The Taco Bell Corp is regarded as the well known fast service restaurant group that offers delightful Mexican dishes. It is a California based company having 70 % share of restaurant business in the international market. Typically the company has expended its business in almost 100 countries and lots of territories and is serving the appetite of around 35 million customers at weekly basis. Hence, it is very beneficial to get a taco bell corporate address for people want to make huge revenue from a restaurant business.
History Of Taco Bell Franchise
Taco Bell began by Glen Bell in the year 1962 in Bernardino, California. Bell left the Marine Corps at the age of 23 and started with a small hot dog stand. In this stand he started selling taco for just 19 cents which gradually became very popular that he opened a Taco Tia stand beside the hot dog. After selling the Taco Tia to his partner Glen established the initial Taco Bell in Downey which started franchising through 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 its franchise business have spread in all over U.S., Asia, Middle East and Canada. The recent statistics implies that the company has 4259 franchises in U.S. and this 243 in other foreign countries.
Reason Behind Choosing Taco Franchise
The vital reason behind possessing a Taco franchise is the rapid development in its sales figure. The seals reached $ 1.8 billion for that stores solely belonging to the company. Furthermore the annual growth rate touched 6% in 2001. The U.S. franchises of taco bell phone number also produced a sale of $4.4 billion through the same year. In 2007 the Taco brands were regarded as being the very best of all yummy brands.
Costs And Fees
The entire price of investment for setting up the franchise will be different from $1,324,300to $2,465,500. Regarding the fees it is actually $45,000 whilst the ongoing royalty is 5.5%. You will find possibilities that this franchisee can even set up 3 restaurants within three years depending on the amount of sales. The franchisor offers financial facility for both the in-house and 3rd party business pattern. The help 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 perform the franchise business successfully the minimum number of employees required by a unit is 25. The advice for your value and cash liquidity requirement from the taco bell menu with prices is $750,000 and $360,000 respectively. Another criteria within this matter is definitely 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 are available both in the company headquarters and in addition in the specific locations. Various ongoing supports focusing on the security aspects, online connections, exclusive openings and evaluation of various field operations are completed by the company. Beside this, exclusive qwnlfc on marketing which incorporates the idea of regional and co operative advertising can also be provided to boost up the franchise sales and profit.