Barberitos
The total investment to open a Barberitos franchise ranges from $505,500 to $780,800. The initial franchise fee is $35,000. Ongoing royalties are 6% plus a 3% advertising fee.
What is the Barberitos franchise?
Investors evaluating a fast casual restaurant franchise must weigh unit economics, operating support, and growth potential against a six figure capital commitment. Barberitos, a Southwestern Grille and Cantina headquartered in Athens, Georgia, was founded in January 2000 by Downing Barber. Barber identified a market gap after seeing a fresh food concept in Aspen, Colorado, and created a healthy, affordable, customizable Southwestern restaurant for the Southeast. The first Barberitos opened in Athens. As of 2016, the brand had been recognized as the best burrito in Athens for 14 consecutive years. That local presence supported franchised expansion beginning in 2002. By 2017, Barberitos had 51 locations across 23 franchisees and appeared on Nation's Restaurant News's "Top 20 Emerging Franchise Chains" list. WOWorks acquired the brand in May 2022, adding it to a better for you dining platform that includes Saladworks, Frutta Bowls, Garbanzo Mediterranean Fresh, Z! Eats, and The Simple Greek. Founded in 2020 and operating as a subsidiary of Centre Lane Partners, LLC, WOWorks is led by CEO Kelly Roddy, who oversees the portfolio's growth across multiple brands. The 2025 Franchise Disclosure Document reports 42 total units, all owned by franchisees, across Georgia, Florida, Tennessee, South Carolina, North Carolina, Alabama, and Virginia. Fresh ingredients, the Pepe the chili pepper mascot, and the parent company's focus on Southeast and Sun Belt expansion place Barberitos within a health conscious food category serving a region with comparatively limited market coverage.
Fast casual restaurants operate within the broader limited service restaurant industry, which has continued to expand. Foodservice outlets recorded $1.52 trillion in total food sales in 2024. Limited service establishments accounted for $550.7 billion and held the largest share of food away from home spending after reaching 37.6% of the category in 2020. Spending at limited service restaurants increased from $112 billion in 1997 to $468 billion in 2022, a rise of more than 300%. The global limited service restaurants market was valued at approximately $1,281.4 million in 2025 and is projected to reach $2,087.3 million by 2035, representing a 5.0% compound annual growth rate over that period. Fast casual chains account for 12% of operator sales within the limited service category, while quick service restaurants account for 88%. Fast casual has been growing faster as customers trade up from quick service and trade down from casual dining. Southwestern and Mexican fast casual restaurants benefit from demand for customizable meals, fresh and minimally processed ingredients, convenient dining, and food choices that fit increasingly busy work schedules. Interest in plant based, gluten free, and low calorie items also fits Barberitos's fresh and customizable positioning. Approximately 80% of fast food chain restaurants use a franchise model, showing how established franchising is within the category. Barberitos's concentration in the Southeast and Sun Belt places its units in population corridors among the fastest growing in the United States. Residential and commercial development is outpacing existing dining supply in markets such as Tampa, Savannah, and suburban Alabama, creating additional demand density.
The Barberitos investment begins with a $35,000 initial franchise fee. That amount falls within the accessible to mid tier range for fast casual restaurant franchises, where fees commonly range from $25,000 to $50,000 depending on brand maturity and category position. An older 2013 source lists a $20,000 fee, indicating that the franchise fee increased as the system matured and as the WOWorks corporate platform added support and resources. The 2025 Franchise Disclosure Document places the total initial investment between $521,000 and $830,000. The largest cost categories are leasehold improvements of $250,000 to $396,000, equipment of $100,000 to $160,000, and technology systems of $25,000 to $32,000. Other expenses include millwork of $20,000 to $45,000, furniture of $5,000 to $15,000, smallwares of $20,000 to $25,000, exterior signage of $7,000 to $14,000, interior signage and graphics of $3,000 to $8,300, a grand opening marketing contribution of $15,000, opening inventory of $7,500 to $12,000, permits and license fees of $1,500 to $5,000, insurance of $1,500 to $3,500, and uniforms and materials of $2,000 to $5,560. Liquid working capital is estimated at $15,000 to $35,000, while some sources indicate that total cash requirements exceed $250,000. The recommended restaurant footprint is 1,850 to 2,800 square feet. Locations may use inline, shopping center, university, or standalone formats, and some sites may support a drive thru.
