On The Border Mexican Grill & Cantina

Franchise Information

Analyzed filing: MN · File #419242228

Filed: Oct 24, 2024

FDD Issued: Apr 15, 2024

Extracted: May 1, 2026

Analyzed

Franchisor Details

Name: OTB Acquisition, LLC

Parent: Border Holdings LLC

Address: 2201 West Royal Lane, Suite 170, Irving, TX 75063

Phone: (972) 499-3000

Website: www.ontheborder.com

Franchising Since: 1996

Industry & Qualifications

Industry

Food & Beverage

Franchise Fee

$30,000

Royalty

4.0%

Ad Fund: 2.0%

Total Investment

$1.43M - $5.06M

Initial Term

20 years

Renewable

Outlet Information

Total Outlets

134

Franchised

Company-Owned

109

Opened (Last Year)

Closed (Last Year)

-1

Churn Breakdown (Last Year)

Terminations

Non-Renewals

Ceased Ops

Transfers

Reacquired

Item 19 (Financial Performance)

Disclosed

Data from 2023 Reported Gross Sales for U.S. Franchisee Owned and Operated Locat...

Financial Performance (Item 19)

Avg Unit Volume

$2,536,791

Median

$2,307,242

Highest

$3,761,708

Lowest

$1,390,361

% Achieving Avg

42.9%

Sample Size

7 units

Legal History

Litigation: None

Bankruptcy: None

View filing:

Number	File name	Source State	Filing Date	Actions
419242228	MN_31575-202405-10_otb-acquisition,-llc.pdf Canonical 2024 analysis · newest filing	MN	Oct 24, 2024	Restricted
1053930866	MN_31575-202405-07_otb-acquisition,-llc.pdf Alternate source copy	MN	Oct 24, 2024	Restricted
198545	509910_Franchise__OTB_ACQUISITION_LLC_EFDID__50_Virginia_198545.pdf Alternate source copy	VA	Apr 15, 2024 FDD issue date	Restricted
185290	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_Virginia_185290.pdf Alternate source copy	VA	Apr 15, 2024 FDD issue date	Restricted
185104	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_North Dakota_185104.pdf Alternate source copy	ND	Apr 15, 2024 FDD issue date	Restricted
143876	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_North Dakota_143876.pdf Alternate source copy	ND	Apr 15, 2024 FDD issue date	Restricted
157580	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_Rhode Island_157580.pdf Alternate source copy	RI	Apr 15, 2024 FDD issue date	Restricted
200320	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_Maryland_200320.pdf Alternate source copy	MD	Apr 15, 2024 FDD issue date	Restricted
636518	636518_otb-acquisition--llc.pdf Alternate source copy	WI	Apr 15, 2024 FDD issue date	Restricted
79805	509910_Franchise__OTB_ACQUISITION_LLC_EFDID__50_North Dakota_79805.pdf Canonical 2023 analysis	ND	Apr 14, 2023 FDD issue date	Restricted
103356	453324_Franchise__OTB_ACQUISITION_LLC_EFDID__45_Rhode Island_103356.pdf Alternate source copy	RI	Apr 14, 2023 FDD issue date	Restricted

Showing 1–11 of 11 files.