Food & Restaurant Franchise Review
Food & Restaurant Franchise Opportunity - Food & Restaurant Franchise Business for Sale
Currito, Burritos Without Borders
The cornerstones of the Currito concept are Burritos without Borders. Pushing beyond fresh Mexican cuisine and typical wrap restaurants, Currito serves the cure for the common burrito. Burritos without Borders aren’t necessarily Mexican, but they are hot, delicious and addictive. Mediterranean, Mexican, American and Asian are just a sampling of the flavors which allow Currito to appeal to a variety of customers.
Currito 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 Great Steak & Potato in 2004.
Background:
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
States, Countries or Geographical Areas from which Broker Referrals Are Accepted: All States
Financial/Terms: Single
Single Unit Investment
Cash Investment: $75K
Total Investment: $200K -$400K
Minimum Net Worth: $500K
Franchise Fee: $25K
Royalty: 6%
Ad: 1% (potential)
Average # of Employees: 10-15
Passive Ownership Allowed: possibly, as long as certain qualifications are met
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