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Taco Rico or Taco Works Franchise FDD, Costs & Fees (2026)

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.
Upgrade

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

The initial investment required for a Taco Rico or Taco Works franchise is $155,000 - $341,000. That is the total cost you would need to finance 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

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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

Below is Taco Rico or Taco Works's 2025 Franchise Disclosure Document. Upgrade to Pro or purchase the FDD to view and download the document.

Number of units

Taco Rico or Taco Works had 7 total units in 2025, of which 3 were franchised-owned and 4 company-owned.

Frequently Asked Questions

Competitors

Below are some of

Taco Rico or Taco Works

key competitors in the

Mexican

sector.

Franchise
Franchisees
Royalty fee
Total investment
Revenue
Upgrade
EBITDA
Upgrade

3

New
+
0%
0%

5.00%

$155,000

-

$341,000

$0

n.a.

$xxx,xxx

n.a.

xx%

n.a.

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's key competitors in the Mexican sector.

Taco Rico or Taco Works

Franchisees

?

3
+
0%
0%
Investment

?

$155,000 - $341,000
Revenue

?

Upgrade

Mike's Red Tacos

Franchisees

?

0
+
n.a.
n.a.
Investment

?

$640,000 - $1,988,000
Revenue

?

Upgrade

Mucho Burrito

Franchisees

?

1
+
n.a.
n.a.
Investment

?

$470,000 - $925,000
Revenue

?

Upgrade

District Taco

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$734,000 - $1,458,000
Revenue

?

Upgrade

Chronic Tacos

Franchisees

?

29
+
-36%
-36%
Investment

?

$284,000 - $884,000
Revenue

?

Upgrade

Taco Cabana

Franchisees

?

6
+
0%
0%
Investment

?

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

?

Upgrade

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