Qdoba

Qdoba

Information based on 2024 FDD

Food & Beverage · Fast Casual

Investment min
$489K
Total: $489K–$1M
Avg gross revenue
$2M
Unit-level, 2024
Franchise fee
$30K
Per current disclosure
Royalty
5%
of gross revenue
Locations
571
Franchising since 1997

Description

What is Qdoba?

Founded in 1995, Qdoba has established itself as a leading fast-casual Mexican restaurant chain, renowned for its fresh, customizable menu offerings and exceptional customer experience. With a strong presence across the United States, Canada, and international markets, Qdoba has revolutionized the Mexican food segment by offering a unique 'all-inclusive' pricing model where premium ingredients like hand-crafted guacamole and queso are included at no extra charge.

The restaurant's menu features a diverse selection of made-to-order items including burritos, bowls, tacos, quesadillas, and nachos, all prepared with high-quality ingredients and signature flavors. Qdoba distinguishes itself through its innovative protein options, including their popular grilled adobo chicken, slow-braised brisket, and plant-based alternatives, catering to various dietary preferences.

What truly sets Qdoba apart is their commitment to customer service and operational excellence. The brand consistently receives praise for its welcoming atmosphere, efficient service, and clean, modern restaurant environments. Their successful business model includes robust catering services and digital ordering platforms, making it convenient for customers to enjoy their favorite Mexican dishes.

Qdoba's proven track record of growth and adaptation to changing market demands makes it an attractive opportunity in the fast-casual segment. The brand maintains strong relationships with its franchisees, providing comprehensive training, operational support, and marketing assistance to ensure success. With a focus on quality, innovation, and customer satisfaction, Qdoba continues to expand its footprint while maintaining its position as a leader in the Mexican fast-casual dining category.
  • 29 years of proven operational experience since 1995
  • 747 established locations demonstrating system stability
  • International presence across four countries including Canada, Japan, and Puerto Rico
  • Exceptional unit performance with revenue 121% above sub-sector average
  • Established fast-casual Mexican brand with strong market recognition
  • Customizable menu platform drives customer loyalty and repeat visits

Location Analysis

Where Qdoba wins

Qdoba maintains a significant presence across multiple states with widespread coverage, showing strong regional concentration in the Midwest and Mid-Atlantic regions. The brand has established a particularly robust presence in Michigan, with notable market penetration in Virginia, Wisconsin, Indiana, and Illinois, indicating successful adaptation in these areas. This geographic distribution suggests successful market adaptation in regions with diverse demographic profiles and competitive landscapes.

The franchise's strong presence in the Midwest demonstrates particular success in markets with a mix of urban and suburban populations, moderate income levels, and strong lunch-time business traffic. Key success factors include locations near business districts, universities, and high-traffic retail corridors. While the brand has established strong footholds in several key markets, significant expansion opportunities exist in the Southeast and Western regions.

Ideal locations for new Qdoba franchises typically feature high-visibility sites in areas with daytime population density of 25,000+ within a 3-mile radius, median household incomes above $50,000, and proximity to office complexes or educational institutions. The fast-casual Mexican segment continues to show growth potential in both established and emerging markets, with particular opportunity in secondary markets where national chain presence is limited.
Total US locations
747
Franchise units
571
Corporate locations
176
Avg. sq. footage
N/A

Loading map...

Territory check

Is your territory available?

Let's find out.

try

We'll take you through a few quick questions, then Qdoba confirms availability directly.

Availability

Financial Analysis

The numbers behind Qdoba

Avg gross revenue$1,540,334
Investment range$489,200 – $1,307,000
Investment midpoint$898,100
Brand fund1.75%
Royalty5%
Franchise fee$30,000
Min. net worth
Min. liquid capital
Qdoba requires an investment range of $489,200 to $1,307,000, positioning it as a premium fast-casual opportunity that exceeds sub-sector averages by 20-46%. This higher investment reflects the brand's established market position and comprehensive restaurant infrastructure requirements typical of full-service fast-casual concepts.

The fast-casual Mexican segment benefits from strong consumer demand for customizable, fresh food options and convenient dining experiences. With 747 units and 29 years of operation since 1995, Qdoba demonstrates substantial system maturity and operational stability. The brand operates internationally across Canada, Japan, and Puerto Rico, indicating proven scalability beyond domestic markets.

Qdoba's reported gross revenue of $1,540,334 substantially exceeds the sub-sector average of $696,569 by 121%, suggesting strong unit-level performance potential, though prospective franchisees should conduct thorough due diligence on individual market dynamics. The investment level requires significant liquid capital and net worth qualifications, making this suitable for experienced restaurant operators or well-capitalized investors.

The competitive Mexican fast-casual landscape includes established players, requiring franchisees to leverage Qdoba's brand recognition and operational systems effectively. Multi-unit development opportunities may provide economies of scale for qualified investors. Territory rights and market protection terms should be carefully evaluated during the FDD review process.

Ideal candidates possess restaurant management experience, substantial capital reserves, and understanding of fast-casual operations.
Did you know? Starting your own Qdoba Mexican Eats franchise - known for their customizable burritos, bowls, and signature 3-Cheese Queso - requires a total investment between $489,200 and $1,307,000, which includes the $30,000 franchise fee plus all the startup costs needed to bring this popular fast-casual Mexican restaurant concept to your community.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$489K–$1M
Most common
$489,200
Minimum
$898,100
Midpoint
$1,307,000
Maximum

Per FDD Item 7, total initial investment ranges from $489,200 to $1,307,000. The midpoint $898,100 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

FDD Item 19

Average gross sales

$2M$2M$1M$800K$400KN/A
$1M
$1M
$2M
2022
2023
2024
Avg
$1M
YOY change (2023 -> 2024)
+3%

According to Item 19 of the Franchise Disclosure Document, Qdoba has an average gross revenue of $2M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Growth over time

Franchise footprint

+2% YoY
1,0008006004002000
2017
2018
2019
2020
2021
2022
2023
2024
747 units open as of 2024 FDD+14 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Qdoba's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Qdoba franchise typically ranges between $489,200.00 and $1,307,000.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Qdoba
Qdoba
$2M avg revenue · 571+ US franchises

Franchises for you

Other brands in the same vertical and investment band — recommendations based on what you've explored.

Spotlight

Franchisor Image
Franzy Verified

Lee's Famous Recipe Chicken

Food & Beverage

Gross Revenue$2,172,042
Min Investment$850,000
Founded1966
Franchise Units94+

Spotlight

Franchisor Image
Franzy Verified

Frios Gourmet Pops

Food & Beverage

Gross RevenueN/A
Min Investment$64,584
Founded2018
Franchise Units115+
Franchisor Image
Franzy Verified

Clusters Handcrafted Popcorn

Food & Beverage

Gross Revenue$274,576
Min Investment$170,800
Founded2017
Franchise Units5+
Franchisor Image
Franzy Verified

Tea Bar - Mobile Unit

Food & Beverage

Gross RevenueN/A
Min Investment$95,000
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

Tea Bar

Food & Beverage

Gross RevenueN/A
Min Investment$266,037
Founded2014
Franchise UnitsN/A
Franchisor Image
Franzy Verified

3Natives Acai Cafe

Food & Beverage

Gross Revenue$947,071
Min Investment$310,000
Founded2013
Franchise Units42+
Franchisor Image
Franzy Verified

Goodness Bowls

Food & Beverage

Gross RevenueN/A
Min Investment$325,119
Founded2019
Franchise Units5+
Franchisor Image
Franzy Verified

Breadless

Food & Beverage

Gross RevenueN/A
Min Investment$439,202
Founded2025
Franchise UnitsN/A