The Taco Bell Corp is the most well-known fast service restaurant group that offers delicious Mexican dishes. It is a California based company having 70 % share of restaurant business within the international market. Typically the company has expended its business in almost 100 countries and many territories and is serving the appetite of around 35 million customers at weekly basis. Hence, it is extremely beneficial to purchase a https://corporateofficeheadquarter.com/taco-bell-corporate-office-headquarters-numbers/ for folks need to make huge profits from a restaurant business.
History Of Taco Bell Franchise
Taco Bell was founded by Glen Bell during 1962 in Bernardino, California. Bell left the Marine Corps at age of 23 and started with a small hot dog stand. In this particular stand he began selling taco for just 19 cents which gradually became quite popular which he opened a Taco Tia stand beside the hot dog. After selling the Taco Tia to his partner Glen established the very first Taco Bell in Downey which started franchising from the year 1964. Today the Taco Bell franchises for a number of yummy brands like Pizza Hut, A&W Restaurants, KFC and Long John Silver’s. Today the wings of the franchise business have spread in every over U.S., Asia, Middle East and Canada. The recent statistics shows that the company has 4259 franchises in U.S. and this 243 in other foreign countries.
Reason For Choosing Taco Franchise
The vital basis for having a Taco franchise is the rapid development in its sales figure. The seals reached $ 1.8 billion for the stores solely owned by the company. Additionally the annual growth rate touched 6% in 2001. The U.S. franchises of taco bell email address also created a sale of $4.4 billion through the same year. In 2007 the Taco brands were considered to be the very best of all yummy brands.
Costs And Fees
The complete price of investment for setting up the franchise can vary from $1,324,300to $2,465,500. Regarding the fees it is actually $45,000 as the ongoing royalty is 5.5%. There are possibilities that this franchisee can even set up 3 restaurants within three years depending on the level of sales. The franchisor offers financial facility for both the in-house and alternative party business pattern. The assistance is provided incase of startup, inventory and equipment cost. For payroll and account receivable the in-house one dose not receive any financial the help of the company.
To run the franchise business successfully the minimum number of employees essental to a unit is 25. The advice for your value and cash liquidity requirement by the taco bell breakfast menu is $750,000 and $360,000 respectively. Another criteria within this matter is the efficient marketing skills along with experience on the particular industry.
Excellent Training And Support
The company provides extensive training and support programs for smooth running of franchise business. Trainings can be purchased in the company headquarters and also within the specific locations. Various ongoing supports focusing on the security aspects, online connections, exclusive openings and evaluation of different field operations are completed by the company. Beside this, exclusive qwnlfc on marketing which incorporates the idea of regional and co operative advertising are also offered to improve the franchise sales and profit.