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DIAMOND DAVES TACO CO

DIAMOND DAVES TACO CO

Franchising since 2008 · 8 locations

DIAMOND DAVES TACO CO currently operates 8 locations (8 franchised). PeerSense FPI health score: 30/100.

Total Units

8

8 franchised

FPI Score
Medium
30

Proprietary PeerSense metric

Limited
Capital Partners
7lenders available

Active capital sources verified for DIAMOND DAVES TACO CO financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Medium Confidence
30out of 100
Limited

SBA Lending Performance

SBA Default Rate

12.5%

1 of 8 loans charged off

SBA Loans

8

Total Volume

$1.0M

Active Lenders

7

States

6

Top SBA Lenders for DIAMOND DAVES TACO CO

What is the DIAMOND DAVES TACO CO franchise?

Diamond Daves Taco Co franchise presents a compelling opportunity within the burgeoning fast-casual Mexican food sector, firmly establishing itself as "America's Neighborhood Taqueria and Dive Bar." The brand's journey began in 2008, with its roots tracing back to Raleigh, United States, where the company offering this unique franchise opportunity was founded. Rudy Theale serves as the dedicated CEO of Diamond Daves Taco Co franchise, steering its strategic vision and operational excellence from its Raleigh headquarters. The brand's compelling origin narrative, frequently shared on its official platforms, recounts the tale of a young boy named Gordon, affectionately known as "Gordito," a Spanish term for chubby, hailing from the vibrant culinary region of Oaxaca. Gordon's profound passion for crafting exceptional tacos is credited as the foundational inspiration that ultimately led to the creation of the distinctive Diamond Daves Taco Co franchise concept, blending traditional Mexican flavors with a welcoming, local dive bar atmosphere. It is important for prospective franchisees to understand that this specific franchise opportunity pertains to the "Diamond Daves Taco Co, America's Neighborhood Taqueria and Dive Bar" brand, under the direct leadership of CEO Rudy Theale. The company is characterized as an unfunded entity, underscoring a growth trajectory powered by operational success and strategic partnerships rather than relying on external capital, which can appeal to entrepreneurs seeking a more grassroots-driven enterprise. Currently, the Diamond Daves Taco Co franchise system comprises 7 total units, a testament to its foundational market presence and successful operational models, with significant expansion initiatives already underway to further solidify its position in the fast-casual dining landscape

FPI Score

30/100

SBA Default Rate

12.5%

Active Lenders

7

Key Highlights

Data Insights

Key performance metrics for DIAMOND DAVES TACO CO based on SBA lending data

SBA Default Rate

12.5%

1 of 8 loans charged off

SBA Loan Volume

8 loans

Across 7 lenders

Lender Diversity

7 lenders

Avg 1.1 loans per lender

Payment Estimator

Loan Amount$400K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$5,176

Principal & Interest only

Locations

DIAMOND DAVES TACO COunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

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DIAMOND DAVES TACO CO