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It is an American chain of Mexican food created by Glen Bell in 1962 in Downey, California. It began to franchise two years later. In just three years, in 1967, it reached 100 locations. Today, it is part of Yum! Brands, formerly known as Pepsico. That union with Pepsico in 1978 has allowed Taco Bell to have exponential growth over the past few years. Currently, the brand has more than 7,000 locations.
- Year Business Began: 1962.
- Franchising Since: 1964.
- Headquarters: Irvine, California, United States.
- Estimated Number of Units: More than 7,000.
- Number of Employees: 210,000.
It is one of the most famous Mexican food chains in the United States and the world. It has achieved rapid growth because it is a subsidiary of Yum! Brands and has established more than 7,000 restaurants serving more than 42 million customers weekly. Taco Bell aims to open 2,000 restaurants internationally in the next decade and hire 100,000 more employees by 2022.
The costs will depend on the number of employees, merchandise, place where the franchise will be located, size (square meter), marketing, and other factors:
- Initial Investment: From $525,525 to $2,956,765.
- Net-worth Requirement: $1,500,000.
- Liquid Cash Requirement: $750,000.
- Initial Franchise Fee: From $25,000 to $45,000.
- Ongoing royalty rates are 5.5%.
- Ad Royalty Fee is 4.25%.
The annual profits that franchise owners can earn vary between $ 80,000 and $ 100,000 depending on the location and number of customers.
Training & Support
The franchisees must attend a course provided by the Starting Bell brand at the Irvine Restaurant Support Center. It is a 3-day course where new franchisees will know the keys to establish a profitable Taco Bell franchise and will receive the necessary tools to achieve it. Subsequently, the franchisee, together with a manager, must attend the training program that will last seven weeks (it can be extended to 8). That training will be provided online, in the classroom, and at work. Once the franchisee starts working, it will receive constant advice from the Taco Bell team.
How to Apply for Taco Bell Franchise ?
You must fill out the form at https://www.tacobell.com/contact-us to contact them and ask about how to apply.