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TacoTime first said, “Hola, Canada” in 1978 when Jim Penny opened the first store in Lethbridge, Alberta. You’ll now find 124 franchises across Canada. MTY Food Group, a Canadian company, acquired TacoTime Canada in 2008 and now operates 28 fast food concepts.

We’ve built our business on authentic food and friendly service! TacoTime fans know Vicente, the voice of TacoTime, but did you know Vicente moved to Canada from Mexico in 1999. Feeling homesick he visited TacoTime and soon joined the Team. Vicente continues helping TacoTime keep it real as a Regional Manager for our chain!

Amigos, TacoTime is dedicated to quality ingredients and special extras that are rare in fast food chains…like starting each day with slicing fresh tomatoes and preparing our original recipe salsa! We use only quality ground beef, real Canadian Cheddar cheese, and hand-stretched tortillas to deliver the fresh taste of Mexico, eh!

Q As a Taco Time franchisee, how much money can I expect to make?

Profitability in TacoTime can depend on many different factors, such as operating costs, rent, what sort of financing terms you may have in place, and most importantly an Owner/Operators ability to run his/her business. With that in mind, it is near impossible to pre-determine what sort of money a franchisee can make.

Q How much is it going to cost me to open my own Taco Time?

We would like to see unencumbered cash of between $ 150,000 - $ 200,000 depending on the concept and the required initial investment
Concept type: Mall – $275,000 - $ 325,000, Drive-Thru - $ 375,000 - $ 425,000, In-line - $ 325,000 – 375,000
Additional locations fee is $ 12,000 per location after the first store.

Q How long is the term on the Franchise Agreement?

The initial Franchise Agreement is for a term of 10 years, with one option to renew for a term of 5 years. Each additional 5 year renewal will require a renewal fee of $ 15,000.00.

Q I am interested in buying an existing TacoTime.

Please look under the Current Opportunities link for all available locations – new and for sale in Canada

Q Is it possible for me to own more than one TacoTime®?

Of course! Many TacoTime franchisees are multi-unit owner/operators.

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November, 2022



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August 26,2019

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