On the Border Mexican Grill & Catina

Item 7 in the 2024 FDD pegs total investment at $2,932,800-$5,058,000 for a full-service restaurant with standardized Mexican/Tex-Mex recipes, bar, and off-premise options like delivery. The $30,000 franchise fee kicks off ongoing costs: 4% royalty on gross sales, 2% brand/ad fund, plus $445 monthly fixed fees for loyalty tech, LMS, and catering support. With only 25 franchised units versus 109 corporate, the system's health shows +9% growth (23 to 25 locations from 2022-2023), but just 1 projected new unit signals cautious expansion—terminations and transfers aren't detailed, but the small footprint means less saturation risk in metro/suburban targets near offices and malls.

Item 19 shines here, disclosing average gross revenue of $2,536,791 and median $2,307,242 across those 25 units, painting a high-volume picture for casual dining where bars boost checks. Five SBA loans averaging $266,300 suggest accessible financing for qualified buyers, though the massive upfront capital demands deep pockets or partners. For adults 18-60 craving Tex-Mex, this could yield strong returns if you nail high-traffic execution, but the corporate-heavy model might limit multi-unit momentum compared to peers—crunch these against your risk tolerance.