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General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$30,000-$30,000

Investment Range

$463K-$656K

Location units

Total U.S. Locations

11

U.S. Franchised Units

4

U.S. Corporate Units

7

Headquarters (City)

Coral Gables

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2014

Issuance of FDD Data

06/24/2019

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$463K-$656K

Franchise Fee

$30,000-$30,000

What to know about PINCHO franchise?

Pincho Factory Franchise, LLC is a franchisor that offers opportunities to operate a fast casual gastro-pub restaurant. Their concept was built around the foundation of their three core values: fresh flavor and attitude, the company's culture and passion for creating great customer experiences. The restaurant serves a variety of fresh and creative all American and Latin American influenced hamburgers, hot dogs, chicken sandwiches, skewers, pita wraps, rice bowls and salads, as well as other products. PINCHO Restaurants also offer on-premises dining and carry-out. They are committed to providing the best quality food and service to all customers on every location site. Pincho Factory provides their franchisees with access to the Franchisor's expertise and support in order to build their own successful business, their guide to follow Pincho's systems and procedures and more.

PINCHO is based in Coral Gables, FL. Scroll down to learn more!

How much does a PINCHO franchise cost?

Are you wondering how much is a PINCHO franchise? Before starting a PINCHO franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a PINCHO franchise is $463,055 and can go all the way up to $655,500. Keep in mind, you should also allocate additional funds to live off of while the PINCHO business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 PINCHO franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a PINCHO business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your PINCHO franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare PINCHO. Hotels to the Fast Casual Restaurant, Outdoor Food and Beverage industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2016 1 4 0 5
2017 5 2 2 5
2018 5 1 0 4

Additional Details

How much does a PINCHO franchise owner make?

PINCHO franchise earnings and revenue can vary significantly from one franchisee to another.
The PINCHO franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

PINCHO discloses financials at the unit level. In other words, they show how much PINCHO franchisees made in the past. Through analyzing this information available in the metrics tab, it can serve as a good basis to further explore the opportunity or not.

At Vetted Biz, we advise you to speak with 5 to 10 franchisees to understand how much money they are making from the PINCHO franchise. Roughly 60% of franchises disclose financials and it makes the process easier when filtering potential franchise opportunities like PINCHO. Don’t just speak to existing franchisees, call franchisees who have recently left the system and try to find out how much those PINCHO owners were making.

Visit the PINCHO metrics tab to explore the financials for this business.

What is the PINCHO franchise fee?

Owning a PINCHO franchise requires 5% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the PINCHO Franchise Disclosure Document

Keep in mind, there is also an initial PINCHO franchise fee of $30,000 that is included in the initial investment amount of $463,055 to $655,500. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the PINCHO franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the PINCHO franchise fee of $30,000.

Visit the PINCHO metrics tab to explore the financials for this business, royalty and marketing fees compare to other Food and Beverage franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was PINCHO founded?

PINCHO started offering franchises in 2014. PINCHO was founded 8 years ago in 2014.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many PINCHO locations are in the U.S.?

As of 2019, there were 4 locations across the U.S. There are also 7 corporate locations. Most Food and Beverage franchises like PINCHO have more franchised locations than corporate locations.

How many PINCHO franchises opened over the past few years?

Over the prior 3 years we have data for, PINCHO has opened 7 outlets throughout the U.S. Visit the PINCHO metrics tab to explore how the openings compare to other Food and Beverage franchises.

How many PINCHO franchises closed over the past few years?

Over the prior 3 years we have data for, PINCHO has closed 2 outlets throughout the U.S

Visit the PINCHO metrics tab to explore how the openings compare to other Food and Beverage franchises.

Is PINCHO growing? Are they opening more locations than they are closing?

The net unit growth rate for PINCHO over the past 3 years is 300%. Over the last year we have data for, PINCHO had a net unit growth rate of -20%.

Without a comparison, this number doesn’t mean much. Compare how the PINCHO growth rate compares to 2,000+ other franchises and Industry franchises like PINCHO. More info in the PINCHO metrics tab.

Is PINCHO franchise eligible for an SBA Loan?

PINCHO is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

PINCHO franchise was assigned the SBA Franchise ID of S1306 on 10/01/2017. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like PINCHO that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is PINCHO a franchise in the United States?

According to the SBA, PINCHO meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that PINCHO provides you with an FDD if you are in discussion to buy a PINCHO.

What is the PINCHO Franchise for Sale Rate?

The PINCHO systemwide health and franchisee satisfaction can be measured by the PINCHOfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

PINCHO franchise for sale rate over the past 3 years is 18%. Over the last year we have data for, PINCHO had a franchise for sale rate of 50%.

Without a comparison, this number doesn’t mean much. Compare how the PINCHO franchise for sale rate compares to 2,000+ other franchises and Industry franchises like PINCHO. More info in the PINCHO metrics tab.

What is the PINCHO Franchise Failure Rate?

PINCHO franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

PINCHO failure rate over the past 3 years is 50%. Over the last year we have data for, PINCHO had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the PINCHO franchise for sale rate compares to 2,000+ other franchises and Industry franchises like PINCHO. More info in the PINCHO metrics tab.

How can I find out more details on PINCHO franchise?

Visit the PINCHO metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

PINCHO

$559,278

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

PINCHO

5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

PINCHO

$30,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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Franchise Disclosure Document

General

Industry

Food and Beverage

Category

Fast Casual Restaurant

Works with Franchise Brokers

No

Year of Founding

2014

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$30,000-$30,000

Investment Range

$463K-$656K

Location units

Total U.S. Locations

11

U.S. Franchised Units

4

U.S. Corporate Units

7

Headquarters (City)

Coral Gables

Other

Item 19 - Franchise Financials

Yes

E-2 Visa Eligibility

No

Started Offering Franchises

2014

Issuance of FDD Data

06/24/2019

Detailed Franchise metrics for PINCHO

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for PINCHO below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

PINCHO

0%

300%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

PINCHO

NA

18%

Industry median

All franchises median

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Franchise Disclosure Document

Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

PINCHO

NA

50%

Industry median

All franchises median

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Business details

Website

https://pincho.com

Business email

**********@******.com

Mailing address

95 Merrick Way, Suite 500

State headquarters

Florida

Contact Name

PINCHO

Phone

+1 (000) 0********00

City

Coral Gables

Zip code

33134
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