Taco Rico or Taco Works

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Taco Rico or Taco Works

Taco Rico or Taco Works Franchise FDD, Costs & Fees (2025)

Taco Rico / Taco Works is a Tex-Mex restaurant franchise offering tacos, burritos, fajitas, chimichangas, salads, and salsa bars, serving families and office crowds, and known for quick counter service, complimentary chips, and approachable, value-focused neighborhood locations.

KEY FRANCHISE STATS

Franchisees

?

3
+
0%
0%
Franchise fee

?

$49,900
Investment

?

$155,000 - $341,000
Revenue (AUV)

?

Undisclosed

$0

+
n.a.
n.a.

Taco Rico, also known nationally as Taco Works, is a fast-casual Tex-Mex restaurant franchise offering a wide selection of Mexican-inspired favorites. The brand was founded in 1992 in Coral Gables, Miami, Florida, where it built a strong local following through fresh recipes and consistent quality. Taco Rico focuses on delivering flavorful food in a casual, welcoming environment.

The company is headquartered in South Florida and officially began franchising in 2015. While Taco Rico operates primarily under its original name in Florida, the Taco Works brand is used for franchised locations outside the state. This dual-branding strategy has allowed the concept to expand into multiple U.S. markets while maintaining its regional identity.

Taco Rico/Taco Works specializes in Tex-Mex staples such as tacos, burritos, quesadillas, enchiladas, fajitas, and chimichangas, along with vegetarian and vegan options. The franchise also supports catering services, helping operators capture additional revenue from events and group orders. Units are designed to support dine-in, takeout, and delivery sales.

Initial investment

Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.

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
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

Create an account to access and download this FDD. For more information, see our plans here.

Number of units

Training

Taco Rico offers a structured and multi-faceted training program designed to prepare franchisees and their staff to run the business effectively. The training includes the following components:

Initial Training Program
Franchisees and up to three management personnel must attend a 14-day training session held at a location designated by the franchisor, typically in Doral, FL. This training covers operations, marketing, sales techniques, and management skills. The program is offered at no charge, but the franchisee is responsible for all travel, lodging, meals, and related costs.

In-Restaurant and On-Site Support
Franchisees receive on-site assistance during the restaurant’s initial opening, typically lasting one week. This support helps ensure proper setup and execution of brand standards. Any additional training requested by the franchisee may be provided at their expense.

Ongoing and Supplemental Training
The franchisor may provide refresher courses, seminars, and continuing advisory support throughout the franchise term. Attendance at annual meetings and up to five days of additional training per year may be required. Training resources may also be made available to hourly employees at the restaurant location.

Territory Protection

Taco Rico provides its franchisees with an exclusive territory, defined in the Franchise Agreement and typically covering the lesser of a four-mile radius or a population of 50,000. This exclusivity prevents the franchisor from opening or franchising another Taco Rico location within that area for the duration of the agreement, provided the franchisee remains in compliance. The specific boundaries are detailed in an exhibit to the agreement and are not conditioned on sales performance or other metrics.

However, Taco Rico retains significant flexibility outside of the core exclusivity clause. The franchisor may still establish or authorize similar or dissimilar businesses under different trademarks within or near the territory.

They also reserve the right to operate in non-traditional locations such as airports, malls, stadiums, and other high-traffic venues even within a franchisee’s protected territory. Additionally, the franchisor may grant temporary, revocable rights for catering services beyond the exclusive area, which do not grant lasting territorial claims.

Competitors

Below are some of

Taco Rico or Taco Works

key competitors in the

Mexican

sector.

Franchise
Franchisees
Initial fee
Total investment
Revenue
Sign up
Gross Profit
Sign up
EBITDA
Sign up

3

New
+
0%
0%

$49,900

$155,000

$341,000

n.a.

$0

$xxx,xxx

n.a.

xx%

n.a.

n.a.

xx%

n.a.

Competitors

Taco Rico or Taco Works

Taco Rico / Taco Works is a Tex-Mex restaurant franchise offering tacos, burritos, fajitas, chimichangas, salads, and salsa bars, serving families and office crowds, and known for quick counter service, complimentary chips, and approachable, value-focused neighborhood locations.

Franchisees

?

3
+
0%
0%
Investment

?

$155,000 - $341,000

Mike's Red Tacos

Mike's Red Tacos is a fast-casual Mexican franchise offering birria tacos, quesadillas, and shareable plates, serving flavor-driven diners and late-night crowds, and known for richly stewed meats, vibrant red tortillas, lively branding, and roots in San Diego’s taco culture.

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$640,000 - $1,988,000

Mucho Burrito

Mucho Burrito is a fast-casual Mexican restaurant franchise offering burritos, bowls, tacos, and catering, serving lunch and dinner guests seeking bold flavors, and known for fresh-prepared ingredients, customizable entrees, and a contemporary brand backed by strong training and support.

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$470,000 - $925,000

District Taco

District Taco is a fast-casual Mexican franchise offering made-to-order tacos, bowls and margaritas, serving lunch and dinner crowds, and known for fresh ingredients, bold regional flavors and franchise growth momentum.

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$734,000 - $1,458,000

Chronic Tacos

Chronic Tacos is a fast-casual franchise offering customizable tacos, burritos, bowls, and Mexican favorites, serving lunch and late-night diners, and known for fresh ingredients, made-to-order prep, and a laid-back California vibe.

Franchisees

?

29
+
-36%
-36%
Investment

?

$284,000 - $884,000

Taco Cabana

Taco Cabana is a fast-casual Mexican restaurant franchise serving tacos, fajitas, and freshly prepared salsas in a relaxed, colorful setting.

Franchisees

?

6
+
0%
0%
Investment

?

$1,267,000 - $2,776,000

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