Pancheros Franchise
Pancheros Mexican Grill is a fast-casual restaurant brand that has been delighting customers with fresh, made-to-order Mexican food since 1992.
$500,000
$30,000
76
1995
Coralville,IA
Rodney L. Anderson
About Pancheros
Pancheros Mexican Grill is a fast-casual restaurant brand that has been delighting customers with fresh, made-to-order Mexican food since 1992. Known for our signature hand-pressed tortillas and bold flavors, we’ve built a loyal following across 12 states with over 74 locations and growing. At Pancheros, we believe in simplicity, quality, and delivering an exceptional customer experience every time. Our proven business model and strong brand reputation make us a standout in the fast-casual dining industry, offering franchisees the opportunity to own a from-scratch restaurant without starting from scratch.
Franchise Unit Trends & Revenue
76
3
$1,583,065
* in 2024
Franchise Fees
$30,000
5.0%
Gross Revenues
2.0%
Gross Revenues
Why Choose Pancheros?
Pancheros offers a unique franchise opportunity with a simple menu, industry-leading training, and a loyal customer base. Our Average Unit Volume (AUV) has consistently trended upward, reaching $1.64M in 2024, showcasing the strength of our business model. With over 850,000 loyalty members and a 24.41% participation rate, Pancheros has built a strong digital and in-restaurant presence. Franchisees benefit from a supportive corporate team, a growing fan base, and a brand that has been a trusted name in the industry for over 30 years. If you’re looking for a franchise with proven success and growth potential, Pancheros is the perfect choice.
Starting Costs & Investment Requirements
$752,500 - $1,537,500
$1,000,000
$500,000
Training & Support
At Pancheros, we’re committed to setting our franchisees up for success. Our industry-leading training program includes a two-day orientation session and an on-the-job training program to ensure you’re fully prepared to run your restaurant. Franchisees also receive ongoing support from our dedicated corporate team, covering everything from marketing and operations to customer service. With a focus on collaboration and responsiveness, Pancheros provides the resources and guidance you need to thrive as a business owner. When you join the Pancheros family, you’re never alone on your journey to success.
History
Pancheros began in 1992 in the college town of Iowa City, Iowa, with a mission to serve fresh, fast-casual Mexican food. What started as a local favorite quickly grew into a beloved brand known for its hand-pressed tortillas and exceptional customer experience. Over the past three decades, Pancheros has expanded to over 74 locations across 12 states, bringing its unique take on Mexican cuisine to new markets. Despite our growth, we’ve stayed true to our Midwestern values and commitment to quality, earning a loyal fan base and a reputation for excellence.
Ideal Candidate
We’re seeking passionate entrepreneurs who are ready to bring Pancheros’ fresh flavors to their communities. Ideal candidates should have a strong work ethic, a commitment to customer service, and the financial capacity to invest in a thriving business. With a requirement of $500,000 in liquid capital and a $1M net worth, franchisees should be prepared to embrace our proven business model and values. Whether you’re an experienced restaurateur or a first-time business owner, Pancheros provides the tools and support needed to succeed in the fast-casual dining industry.
Restaurant and Food Franchises
Franchises up to $1,000,000
This web page is not endorsed by or affiliated with any franchisor. Product and company names are trademarks of their owners and are used for referential purposes only.