Quesada Mexican Grill: just another over-hyped franchise pump-and-dump development deal?

Let me get this straight: based on 3 years of franchising experience, they’re going to go from 15 to 300 in 5 years? [20 times the size]

Quesada_logo

Franchisors have never been shy about risking other-peoples’-money.

Quesada President Tom O’Neill in QSR magazine called Canadian Mexican Brand Plans to Hit 300 Units in 5 Years:

The company expects to open about 300 franchised restaurants in the next five years. “Our game plan,” says O’Neill, “is to double in
 size every 12 months.”

Double every 12 months? Really? Anybody’s business doubling for 2 years in a row nowadays? And the risk to every franchisee when the franchisor spins out of control?

  • Brutal…all equity gone.

This couldn’t be another pump-and-dump deal that leaves the area developers and their franchisees holding the bag just like Krispy Kreme…Could it? See Burnt to a Crisp on WikiFranchise.org.

Canada Franchise AssociationListing

Quesada Franchising of Canada Corp.
Eat More Burritos
Franchise Fee: $20K
Startup Capital Required: $60K-$75K
Investment Required: $152K-$242K
Available Territories: British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Québec, New Brunswick, Nova Scotia, Prince Edward Island
Training: 2 weeks
Franchise Units Canada: 11
Corporate Units Canada: 4
In Business Since: 2004
Franchising Since: 2010
CFA Member Since: 2010

Source

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8 Responses to Quesada Mexican Grill: just another over-hyped franchise pump-and-dump development deal?

  1. Steve says:

    I totally agree with you, I used to own one location and they are no very helpful an when it comes to the point they try to squeeze every single penny from you. your life will become more measurable after buying this franchise.

    Like

  2. Tom says:

    Personally, I will not recommend this business because their model is to just increase their restaurant number but not looking at franchisee. After opening this business, lost over 70% of the invested capital in 2 years. And when it comes to the point when you selling there is no help at all and they threaten to give notice about default and bankruptcy. It ruin my life for few years when I had this business.

    Like

  3. Laura Dodson says:

    Is there an update? The blog is from a couple of years ago.

    Like

  4. NP says:

    This franchise don’t care about franchisee. Management have only interest to make money by all ways and no support to franchisee at all. Everything is good and well on the paper only. At once you open the store or pay fees than you trapped. I have paid franchise fee and about to open store but I am feeling trapped.

    Like

  5. Brian says:

    Laura, blog is old but they haven’t change there mind set yet. They robed as an we have to file a bankruptcy. In addition, we carry huge amount of debt and our life went upside down.

    Like

  6. Brian says:

    Do not but, unless if you want to die with measurable life.

    Like

  7. Bil Gill says:

    DO not buy this frenchisee, it is scam run buy three person – head of the scammer is COO.
    I lost everything including ny all sevings, house and carry 90,000 debt.

    Like

  8. Major says:

    They are bunch of crooks & they will not let you win.I am a survivor of this nightmare…..look thousand time before you leap.

    Like

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