Pancheros Mexican Grill
Food: Quick-Service Restaurants → Mexican Food
Fresh-Pressed Tortillas, Proven Results
Own a fast-casual franchise with over 30 years of growth, $1.66M average unit volume, and fiercely loyal customers.
AUV$1.66Mfrom the brand’s own disclosures
Total units76from the brand’s own disclosures
Brand overview
Founded in 1992 in Iowa City, Pancheros Mexican Grill built its reputation on fresh-Mex cuisine and handmade dough pressed into golden-brown tortillas to order. The menu features customizable burritos, bowls, salads, and tacos, all perfectly mixed so every bite includes every ingredient. Guided by simplicity and hardworking Midwestern values, the brand has spent over three decades expanding beyond its college-town roots while keeping its founder at the helm as president.
Availability
We are currently accepting inquiries in these states:
AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY
Why choose
Pancheros offers a proven, simple business model with an average unit volume of $1.66M across qualifying restaurants. Over 970,000 loyalty members drive strong traffic in-restaurant, in-app, and online, with a 27% loyalty participation rate that more than doubles the fast-casual benchmark. Digital sales account for 31.5% of revenue, and franchisees benefit from authentic corporate support that goes above and beyond, maintaining a collaborative small-town feel even after 30 years.
Revenue Potential & Investment Requirements
AUV
$1.66M
Average sales volume of all 67 restaurants in operation for three full calendar years from 2023 to 2025 as reported in Item 19 of our 2026 Franchise Disclosure Document. There is no guarantee you will make as much.
- Total investment
- $500,000–$1,000,000
- Franchise fee
- $30,000
- Cash Required
- $500,000
- Net worth
- $1,000,000
Growth Trends
Training & support
The franchise provides industry-leading training and highly responsive corporate support. Franchisees consistently praise the hands-on assistance they receive from the corporate team, ensuring you can run a from-scratch restaurant without starting from scratch yourself.
Ideal candidate
Pancheros seeks entrepreneurial individuals who want to put their spirit to work. Ideal candidates are committed to the brand and business model, and value hardworking Midwestern principles and teamwork.