Taco Time FDD Summary
Type of Business
As a franchisee, you will operate a restaurant called TacoTime, preparing and serving specialized freshly prepared Mexican fast food and related menu items.
Corporate Information
Kahala Franchising LLC is an Arizona limited liability company which was formed on December 29, 2008. Their parent company is Kahala Brands, Ltd, which is a Delaware corporation. Kahala Brands was formerly known as Kahala Corp. but changed its name to Kahala Brands in December 2014. Prior to that, Kahala Corp. was a Florida corporation and was redomiciled in Delaware on December 31, 2012. On July 26, 2016, Kahala Brands merged with a wholly-owned subsidiary of MTY Food Group, Inc. having an address at 8150 Transcanada Highway, Suite 200, Saint Laurent, Québec H4S 1MF. Kahala Brands’ parent company became MTY Franchising USA, Inc., a Delaware corporation incorporated originally as The Extreme Pita Franchising USA, Inc. on March 14, 2001, and having an address of 16420 N 92nd Street, Suite E120, Scottsdale, AZ 85260. MTY USA’s parent corporation is MTY Tiki Ming Enterprises Inc., a Canada corporation incorporated on February 13, 1979, and a wholly owned subsidiary of MTY Food Group, Inc., and having an address at 8150 Route Transcanadienne Suite 200, Ville Saint-Laurent, Quebec, H4S 1M5, Canada.
Investment
The total investment necessary to begin operation of a TacoTime franchise ranges from $396,150 to $814,050 for a traditional franchise unit constructed as a free-standing restaurant; from $204,150 to $601,050 for a traditional franchise unit located within a shopping mall, strip center, or similar venue; and from $146,250 to $426,550 for a non-traditional franchise unit. This includes $25,720 to $366,250 for a traditional location and $17,320 to $299,750 for a non-traditional location that must be paid to the franchisor or its affiliate.