Franchise opportunities compared

    Mikes Red Tacos vs MN Filing 35546-202603-05

    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.

    Before you compare

    • Both sets of figures come from 2026 FDDs.
    • Mikes Red Tacos discloses more than one business format, so the investment range spans formats; the full report breaks them out.
    • Only Mikes Red Tacos has reviewed Item 19 figures here.
    DisclosureMikes Red TacosMFMN Filing 35546-202603-05
    Financial commitment
    Estimated initial investment (Item 7)
    $594,550 – $1,988,000
    2026 FDD · Item 7
    $318,075 – $2,258,500
    Total estimated expenditures
    2026 FDD · Item 7 · PDF p. 18
    Standard initial franchise fee (Item 5)
    Not available
    No single standard fee identified
    Not available
    No single standard fee identified
    Royalty (Item 6)
    3%
    creased to 4 % of weekly Gross Sales) Same as Continuing Royalty You must contribute — 3%
    2026 FDD · Item 6 · PDF p. 14
    Not available
    No reviewed royalty record
    Brand / advertising fund (Item 6)
    $170
    {00199195.DOC. } 6 [ 2026 FDD v1F ] operations and marketing fee (currently — 170
    2026 FDD · Item 6 · PDF p. 13
    Not available
    No reviewed brand or advertising fund fee
    System scale & health
    Total outlets (Item 20)
    4
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 65
    29
    Outlets at end of 2025
    2026 FDD · Item 20 · PDF p. 40
    Net outlet change (Item 20)
    +2
    Calculated: 2 at end of 2023 → 4 at end of 2025
    −1
    Calculated: 30 at end of 2023 → 29 at end of 2025
    Outlet exits (Item 20)
    Not available
    No complete exit records for a year
    Not available
    No complete exit records for a year
    Franchising since (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Franchisor founded (Item 1)
    Not available
    Not in reviewed records
    Not available
    Not in reviewed records
    Performance (Item 19)
    Financial performance (Item 19), by location group
    Locations counted not stated in the reviewed record — Affiliate Location 2
    $3,775,315
    other Affiliate Location 2 · 2026 FDD · Item 19 · PDF p. 64
    Locations counted not stated in the reviewed record — Affiliate Location 1
    $3,328,866
    other Affiliate Location 1 · 2026 FDD · Item 19 · PDF p. 64
    No reviewed Item 19 figures

    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.

    Mikes Red Tacos vs MN Filing 35546-202603-05: common questions

    Which costs less to open, Mikes Red Tacos or MN Filing 35546-202603-05?
    Mikes Red Tacos: $594,550 – $1,988,000 (2026 FDD · Item 7); MN Filing 35546-202603-05: $318,075 – $2,258,500 (2026 FDD · Item 7 · PDF p. 18). These are each franchisor's Item 7 estimated initial investment. The low end of the disclosed estimate is lower for MN Filing 35546-202603-05. At least one range spans several business formats. Estimates are not quotes, and the FDD years may differ.
    Which has more locations, Mikes Red Tacos or MN Filing 35546-202603-05?
    Mikes Red Tacos: 4 (2026 FDD · Item 20 · PDF p. 65); MN Filing 35546-202603-05: 29 (2026 FDD · Item 20 · PDF p. 40). Total outlets from Item 20. Outlet counts do not indicate territory availability or franchisee results.
    Do Mikes Red Tacos and MN Filing 35546-202603-05 disclose financial performance (Item 19)?
    Mikes Red Tacos has reviewed Item 19 figures for 2 location groups; MN Filing 35546-202603-05 has no reviewed Item 19 figures on file. 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