Basics of a Del Taco Franchise
If you’re thinking about buying a Del Taco franchise, there are many things to consider before signing on the dotted line. Becoming a Del Taco franchisee is not a guarantee of success, but rather a blueprint that can assist you in achieving success. Given the correct market conditions, skills and dedication, being a Del Taco franchisee might be financially rewarding.
Owning a Del Taco franchise is a serious commitment and works best when you make a thoughtful, educated decision.
- Just because you love Del Taco’s products or services doesn’t mean that you will be able to successfully operate a Del Taco franchise.
- Being emotionally attached to the idea of becoming a Del Taco franchisee is not a state of mind in which you can effectively evaluate an opportunity.
- Your positive experience as a customer of Del Taco should not form the basis for deciding to become a franchisee.
As an example, just because you love Big Macs doesn’t mean that you should become a McDonald’s franchisee.
Are you looking for some free resources to help you determine if a Del Taco franchise is for you?
Del Taco Due Diligence
You must conduct smart due diligence and determine from a business perspective whether owning a Del Taco franchise is right for you.
If you truly want own a Del Taco franchise, get all the information you can from Del Taco and secure a qualified advisor who has experience helping people like you purchase franchises.
You may also want find that gaining a better understanding of the terms related to franchising would be helpful. If so, you may want to visit A Glossary of Franchise Terms.
Make sure that owning a Del Taco franchise fits in with both your skills and life style objectives. If you don’t want to work evening and weekends, don’t purchase an ice cream shop. If you’re an introvert, don’t buy a franchisee that requires you to be extroverted.
Are you interested in more questions to ask Del Taco franchisor, Del Taco franchisee, or even yourself? Get to know the terms.
Del Taco Franchise Disclosure Document
Carefully read the Del Taco Franchise DisclosureDocument (Also known as an FDD). They can be intimidating.
As you are reviewing Del Taco’s Franchise Disclosure Document you will have a number of calls with Del Taco’s franchise team before you will be allowed to call Del Taco franchisees.
When you are allowed to call Del Taco franchisees make sure you speak to at least five to eight franchisees. You will find that most Del Taco franchisees will be honest and unbiased about Del Taco. If you would like more information on how to dissect a Del Taco FDD consider the following resources:
Does a Del Taco Franchise Make Money?
A critical part of your due diligence is to build an estimated P&L (profit and loss statement) and see what the numbers might look like if you become a Del Taco franchisee. Reading Chapter 13 of The Educated Franchise teaches you the secrets of this key step.
The decision making tools in Chapter 15 of The Educated Franchise and in Step 13 of The Franchisee Workbook shows you how to honestly evaluate whether or not buying a Del Taco franchise is the right move for you.
If you’re serious about becoming a Del Taco all franchisee and want to explore owning a Del Taco franchise, take the best first step you can and grab your copy of The Educated Franchise today!