About Fajita Pete's Franchise
Fajita Pete's is a Texas based restaurant franchise specializing in fajitas and Tex Mex cuisine, operated by Fajita Pete's Franchising LLC since its organization in 2010.
With a franchise fee of $40,000, the brand focuses on delivering authentic, made to order fajitas through a streamlined restaurant concept that emphasizes delivery and catering alongside dine in and takeout service.
The Fajita Pete's model stands out in the Tex Mex restaurant space with its laser focus on fajitas as the signature offering.
Fajita Pete's Franchise Cost & Fees
Minimum Investment
$195K
Average Investment
$389K
Maximum Investment
$583K
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $40,000 | One-time payment upon signing |
| Royalty Fee | 5.5% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | Any amount that you are required to contribute to us toward the marketing fund i | National brand fund |
| Total Investment Range | $194,500 – $582,700 | Includes build-out, inventory, working capital |
The investment range of $195K–$583K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (5.5% of Gross Sales) and marketing fee (Any amount that you are required to contribute to us toward the marketing fund i) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee (Note 2) | $40,000 | $40,000 |
| Lease (first 3 months rent), Utility & Security Deposits (Note 3) | $10,000 | $13,700 |
| Business Licenses and Permits (Note4) | $3,000 | $8,500 |
| Construction Drawing/Architect/Engineeri ng Fees (Note 5) | $4,500 | $10,000 |
| Leasehold Improvements (Note 6) | $56,000 | $325,000 |
| Furniture, Fixtures and Equipment (Note 7) | $45,000 | $105,000 |
| Point-of-Sale Equipment and Computer (Note 8) | $500 | $2,000 |
| Professional Fees (Note 9) | $500 | $7,500 |
| Initial Inventory of Food, Beverages and Supplies (Note 10) | $3,000 | $10,000 |
| Insurance Deposit (Note 11) | $1,000 | $8,000 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | 50% of then current initial franchise fee for a Fajita Pete’s Business franchise |
| Renewal Fee | 50% of then current initial franchise fee for a Fajita Pete’s Business franchise |
| Technology Fee | $125 |
| Audit Fee | Payable if 2% or more discrepancy in amounts owed or if you fail to submit requi |
| Additional on- site training and assistance | $500.00 |
| Charges for “mystery shopper” quality control program | $1,500 |
| Development Schedule Extension Fee | $5,000 |
| Lease (first 3 months rent), Utility & Security Deposits (Note 3) | $10,000 |
| Business Licenses and Permits (Note4) | $3,000 |
| Construction Drawing/Architect/Engineeri ng Fees (Note 5) | $4,500 |
| Leasehold Improvements (Note 6) | $56,000 |
| Furniture, Fixtures and Equipment (Note 7) | $45,000 |
| Professional Fees (Note 9) | $500 |
| Initial Inventory of Food, Beverages and Supplies (Note 10) | $3,000 |
| Insurance Deposit (Note 11) | $1,000 |
| Training Expenses (Note 12) | $3,000 |
| Additional Funds (Note 14) | $25,000 |
| TOTAL ESTIMATED INITIAL INVESTMENT (exclusive of real estate costs) | $194,500 |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | Section 2.9 of the Franchise Agreement |
| Termination for Cause | We may terminate the Franchise Agreement only upon written notice to you. We may terminate the Area Development Agreement only upon written notice to you. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Fajita Pete's Franchise Earnings — Item 19
Average Revenue
$764K
Median Revenue
$734K
Past financial performance does not guarantee future results. Individual results will vary.
Fajita Pete's Litigation & Risk Flags
Clean Litigation RecordFajita Pete's has no pending litigation actions listed in their FDD. There is also no bankruptcy history disclosed.
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Fajita Pete's System Growth
Total Units
16
Franchised
16
Company-Owned
0
Fajita Pete's currently operates 16 franchised locations and 0 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2020 | 0 | 0 | |
| 2020 | 0 | 0 | |
| 2020 | 7 | 16 | |
| 2020 | 7 | 16 | |
| 2021 | 0 | 0 | |
| 2021 | 1 | 0 | |
| 2021 | 6 | 23 | |
| 2021 | 7 | 23 | |
| 2022 | 2 | 2 | |
| 2022 | 0 | 1 | |
| 2022 | 8 | 28 | |
| 2022 | 10 | 30 |
Fajita Pete's Franchise — FAQ
The total investment to open a Fajita Pete's franchise ranges from $194,500 to $582,700, per their Franchise Disclosure Document. This includes the initial franchise fee of $40,000. The investment covers build-out, inventory, equipment, signage, working capital, and other startup costs.
Fajita Pete's charges a royalty fee of 5.5% of Gross Sales of gross sales, plus a Any amount that you are
required to contribute to us
toward the marketing fund i contribution to the marketing/advertising fund. These fees are paid on an ongoing basis.
You can download the Fajita Pete's Franchise Disclosure Document free on this page. The FDD is a public document filed with state franchise registries. Always also request the current FDD directly from Fajita Pete's to ensure you have the most up-to-date version.
According to the Item 19 financial performance representation in their FDD, Fajita Pete's franchise owners report average revenue of $764K and median revenue of $734K. Past performance does not guarantee future results.
Fajita Pete's has been offering franchise opportunities. The FDD shows an investment range of $194,500-$582,700, a 5.5% of Gross Sales royalty, and includes an Item 19 earnings disclosure. There is no pending litigation. Review the full FDD and contact current franchisees listed in Item 20 before making any investment decision.
The franchise fee is $40,000 and the total investment ranges from $194,500 to $582,700 depending on location size and market. Contact the franchisor directly for current net worth and liquid capital requirements, territory availability, and application details.
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Data Source & Disclaimer: This website is for informational purposes only. It is not an offer to sell or buy a franchise. This profile is based on publicly available FDD data sourced from state franchise registry filings. All information is for research purposes only and does not constitute legal, financial, or investment advice. Data may be outdated or contain errors. Always obtain the current FDD directly from Fajita Pete's and consult a qualified franchise attorney before making any investment decision. FranchiseOverview.com is operated by Franchising Compliance, LLC and is not affiliated with Fajita Pete's or any of its subsidiaries. To report an inaccuracy: info@franchiseoverview.com