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    Pancheros

    Franchise research report · reviewed 2026 disclosure data

    Researching Pancheros franchise opportunities? Every figure below is cited to the FDD.

    Reviewed sources

    Pancheros franchise specializes in fresh Mexican cuisine, particularly known for its mission-style burritos made with freshly pressed tortillas and mixed ingred

    Headline figures

    Quick facts

    How much does it cost to open a Pancheros franchise?
    The Pancheros Franchise Disclosure Document reports separate estimated initial investments by format: $754,500 for nds (3 months) 1 4 $2 5,000 - $ 150 ,000 as arranged as incurred you determine total — 754500 (2026 FDD, Item 7, PDF p. 19); $769,500 for anchise agreement see item 7 chart above for franchise agreement total (notes 1 & 2) — 769500 (2026 FDD, Item 7, PDF p. 22). These formats are not combined. Each is the franchisor's disclosed estimate, not a quote. Details
    What is the Pancheros initial franchise fee?
    The disclosed initial franchise fee for a standard single unit is $30,000 (2026 FDD, Item 5, PDF p. 11). Other fee options (for example multi-unit or conversion) are listed separately in the report. Details
    What ongoing fees does Pancheros charge?
    The disclosed ongoing royalty is $5 (2026 FDD, Item 6, PDF p. 12). The brand or advertising fund contribution is $3 (2026 FDD, Item 6, PDF p. 12). Other recurring fees are listed in Item 6. Details
    Does Pancheros disclose financial performance (Item 19)?
    Yes. The Pancheros FDD includes an Item 19 financial performance representation (2026 FDD, Item 19, PDF p. 52). Figures apply only to the locations and period each one covers. Details
    How many Pancheros locations are there?
    The FDD reports 146 outlets at the end of 2025 (2026 FDD, Item 20, PDF p. 54). Existing locations do not indicate territory availability. Details

    From reviewed FDD figures only. Not a recommendation or projection.

    What the disclosures show

    1. 1The 2026 FDD (Item 7) estimates opening costs separately by format: $754,500 (nds (3 months) 1 4 $2 5,000 - $ 150 ,000 As Arranged As Incurred You Determine TOTAL — 754500); $769,500 (anchise Agreement See Item 7 Chart above for Franchise Agreement TOTAL (Notes 1 & 2) — 769500); several initial fee options apply.
    2. 2Item 19 covers 9 separate groups: other measures for 24 Affiliate locations; other measures for 24 Affiliate locations; other measures for 24 Affiliate locations; other measures for locations; other measures for 71 All locations; other measures for 43 Franchised locations; other measures for 47 Franchised locations; other measures for 24 locations; other measures for 67 All locations. They are not combined.
    3. 3Outlets declined by 6 in 2025, to 146 (United States, as labeled in the FDD, Item 20).

    From reviewed FDD figures only. Not a recommendation or projection.

    Costs · Items 5–7

    What does it cost to open?

    Estimated opening costs and the fees payable to the franchisor.

    Startup Investment — Item 7

    Range across 2 single-unit formats

    2026 FDD · Item 7

    Formats disclosed in Item 7 (2)

    Each format has its own total. The total depends on the format you choose.

    • nds (3 months) 1 4 $2 5,000 - $ 150 ,000 As Arranged As Incurred You Determine TOTAL — 754500PDF p. 19$754,500
    • anchise Agreement See Item 7 Chart above for Franchise Agreement TOTAL (Notes 1 & 2) — 769500PDF p. 22$769,500

    Standard single-unit franchise fee

    2026 FDD · Item 5 · PDF p. 11
    Discounted and multi-unit options are separate; see all fees.

    Ongoing Fees — Item 6

    Selected recurring charges; payment bases and conditions remain attached to each fee.

    OTHER FEES Franchise Agreement Type of Fee 1 Amount Due Date Remarks Royalty Fee 13 — 5%Main ongoing fee

    33 reported fees, each with its payment basis, are listed below; they haven't been sorted into recurring, initial and occasional groups yet.

    Financial Performance — Item 19

    What results are disclosed—and for which locations?

    9 separate populations, shown apart. Revenue is not owner income.

