Franchise opportunities compared

    Mike’s Red Tacos Restaurant ( s ) vs Paris Banh Mi

    Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.

    Initial investment · Item 7

    Mike’s Red Tacos Restaurant ( s )

    $619,800 – $1,953,000

    2025 FDD · Item 7 · PDF p. 22

    Paris Banh Mi

    $478,000 – $828,000

    2026 FDD · Item 7 · PDF p. 15

    Initial franchise fee · Item 5

    Mike’s Red Tacos Restaurant ( s )

    $40,000

    2025 FDD · Item 5 · PDF p. 11

    Paris Banh Mi

    $60,000

    2026 FDD · Item 5 · PDF p. 11

    Royalty · Item 6

    Mike’s Red Tacos Restaurant ( s )

    5%

    2025 FDD · Item 6 · PDF p. 13

    Paris Banh Mi

    Not available

    Before you compare

    • Mike’s Red Tacos Restaurant ( s ) figures come from its 2025 FDD and Paris Banh Mi figures from its 2026 FDD, so the years differ.
    • Only Mike’s Red Tacos Restaurant ( s ) has reviewed Item 19 figures here.

    Financial commitment

    Estimated initial investment (Item 7)

    Mike’s Red Tacos Restaurant ( s )

    $619,800 – $1,953,000
    Total Estimated Initial Investment
    2025 FDD · Item 7 · PDF p. 22

    Paris Banh Mi

    $478,000 – $828,000
    TOTAL ESTIMATED INITIAL INVESTMENT — $478,000–$828,000
    2026 FDD · Item 7 · PDF p. 15
    Standard initial franchise fee (Item 5)

    Mike’s Red Tacos Restaurant ( s )

    $40,000
    2025 FDD · Item 5 · PDF p. 11

    Paris Banh Mi

    $60,000
    2026 FDD · Item 5 · PDF p. 11
    Royalty (Item 6)

    Mike’s Red Tacos Restaurant ( s )

    5%
    Continuing royalty
    2025 FDD · Item 6 · PDF p. 13

    Paris Banh Mi

    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)

    Mike’s Red Tacos Restaurant ( s )

    $170
    Technology, operations and marketing fee
    2025 FDD · Item 6 · PDF p. 12

    Paris Banh Mi

    Not available
    No reviewed brand or advertising fund fee

    System scale & health

    Total outlets (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    2
    Outlets at end of 2024
    2025 FDD · Item 20 · PDF p. 59

    Paris Banh Mi

    Not available
    No reviewed outlet counts
    Net outlet change (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    +1
    Calculated: 1 at end of 2022 → 2 at end of 2024

    Paris Banh Mi

    Not available
    Only one year reported
    Outlet exits (Item 20)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    No complete exit records for a year

    Paris Banh Mi

    Not available
    No complete exit records for a year
    Franchising since (Item 1)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    Not in reviewed records

    Paris Banh Mi

    Not available
    Not in reviewed records
    Franchisor founded (Item 1)

    Mike’s Red Tacos Restaurant ( s )

    Not available
    Not in reviewed records

    Paris Banh Mi

    Not available
    Not in reviewed records

    Financial performance (Item 19), by location group

    MRMike’s Red Tacos Restaurant ( s )
    Locations counted not stated in the reviewed record
    $2,963,621
    other Gross Sales
    2025 FDD · Item 19 · PDF p. 58
    Paris Banh Mi

    Not disclosed — no Item 19 financial performance representation

    Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.

    Mike’s Red Tacos Restaurant ( s ) vs Paris Banh Mi: common questions

    Which costs less to open, Mike’s Red Tacos Restaurant ( s ) or Paris Banh Mi?
    Mike’s Red Tacos Restaurant ( s ): $619,800 – $1,953,000 (2025 FDD · Item 7 · PDF p. 22); Paris Banh Mi: $478,000 – $828,000 (2026 FDD · Item 7 · PDF p. 15). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for Paris Banh Mi. Estimates are not quotes, and the FDD years may differ.
    Do Mike’s Red Tacos Restaurant ( s ) and Paris Banh Mi disclose financial performance (Item 19)?
    Mike’s Red Tacos Restaurant ( s ) has reviewed Item 19 figures for 1 location group; Paris Banh Mi makes no Item 19 financial performance representation. Different location groups are not directly comparable, and revenue is not profit.

    Answers restate the reviewed figures above. Not a ranking or recommendation.

    How Franopolis reviews FDD figures

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