The daily operating model uses a fresh, made to order assembly line similar to other fast casual restaurants. As of 2012, an average unit handled approximately 300 transactions per day. Barberitos does not require franchisees to have prior restaurant experience, which allows candidates from business, management, and other entrepreneurial backgrounds to consider the opportunity. Initial training includes 96 hours of on the job instruction and 42 hours of classroom instruction. The franchisee and up to three management personnel may attend the initial training at the same time without an additional charge. Refresher training and periodic seminars provide ongoing reinforcement of operating standards. Since the WOWorks acquisition in May 2022, support has included site selection assistance, lease negotiation support, grand opening programs, social media marketing, search engine optimization and email campaigns, and national vendor contracts negotiated for the WOWorks portfolio. Franchisees developing multiple locations receive protected development territories during the build out period. Each open location receives a protected territory with a one mile radius. The 1,850 to 2,800 square foot requirement supports university campuses, shopping centers, strip centers, and freestanding pads, with drive thru integration available in some markets. A drive thru can increase transaction volume. The broader WOWorks platform also provides purchasing and technology scale that an individual franchisee might not obtain independently.
That period fits the economics of a mid tier fast casual franchise requiring more than $500,000 in total investment. The brand also describes its unit level economics as the highest in the burrito industry.
Entering 2025, Barberitos was pursuing expansion through existing franchisee reinvestment and new territory agreements. In June 2025, the brand announced six new franchise locations in Georgia, divided evenly between Savannah and Athens. Azat Nasretdinov, who acquired his first Barberitos in Vidalia in 2024, agreed to open three locations in Savannah. That agreement represents expansion by a newer franchisee in a growing coastal Georgia market. In May 2025, Barberitos signed a 7 unit development agreement for Tampa and St. Petersburg, Florida, led by Matt O'Neill. His first Tampa restaurant opened in 2024 and quickly became one of the brand's top performing locations, supporting the concept's ability to transfer to a major Florida market. Florida is recognized as one of the fastest growing franchise markets nationally, giving the Tampa Bay agreement strategic relevance. A separate 10 unit agreement in Alabama, led by multi unit franchisee Haresh Patel, includes locations under construction in Wetumpka and Prattville with anticipated openings by March, along with at least four additional Alabama restaurants planned for the balance of 2025. Patel plans to place the WOWorks brand Frutta Bowls alongside Barberitos in gas station and travel center locations, demonstrating the potential for cross brand development within the portfolio. Barberitos's competitive position rests on fresh ingredient sourcing, a 25 year history in its core Southeast markets, WOWorks purchasing scale, and a growing base of multi unit franchisees. Operators such as Weeks and O'Neill provide operating results that may help attract additional investors.
The target franchisee may be an owner operator or an experienced multi unit developer with local market relationships, business management skills, and an interest in community engagement. Restaurant experience is not required, so candidates may come from retail, hospitality, real estate, or corporate management. The development pipeline shows a preference for multi unit commitments. Examples include the 7 unit Tampa agreement, the 10 unit Alabama agreement, and the 3 unit Athens expansion by an existing franchisee with nine locations, all signed within a 12 month period. Available territories are concentrated in the Southeastern United States. Georgia has been identified as a leading franchise growth market, Florida as one of the fastest growing franchise markets in the country, and Alabama as a newly entered state with 10 committed units. As of August 2023, there were 46 franchise agreements in the Southeast. The 2025 FDD reported 42 operating units, all franchisee owned, showing that development agreements were ahead of completed openings. Barberitos currently offers no international franchise opportunities. The period between signing an agreement and opening a restaurant depends on the market and real estate conditions. Site selection and lease negotiation support are intended to reduce development delays. Inline, campus, freestanding, and drive thru formats expand the range of usable real estate and may shorten the path to opening.
The Barberitos investment case combines a growing fast casual category, a brand with a 25 year Southeast presence, and a corporate parent with purchasing, technology, and multi brand operating resources. The global limited service segment is projected to reach $2,087.3 million by 2035. Multi unit agreements across Georgia, Florida, and Alabama in 2024 and 2025, along with David Weeks's expansion to nine locations in one market, indicate continued franchisee reinvestment and development activity. Independent analysis assigns the brand a Loan Activity Score of 46 and rates it Fair. That score reflects a system still developing rather than a mature and fully stabilized network. Early territory selection may offer an opportunity, but growth stage development also brings execution and opening risk. PeerSense offers independent franchise intelligence, including SBA lending history, the Loan Activity Score, location maps with Google ratings, FDD financial data, and comparison tools for evaluating Barberitos against other fast casual concepts.
