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On the Border Mexican Grill & Catina

On the Border Mexican Grill & Catina

On the Border Mexican Grill & Cantina franchises full-service casual dining restaurants featuring Mexican and Tex-Mex food, a full-service bar, and off-premises services like catering and delivery. The business model involves single-unit franchises and area development rights agreements, with standardized operations, design, recipes, and support provided by the franchisor. It targets adults aged 18-60 in high-traffic metropolitan and suburban areas near offices, malls, and shopping centers.

Since 1996Food & BeverageIrving, TXBorder Holdings LLCwww.ontheborder.com
2024 FDDItem 19 AvailableSBA Loan Data

Disclaimer: This information was extracted using AI from public Franchise Disclosure Documents and should be independently verified. This is not financial or legal advice. Always review official FDD filings before making investment decisions.

Overview

Investment
$2,932,800 - $5,058,000
Franchise Fee
$30,000
Locations
25

Financial Requirements

Franchise Fee$30,000
Initial Investment Range$2,932,800 - $5,058,000
Royalty Rate4.00%
Brand Fund2.00%
Fixed Monthly Fees$445 - $445

4% royalty + 2% marketing fund + $445/mo fixed fees (loyalty program, technology, learning management system, catering call center).

Franchise Stats

Franchise Locations25
Corporate Locations109
States Operating11
Franchising Since1996
FDD Year2024

Financial Performance

Item 19 Financial Performance

Average Gross Revenue
$2,536,791
Median Gross Revenue
$2,307,242

Data Based On: 7 U.S. conventional dine-in franchisee locations reporting gross sales for fiscal year 2023.

* Data extracted from the '2023 Reported Gross Sales' table for U.S. Franchisee Owned and Operated Locations (conventional dine-in) on page 9. The document explicitly states that franchisees do not report information regarding the costs and expenses relating to operating their franchise locations, therefore, profit and EBITDA related metrics cannot be provided or estimated.

Extracted Item 19 Section

How On the Border Mexican Grill & Catina Compares to Other Casual Dining Franchises

Key Insights

  • Higher investment than 86% of Casual Dining franchises
FranchiseInvestment RangeFranchise FeeRoyaltyLocations
On the Border Mexican Grill & Catina
Current
$2.9M - $5.1M$30K4.0%25
IHOP & INTERNATIONAL HOUSE OF PANCAKES$1.8M - $4.5M$69KN/A1,703
BUFFALO WILD WINGS$2.5M - $4.9M$25K5.0%538
GOLDEN CORRAL STEAKS, BUFFET & BAKERY$2.1M - $8.5M$50K4.0%352
GOLDEN CORRAL$2.2M - $8.7M$50K4.0%348
ORIGINAL PANCAKE HOUSE (THE)$483K - $1.7M$60K2.0%146
Casual Dining Average
43 franchises
$1.6M - $3.6M$44K4.6%-

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 43 Casual Dining franchises by location count.

Locations & Growth

Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2023)

Outlets by state across the United States

Top States by Outlet Count
1KR
14
2CA
3
3TX
2
4NE
1
5NV
1
6SD
1
7AK
1
8CO
1
9FL
1
10MD
0

SBA Loan History

Historical SBA 7(a) loan data for On the Border Mexican Grill & Catina franchisees (2010 - 2012)

Total Loans
5
Average Loan Amount
$266,300
Total Loan Volume
$1,331,500
Default Rate
0.0%

Loans by Year

* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.

Franchisee Contacts

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Due Diligence

Litigation (Item 3)

Franchisee Litigation Cases0

No litigation involving franchisees reported in the FDD.

Bankruptcy (Item 4)

Bankruptcy HistoryNo

No bankruptcy history reported in the FDD.

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired by Franchisor
0
Ceased Operations (Other)
0
System Transfers
0
Sold to Franchisees
0
Projected New Franchises
1

Frequently Asked Questions

How much does it cost to open a On the Border Mexican Grill & Catina franchise?

The total initial investment to open a On the Border Mexican Grill & Catina franchise ranges from $2,932,800 to $5,058,000. This includes a franchise fee of $30,000. Ongoing royalty fees are 4.0% of gross sales.

How much revenue does a On the Border Mexican Grill & Catina franchise make?

According to the 2024 FDD, the average gross revenue for a On the Border Mexican Grill & Catina franchise is $2,536,791. The median revenue is $2,307,242.

How many On the Border Mexican Grill & Catina franchise locations are there?

As of the 2024 FDD, On the Border Mexican Grill & Catina has 25 franchise locations. The company has been franchising since 1996.

Can you get an SBA loan for a On the Border Mexican Grill & Catina franchise?

Yes, SBA loans are available for On the Border Mexican Grill & Catina franchises. Historical data shows 5 SBA 7(a) loans have been approved for On the Border Mexican Grill & Catina franchisees, with an average loan amount of $266,300. The historical default rate is 0.0%.

Is On the Border Mexican Grill & Catina a good franchise to buy?

On the Border Mexican Grill & Catina shows several positive indicators: transparent financial performance data (Item 19), low SBA loan default rate. However, franchise success depends on many factors including location, local market conditions, and owner involvement. We recommend speaking with existing franchisees and consulting with a franchise attorney before making a decision.

Interested in On the Border Mexican Grill & Catina?

Talk to a franchise advisor to get personalized guidance and learn if On the Border Mexican Grill & Catina is the right fit for you.

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