Tex-Mex restaurant chain wants to open in Macclesfield
A Mexican restaurant wants someone to help them open up in Macclesfield.
Cactus Jacks, a Doncaster-based Mexican restaurant chain, is seeking a rapid expansion across the UK.
The servers of Mexican-American cuisine seek franchise partners to open up new restaurants with them.
This is according to BusinessForSale.com and the Cactus Jacks website.
These sources reveal 34 locations that the Tex-Mex casual dining brand wants to explore opening in.
These include heavy hitters like Liverpool and Newcastle-upon-Tyne, along with nearby Cheshire towns like Crewe and Chester.
And Macclesfield also makes the list, as one of the smallest towns by population seeking a potential franchisee.
This listing is by no means any confirmation that Cactus Jacks will definitely come to Macclesfield, it is just seeking a franchisee to invest and run a potential Macclesfield restaurant.
The wings, burritos and chimichanga sellers were contacted for comment by Macclesfield Nub News, regarding a potential location, and why they have decided to explore the possibility of opening in Macclesfield.
Bill Hendrie, speaking on behalf of Cactus Jacks said: "The territory data that we have for the UK identified Macclesfield as one of a number of potential locations to open a Cactus Jacks Restaurant."
"This data is based on population, competition, availability of potential locations and the socio-economic make up of the area.
"We believe that it is an excellent opportunity for a prospective franchisee due to the following:
- The business model has already been proven to be successful
- Franchising as a sector has an extremely high success rate with less than 5% of franchised businesses closing (latest survey from NatWest)
- Banks are very supportive of franchises therefore access to lending can be easier
- There is continued support from the franchisor
- Tex/Mex style eating is a growing market and much less saturated than Pizzas, Chicken or Burgers
"There is no specific [premises] location in mind. As a responsible franchisor, Cactus Jacks Head Office team will advise any prospective franchisee in terms of the suitability of their proposed site."
Should a Maxonian want to kickstart this franchise opportunity, an initial liquid capital of £30,000 plus VAT would be required.
A document on the Cactus Jacks franchise webpage reads: "As a Cactus Jacks franchise owner, you will operate in an exclusive territory under an initial five-year licence with two automatic rights to renew for a further five years each time giving you fifteen years in total and longer if you decide to continue."
"Your overall investment requirement, including working capital, will be around £240,000 dependent on the size of your location. This figure can be reduced by using asset finance for the purchase of equipment and we will be happy to discuss this option with you.
"Banks are also very supportive of franchised businesses due to their high success rate and will tend to lend up to 50% of the required capital. We will be happy to introduce you to the franchise department of your chosen bank.
"Initially we just need to know that you have the £30,000 (+ VAT) franchise fee in readily available liquid funds and the potential to raise 50% of the total required of circa £120,000.
"You will receive a comprehensive launch package in order to get your business up and running."
If you are interested in becoming a local Cactus Jack franchise owner, please click HERE and HERE.
A video of a Cactus Jacks restaurant can be watched at the top of this article.
A current Cactus Jacks menu can be viewed HERE.
Macclesfield has one Mexican eatery, being Tres Burritos on 67 Mill Street.
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