Bubbakoo’s Burritos FDD – Franchise Information, Costs and Fees
Type of Business
The franchisor offers qualified individuals and entities a franchise for the right to independently own and operate a quick casual restaurant featuring burritos, tacos, quesadillas, nachos, taco salads and “Chiwawas”, as well as other specialty items, sides, desserts and beverages they authorize, (a) the system of operations they have developed for the operation of this kind of restaurant business, and (b) their then-current proprietary marks, which currently includes their principal mark BUBBAKOO’S BURRITOS . They also offer qualified parties the right to own and operate multiple Restaurants within a development area that they designate.
Corporate Information
Bubbakoo’s Franchise Systems, LLC was organized under the laws of New Jersey as a limited liability company on August 26, 2014. Their principal business address is at 1670 Route 34 North, Suite 1C, Wall, New Jersey 07727. They first began offering franchises in February 2015.
Investment
The estimated total investment necessary to begin operation of a single Franchised Business ranges from $356,000 to $757,000. This includes $35,000 to $40,000 that must be paid to the franchisor or its affiliate(s). Franchisor may also offer qualified individuals that already own an independent restaurant that is already open and operating the right to convert their existing business into a System Restaurant operating under their proprietary marks, provided that individual and their current restaurant operations meets their then- urrent conversion criteria. The total investment necessary to convert an existing restaurant that meets their conversion criteria into a System Franchised Business is $233,000 to $507,000. This includes $28,000 to $33,000 that must be paid to the franchisor or its affiliate(s). The total investment necessary to operate multiple Franchised Businesses under their form of area development agreement depends on the number of franchises they grant you the right to open. The total investment necessary to enter into a development agreement for the right to develop three (3) Franchised Businesses is $376,000 to $777,000, including (a) $55,000 that must be paid to the franchisor upon signing of your development agreement, and (b) the estimated initial investment associated with opening and commencing operations of the initial Franchised Business you are awarded the right to develop.
