Boloco Inspired Burritos Food: Casual Dining Franchise

Looking to get inspired by a great franchise opportunity? Check out Boloco Inspired Burritos. Owners will enjoy being supported by a team of executives that have a successful and proven track record in franchising.

Year Established: 1997
Total Units Operating: 12
Cash Investment Required: $75,000
Total Investment Required: $200,000 - $400,000

Minimum Net Worth Required: $500,000
Franchise Fee: $25,000
Financial Assistance Offered: No
Training and Support: 3 wks. Store Management Training - 3 wks. Opening Training/Support

Description

Looking to get inspired by a great franchise opportunity? Check out Boloco Inspired Burritos.

Franchise Profile

The people at Boloco really love burritos. They are passionate about the process of making them and they truly care about the guest experience. Beyond that, they are passionate about doing the right thing, socially and otherwise.

That attitude -- and some incredibly good burritos -- is a winning combination for customers, and for franchisees.

Boloco Inspired Burritos is expanding quickly. If you are interested in opening your own Boloco Inspired Burritos, let us know and you can be on your way to being a successful Boloco Inspired Burritos Franchise Owner.

History

Boloco began in 1996 (under the name The Wrap). Over the next 6 years, 10 units opened in the Boston area. In 2005 the concept was renamed Boloco. After years of fine tuning, Boloco Inspired Burritos is ready for national franchise growth.

Management

Boloco Inspired Burritos franchisees will enjoy being supported by a team of executives that have a proven track record in franchising. Nick Lanni, President & CEO of Under Wraps, LLC previously owned Great Steak & Potato for over 20 years and developed that franchise into 260 units with 150 franchise owners. Nick sold the Great Steak & Potato Franchise System in 2004.

Boloco Inspired Burritos

Franchise Opportunity Quick Facts

Key Franchise Value Proposition: Fast casual sandwich franchise concepts, positioned between fast food franchises and sit-down restaurant franchises, are growing at an annual double digit rate, more than double the rate of any other franchise restaurant segment.

Key Consumer Value Proposition: The cornerstone of the Boloco concept is the Inspired Burrito. Pushing past fresh Mexican and typical wrap franchise restaurants, Boloco serves a new breed of burrito. Inspired Burritos aren't necessarily Mexican, but they are hot, delicious and addictive. Mediterranean, Mexican, American and Asian are just a sampling of the flavors.

Background & Franchise Information

Year Established: 1997
Year First Franchised: 2005
Franchised Units: 12
Company Owned Units: 0
Projected New Units (12 months): 10
States/Countries Registered In: All States
Average # of Employees: 10-15
Passive Ownership Allowed: Possibly, as long as certain conditions are met
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Co-operative Advertising: Yes
Training: 3 weeks store management training /1-3 weeks opening training/support

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