Tampa-based Tex-Mex restaurant chain Capital Tacos has announced its plan to expand into five new markets, including Nashville.

In addition, the company will be looking to grow its Capital Tacos Express offering. With each new market, the company creates an additional taco flavor inspired by the community, a press release reads.

“Our goal with building the Capital Tacos brand is direct and comprehensive. We never felt the restaurant industry was in need of another taco shop, but it was in desperate need of a company that rewards hard work, is based on inclusivity and remembers to have fun along the way,” Josh Luger, co-owner and operator partner of Capital Tacos, said in the release.

Capital Tacos is also expanding to Orlando, Atlanta, Miami and Charlotte.

How Much do Franchise Owners Make?

“Some researchers have tried to crunch the numbers with the aim of helping potential franchise owners get an idea of the income that they can expect by buying a franchise. According to a survey done by Franchise Business Review involving 28,500 franchise owners, the average pre-tax annual income of franchise owners is about 80,000 dollars. However, this number should be taken with a grain of salt bearing in mind that it could be inflated by high incomes of a few top performers. When researchers accounted for the inflations caused by the few top franchises, it was established that the average annual income of 51 percent of franchisees is less than 50,000 dollars. The study also found that only 7 percent of franchise owners earn over 250,000 dollars a year.

The survey by Franchise Business Review also found that about 21 percent of franchise opportunities are in the quick-service restaurants’ industry. This is despite the fact that restaurant businesses require a bigger initial investment compared to some other businesses with almost similar profit potential. On average, franchise owners in the restaurant industry take home about 82,000 dollars a year. However, the start-up cost can be anywhere between 100,000 dollars and a million dollars.”

How Much Do Franchise Owners Make?, Franchise Direct