As a Costa Vida franchisee, you will promote and operate a Costa Vida Fresh Mexican Grill restaurant, which will specialize in the retail sale of burritos, salads, enchiladas, tacos, quesadillas, tropical beverages, desserts, and other menu items and merchandise related to the Costa Vida concept, as we may periodically autho
Company Background
Costa Vida Fresh Mexican Grill offers a franchise opportunity to entrepreneurs who are interested in operating their own restaurant. Costa Vida specializes in the sale of burritos, salads, enchiladas, tacos, quesadillas and other menu items.
Franchise Opportunity
Everyone loves Mexican food, but most of the time it is either too greasy or just not fresh. Costa Vida Fresh Mexicon Grill Restaurants are a new concept in Mexican dining that will make your burritos and other favorites healthier than ever before. Our recipes use only the freshest ingredients to create an experience you'll love! Open a Costa Vida Franchise today and start making fresh Mexican dishes for yourself and your customers. We have everything you need to run a successful restaurant, including training programs, marketing strategies, operational manuals and more. As our franchisee you can join our team of dedicated professionals who work hard every day to help people enjoy great tasting food without all the grease.
Corporate Structure
Costa Vida Management, LLC is a Utah limited liability company that was formed on September 28, 2009. Costa Vida does business under the names “Costa Vida,” “CVM” and “Costa Vida Management.” Their principal business address is 2989 West Maple Loop Drive, Suite #100, Lehi, Utah 84043. Costa Vida, through its predecessor began offering franchises in June 2004.
Investment and Franchisee Fees
The total investment necessary to begin operation of a Costa Vida restaurant is from $659,500 to $1,025,000. This includes from $270,000 to $785,000 that must be paid to the franchisor for the initial franchise fee, and to approved vendors for initial equipment, décor and furniture package, initial supplies and initial marketing collateral. These sums do not include real estate, land or property acquisition or lease costs or deposits, or related costs.
Franchisee Attrition
10 /10
This franchise's rate of attrition in 2023
of 0.00%
was
Lower
than the 2% in the Restaurants (Sit-Down) industry. Generally speaking, a higher rate of attrition represents a less stable franchise system and a lower rate of attrition indicates a more successful system
What's Included in franchise attrition?
We define the franchisee attrition rate as the sum of terminations, re-acquisitions by
franchisor, non-renewals, and ceased operations, divided by the number of outlest at the start of the year.
It is a strong indicator of the strength of the underlying operating model
Employee Contact Database
#
Name
Position
Phone Number
Email Address
Franchise Disclosure Documents
FDD
Effective Date
Distribution of Costa Vida Fresh Mexican Grill Franchisees
Costa Vida Fresh Mexican Grill Franchise System Development in 2017
FAQ
How much investment do I need to start my own Costa Vida Fresh Mexican Grill business?
Franchisees typically require at least
$553,500 to
$1,069,000 investment to get their
Costa Vida Fresh Mexican Grill business started
What are the initial franchise fees for Costa Vida Fresh Mexican Grill?
Franchisees typically need to pay at least
$30,000 in fees directly to
Costa Vida Fresh Mexican Grill in order to earn the right to launch their business
How much money can I make with a Costa Vida Fresh Mexican Grill franchise? What are
the average revenues for a typical Costa Vida Fresh Mexican Grill business?
We haven’t done the math on how much revenue a typical
Costa Vida Fresh Mexican Grill brings in each year. We estimate that other
franchisees in the Food & Beverage industry generate
$0 revenue, so we would expect
Costa Vida Fresh Mexican Grill to generate a similar amount
How long do I need to commit to running a Costa Vida Fresh Mexican Grill unit? What
is my contractual commitment?
Costa Vida Fresh Mexican Grill franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 10 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
6 /10
The Franchisor's investment costs ranges from
$378,270 to $1,638,554
which is
Much Lower
than the $931,012 to $1,843,346 average in the Restaurants (Sit-Down) industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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