Taco Rico or Taco Works Franchise FDD, Profits & Costs (2026)
Taco Rico, which operates nationally under the Taco Works name, is a fast-casual Tex-Mex restaurant concept known for a broad menu of Mexican-inspired comfort foods. The brand was established in 1992 in Coral Gables, Florida, where it developed a loyal customer base by emphasizing fresh preparation, dependable quality, and approachable pricing.
Based in South Florida, the company launched its franchising program in 2015 to support growth beyond its original market. Locations within Florida continue to operate as Taco Rico, while restaurants outside the state use the Taco Works name.
The menu centers on classic Tex-Mex offerings, including tacos, burritos, quesadillas, enchiladas, fajitas, and chimichangas, with plant-based options available to appeal to a wider customer base. Franchisees can also offer catering, creating opportunities for incremental revenue from events and large orders.
Initial Investment
How much does it cost to start a Taco Rico or Taco Works franchise? It costs on average between $155,000 – $341,000 to start a Taco Rico or Taco Works franchised facility.
This includes costs related to restaurant build-out, kitchen equipment, furniture and fixtures, initial food and supply inventory, and other pre-opening operational expenses. The overall investment can vary depending on factors such as the restaurant’s size, the local market, and whether the franchisee leases or purchases the commercial space.
| Type of Expenditure | Amount |
|---|---|
| Initial Franchise Fee | $49,900 |
| Travel and Living Expenses While Training | $300 – $5,500 |
| Utility Fees, Real Estate Lease and Utility Deposits | $10,500 – $17,300 |
| Equipment | $18,000 – $78,000 |
| Signage | $6,000 – $9,000 |
| Other Equipment (TVs, Cameras, Computer System) | $2,000 – $4,000 |
| POS System | $7,000 |
| Decor and Furniture | $4,000 – $6,000 |
| Construction of Leasehold Improvements | $30,000 – $113,000 |
| Inventory and Supplies | $5,000 – $7,000 |
| Grand Opening Advertising | $1,000 – $4,000 |
| Licenses and Permits | $1,500 – $2,500 |
| Architectural and Engineering | $2,000 – $5,000 |
| Attorneys and Accountants | $0 – $2,000 |
| Insurance (First 3 Months) | $2,600 – $6,600 |
| Additional Funds (3 Months) | $15,000 – $25,000 |
| Total | $154,800 – $340,800 |
Franchise Disclosure Document
Frequently Asked Questions
How many Taco Rico or Taco Works locations are there?
As of the most recent available data, Taco Rico / Taco Works operates four franchised and three company-owned units across the US.
What is the total investment required to open a Taco Rico or Taco Works franchise?
The total investment required to open a Taco Rico or Taco Works franchise ranges from $155,000 to $341,000.
What are the ongoing fees for a Taco Rico or Taco Works franchise?
Taco Rico or Taco Works franchisees pay an ongoing royalty fee of about 5% of gross sales, along with a marketing or advertising contribution of roughly 1% of gross sales. These recurring fees support brand oversight, operational support, and systemwide marketing initiatives.
Who owns Taco Rico or Taco Works?
Taco Rico / Taco Works franchise is owned by a privately held company founded and led by Leland Neal.
Disclaimer
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