Mucho Burrito sits within MTY Food Group's Mexican-concept brand family, running from both food courts and standalone strip-mall storefronts across Ontario — which means a resale needs to confirm not just the lease and the franchisor's consent, but which current-form agreement and approved-supplier arrangements actually apply after MTY's own consolidation of its Mexican-concept brands over the years.
Mucho Burrito resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.
Getting approved
Buyer and seller sign, with a deposit held in trust and conditions built around franchisor consent and a clean lease assignment.
1–2 weeks†MTY Food Group reviews the incoming operator's application and financial qualification, and considers any right of first refusal.
3–6 weeks†A franchise disclosure document may still be required even where the deal is framed as a private resale — Ontario courts read the resale exemption narrowly, so this gets confirmed early rather than assumed.
assessed early, in parallel†Getting to closing
Landlord consent to assign the premises, alongside confirming the approved-supplier and food-distribution accounts the location depends on will continue for the incoming operator.
2–6 weeks†The incoming owner, or a designated manager, typically completes MTY's operator training before or shortly after taking over.
1–3 weeks†Funds, keys, and signed documents change hands; we track final franchisor sign-off and supplier-account confirmations through to completion.
1 day, plus a short tail†Listed on MTY Food Group's official franchise-directory recruitment page
National Mexican QSR chain with numerous Ontario locations
This is the first real decision in a Mucho Burrito resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.
| Question | Asset purchase | Share purchase |
|---|---|---|
| What you buy | The location's assets — kitchen equipment, leasehold improvements, inventory, and the benefit of the existing franchise agreement, subject to consent. | The shares of the operating company — everything it owns, and everything it owes. |
| Franchisor consent & ROFR | Required for this specific location, and typically the pacing condition on the whole deal. | Required for the change of control itself — MTY reviews who is actually taking over the company. |
| Supply & vendor agreements | Approved-supplier and food-distribution agreements typically follow the location once the franchisor consents to the transfer — confirmed, not assumed. | Usually reassigned along with the company, since the operating entity doesn't change. |
| The lease | Needs landlord consent to assign, timed alongside the franchisor's own approval. | Usually stays in place, unless the lease has its own change-of-control clause. |
| Tax angle | Buyer gets a stepped-up cost base on the assets purchased. | Seller may access the lifetime capital gains exemption on qualifying shares. |
| Typical use for a Mucho Burrito location | The default for a single location changing hands. | Less common — occasionally used where an operator holds several MTY-family locations under one company. |
The location's assets — kitchen equipment, leasehold improvements, inventory, and the benefit of the existing franchise agreement, subject to consent.
The shares of the operating company — everything it owns, and everything it owes.
Required for this specific location, and typically the pacing condition on the whole deal.
Required for the change of control itself — MTY reviews who is actually taking over the company.
Approved-supplier and food-distribution agreements typically follow the location once the franchisor consents to the transfer — confirmed, not assumed.
Usually reassigned along with the company, since the operating entity doesn't change.
Needs landlord consent to assign, timed alongside the franchisor's own approval.
Usually stays in place, unless the lease has its own change-of-control clause.
Buyer gets a stepped-up cost base on the assets purchased.
Seller may access the lifetime capital gains exemption on qualifying shares.
The default for a single location changing hands.
Less common — occasionally used where an operator holds several MTY-family locations under one company.
We tell you which structure fits — before you sign anything.
No open-ended hourly surprises — the cost is confirmed in writing before any work begins.
| Type of work | Fee | How it's confirmed |
|---|---|---|
| Straightforward purchase or sale | Starting from $3,388.87 Our charges · taxes included | Confirmed in writing once we see the agreement. |
| Larger or more complex deal | Quoted to scope | Short call → fixed written quote before any work begins. |
| Searches, filings & third-party fees | At cost | Itemized on your invoice, not marked up. |
A single Mucho Burrito location changing hands between one buyer and one seller, with a straightforward lease and standard supplier-account continuity.
Start my file →An operator holding several MTY-family Mexican-concept locations selling as one operating company, or a resale where confirming the current agreement and active supplier terms takes some untangling first.
Book a consultation →Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.
Not automatically — approved-supplier and food-distribution agreements typically need the franchisor's confirmation before they carry over to a new operator. We check this alongside the franchisor consent process rather than leaving it to be discovered on your first order after closing.
MTY has consolidated several Mexican-concept brands over the years, so confirming the current-form agreement — and that the franchisor entity named on it is the one actually reviewing your resale — is one of the first things we verify, before it becomes an issue at closing.
Not necessarily. Ontario courts have read the resale-disclosure exemption narrowly, and franchisor involvement in the resale can be enough to trigger a full disclosure requirement anyway. Whether it applies to your deal gets confirmed early, not assumed from the word 'resale.'
Not automatically — a right of first refusal is generally assessed against the specific location being sold, not your broader relationship with MTY. We still confirm there's no cross-default risk to your existing locations before you're firm on a new purchase.
It can — a recently converted location may still be settling into brand standards, which can extend the practical handover period even where formal training itself is a set program. We flag that during diligence so your closing timeline accounts for it.
Related
Where we close franchise resale deals
Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Mucho Burrito or its franchisor.
Tell us about your Mucho Burrito resale — we'll point you the right way and confirm the cost in writing before any work begins.