    Locations counted: not stated in the reviewed record

    Other measures · 24 locations

    Who is counted
    Affiliate threefullcalendar2023–25
    Period
    Median Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 24 locations

    Who is counted
    Affiliate full2025
    Period
    Average Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 24 locations

    Who is counted
    24affiliate restaurants full2025; commonbackoffice/costcalculation
    Period
    Low Paper Cost Percentage
    Excluded
    No franchise; one renovationexcluded; excludeslabor/rent/utilities/royalty/training/someadvertising/tariffs
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures

    Who is counted
    Met/exceeded groups identified by note; Table1Notes2–4/Table2Notes6–8
    Period
    1448445.74
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 71 locations

    Who is counted
    All full2025
    Period
    High Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 43 locations

    Who is counted
    Franchised threefullcalendar2023–25
    Period
    Average Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 47 locations

    Who is counted
    Franchised full2025
    Period
    Median Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    Locations counted: not stated in the reviewed record

    Other measures · 24 locations

    Who is counted
    24affiliate full2025

    Locations counted: not stated in the reviewed record

    Other measures · 67 locations

    Who is counted
    All threefullcalendar2023–25
    Period
    Median Gross Sales
    Excluded
    One affiliateclosedforrenovation2024/25excluded; separatefull2025andthreefullyears2023–25
    Method
    Grosssales excludes tax/documentedrefundcredits; royalty/advertising/operatingcostsnotdeducted; sourceTable2totals/averages preserved withoutcalculation.

    These groups are never combined.

    Outlet Changes — Item 20

    How has the outlet count changed?

    United States, as labeled in the FDD · counts as of 2025 of each year.

    2026 FDD · Item 20 · PDF p. 54

    Net −2 outlets, 2023–2025

    0148202315220241462025+4−6

    Year-end counts reported in Item 20. The scale starts at zero, so the line looks nearly flat; the labels between the dots show each year's change. Openings and closures for 2025 haven't been pulled from the Item 20 tables yet, so no turnover or churn is shown.

    Questions to investigate

    Prompts based on what this brand's reviewed disclosures do and don't show — not conclusions. Join free as a member to save questions to your research.

    For the franchisor

    • Which line items in the 2026 Item 7 estimate ($754,500 – $769,500) vary most by market, and why?

    • Which initial fee option would apply to my situation, and what conditions or discounts affect it?

    • Which locations are included in the Item 19 figures, and which were excluded?

    • Reported units decreased from 152 to 146 in 2025. What drove the change?

    • Is a territory available in my area, and how is it defined in my agreement?

    For current and former owners

    • How did your actual startup costs and timeline compare with the Item 7 estimate?

    • How many hours a week do you work in the business, and in what role?

    • How do your results compare with the Item 19 figures, and what explains the difference?

    • What support from the franchisor has been most and least useful?

    For your advisors

    • Ask a franchise attorney to review the territory, renewal, transfer and termination terms.

    • Ask an accountant to build a cash-flow plan using your own assumptions, not the franchisor's.

    Sources & vintage history

    Every displayed fact is retained with its disclosure vintage, item, page, and reviewed status. Prior vintages remain on file rather than being overwritten.

    Citations (2026 FDD)

    1. [1]Standard initial franchise fee — Item 5 · PDF p. 11
    2. [2]Item 19 — Locations counted not stated in the reviewed record — Affiliate threefullcalendar2023–25 · PDF p. 52
    3. [3]Item 19 — Locations counted not stated in the reviewed record — Affiliate full2025 · PDF p. 51
    4. [4]Item 19 — Locations counted not stated in the reviewed record — 24affiliate restaurants full2025; commonbackoffice/costcalculation · PDF p. 53
    5. [5]Item 19 — Locations counted not stated in the reviewed record — Met/exceeded groups identified by note; Table1Notes2–4/Table2Notes6–8 · PDF p. 52; PDF p. 51
    6. [6]Item 19 — Locations counted not stated in the reviewed record — All full2025 · PDF p. 51
    7. [7]Item 19 — Locations counted not stated in the reviewed record — Franchised threefullcalendar2023–25 · PDF p. 52
    8. [8]Item 19 — Locations counted not stated in the reviewed record — Franchised full2025 · PDF p. 51
    9. [9]Item 19 — Locations counted not stated in the reviewed record — 24affiliate full2025 · PDF p. 53
    10. [10]Item 19 — Locations counted not stated in the reviewed record — All threefullcalendar2023–25 · PDF p. 52
    11. [11]Outlet counts — Item 20, Table 1 · PDF p. 54

    "PDF p." is the page in the PDF file; "printed p." is the number printed on the FDD page. Source document: FDD

    Territory & operations

    57 addresses in Franopolis's imported location list. Coverage may differ from Item 20 outlet counts.

    These are contract disclosures, not confirmation that any territory is currently available.

    Franchisor financial statements

    No verified franchisor financial statement figures have been reviewed yet.

    SBA-backed loans to franchisees

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    Source: U.S. Small Business Administration 7(a) & 504 FOIA data. Loan volume is not a measure of franchisee success.

    At a glance

    Business history

    Not reviewed

    Owner participation

    Not reviewed

    Territory language

    Litigation disclosure

    Not reviewed

    Bankruptcy disclosure

    Not reviewed

    Agreement term

    Not reviewed

    Independent analysis of franchisor-provided data. Not investment advice. Franopolis does not distribute FDDs.