to a network of experienced operators. We recommend embracing the provided materials for a successful launch.
Legal Considerations
Legal considerations for a Mike's Red Tacos franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
When establishing a Love & Honey Fried Chicken franchise, franchisees should consider navigating local dining landscapes where existing fried chicken offerings may be prevalent. Managing kitchen workflows and maintaining consistent product quality across all menu items presents an operational focus. Furthermore, securing a reliable supply of key ingredients, particularly the signature chicken, requires attention to supply chain relationships and potential seasonal variations.
Franchise Datasheet
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