Loan Activity Score
46/100
SBA Default Rate
0.0%
Active Lenders
1
According to its Franchise Disclosure Document or public business records, Barberitos has 43 locations, all owned by franchisees. Public SBA loan records show 1 lender made 1 loan to franchisees of Barberitos. PeerSense calculates Barberitos's score as 46 out of 100, using public SBA loan performance and recent lending activity. Cost figures are based on the 2026 Franchise Disclosure Document.
Franchising since 2020 · 43 locations
$505,500 to $780,800
$35,000
43
43 franchised
Proprietary PeerSense metric
FairDistinct lenders in public SBA records for Barberitos
1
Total SBA loans
$245K
Average loan size
Source: public SBA 7(a) and 504 loan records through December 31, 2025
Referral fee at closing
SBA Lending Activity for Barberitos
Loan Activity Score Breakdown
New or niche (1 to 2 loans)
Are lenders increasingly or decreasingly funding this brand? Growing trends score highest.
Blended default rate (recent + all time) compared to NAICS sector peers.
Quality lenders actively backing this brand, with penalty for lender pullback.
FDD availability, Item 19 disclosure, and overall data completeness.
Geographic spread of SBA funded locations across states.
SBA Lending Performance
SBA Default Rate
0.0%
vs 10.3% peer avg
SBA Loans
1
Total Volume
$0.2M
Active Lenders
1
States
1
vs. SBA Sector Average
SBA loan default rate vs. all franchises in the same NAICS sector, not limited to direct competitors
Key Highlights
Franchise Financing Resources
Data Insights
Key performance metrics for Barberitos based on SBA lending data
SBA Default Rate
0.0%
10.3% below peer avg
SBA Loan Volume
1 loans
Across 1 lender
Lender Diversity
1 lender
Avg 1.0 loans per lender
Investment Tier
Significant investment
$505,500 to $780,800 total
Barberitos: Deep SBA Data
Brand specific metrics derived directly from SBA 7(a) approval records: peak lending year, leading state, average loan size, and lender concentration. PeerSense computes these per brand so capital advisors and prospective franchisees can benchmark this opportunity against the rest of the franchise universe.
Peak SBA Year
2024
2 approvals. The best year on record for Barberitos.
Top SBA State
North Carolina
3 SBA financed Barberitos locations, the densest operator footprint.
Average Loan Size
$299K
Median $318K. Use as a sizing anchor when modeling your own Barberitos unit.
Lender Concentration
66.7%
Concentrated
Share of Barberitos approvals captured by the top 3 SBA lenders.
Barberitos's SBA lending pipeline peaked in 2024 (2 approvals). The last five fiscal years account for 200% of cumulative volume ($526K approved). Operator density is highest in North Carolina with 3 SBA financed locations. Average funded ticket sits at $299K, with the median at $318K. Lender mix is concentrated: the top three SBA lenders account for 66.7% of approvals. Credit decisions concentrate with a small group of incumbents.
Payment Estimator
Estimated Monthly Payment
$5,233
Principal & Interest only
Indicative only, as of October 1, 2026. Not a quote, commitment or offer of credit. Final pricing, leverage and terms are determined by the lender at underwriting, after full transaction materials are reviewed. PeerSense sources the file. The lender sets pricing. What these terms mean.
Locations
Barberitos, unit breakdown
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Page Review
Reviewed by Edward L. Freeman, Founder and Managing Director, PeerSense
- PeerSense is a capital advisory firm that places commercial financing with direct capital sources; it does not lend, fund, or approve loans, and the capital source sets final terms.
- Edward L. Freeman founded PeerSense in January 2020.
- He is a Registered Franchise Consultant with Business Alliance, Inc., a credential issued in March 2022, and worked as a franchise consultant there from March 2022 to May 2023.
- His recorded experience includes a $22 million SBA construction loan, with about $16 million funded on the deal.
- In the 12 months through September 30, 2026, PeerSense tracked 912 publicly announced financings with a disclosed size of $361.32 billion. PeerSense Capital Data Report · Methodology page
Last reviewed LinkedIn profileAbout Edward Freeman