Taco Rico or Taco Works Franchise FDD, Profits & Costs
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 |
Taco Rico or Taco Works Franchise Disclosure Document
Frequently Asked Questions
What funding options are available for a Taco Rico franchise?
Most franchise buyers in Taco Ricos investment range finance their unit through an SBA 7(a) loan, with some multi-unit operators using SBA 504 loans. Buyers with rollable retirement funds sometimes use a ROBS structure. See SharpSheets financial model hub for guidance.
How long does it take to pay back a Taco Rico franchise investment?
Payback periods typically run 3-7 years depending on investment level, location performance, and financing structure. Actual payback varies significantly by unit performance and debt service obligations.
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.
SharpSheets Editorial Team | sharpsheets.io | Last Updated: July 2026
Disclaimer
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Research Taco Rico Or Taco Works franchise data: For the full FDD cost breakdown, investment tables, and Item 19 disclosures, visit FranchisePayback.com → Taco Rico Or Taco Works FDD Review.
