He opened the first Taco Bell restaurant in Downey, California. As with the vast majority of franchises, franchisees will be responsible for ongoing franchise fees. Like other franchises, opening a Taco Bell franchise enables franchisees to open a business within the framework of a larger corporation. You don’t have to be explicitly present to run a Taco Bell franchise. Because of the birth of this maize tortilla wrapped around food, eating was then defined as a gastronomic delight. Taco Bell Franchise For Sale - Restaurant, the terms of In this guide, we’ll break down everything you need to know about opening a Taco Bell franchise of your own, including cost, training information, requirements, and more. The first Taco Bell restaurant opened in California in 1962 and the company began franchising the restaurant concept almost immediately.The brand now has over 6,278 units in the United States As of the 2020 Franchise Disclosure Document, there are 6622 franchised Taco Bell locations in the USA. You should have a net worth of at least $1,500,00 and a liquid cash of at least $750,000. As with any franchise you’re considering, make sure you weigh the pros and cons of opening a Taco Bell franchise. Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through nearly 7,000 restaurants across the nation, as well as through its mobile, desktop and delivery ordering services. Brands does, however, offer optional lending programs for qualified minority business owners called the YUM Minority Lending Assistance Program. Daily, they serve more than 45 million customers. will provide qualified candidates up to $3 million in financing. Please review a product or service provider’s terms Offering a wide range of Mexican menu items, and serves more than 36.8 million consumers each week in approximately 6,500 restaurants worldwide. Brands This is your opportunity to invest in Taco Bell … Brands. You can choose many different types of franchise setups based on Taco Bell’s various types of store. After leaving the Marine Corps at 23, Glen Bell came home to San Bernardino, California and opened a hot dog stand. The largest region is the South with 2746 franchise locations. Additionally, remember that you will also be paying for land fees, rent, or a mortgage, so add that into your total Taco Bell franchise cost. In 1962, he opened his first location. Brands. You have two options for buying a Taco Bell franchise: you can buy an existing Taco Bell from another franchisee or the parent company itself, or you can build your own. Taco Bell Express FDD – Franchise Information, Costs and Fees Type of Business The licensee will operate a Taco Bell Express Unit offering inexpensively priced, quality Mexican-style food for take-out eating. Subscribe to our newsletters and keep up-to-date with the latest news in the franchise industry. - In the United States, the total investment to start the Taco Bell Restaurant is around $525,100 to $2,622,400. It can cost you a significant amount of money to open a Taco Bell franchise—quite a bit more than some other fast-food franchises. Alternatively, you can look into outside franchise financing options such as, , and more. Corporate Information Taco Bell Corp. is a corporation organized in the state o f California in 1962. So, do you qualify to become a Taco Bell franchisee? Yum! The estimated investment required to start Taco Bell franchise in India will be approximately 3 crores. Taco Bell Express Units are situated at locations which are inappropriate (e.g., because of size or layout constraints) for the Traditional Units. Training for opening a Taco Bell franchise occurs through a minimum seven-week course through Yum! This food franchise has a heavy presence in the United States, as well as locations around the world. Outside counsel fees may also be due in connection with review and approval of a transfer of interest. Taco Bell doesn’t offer assistance with financing except for qualified minority business owners. You also might want to contextualize Taco Bell franchise costs against other popular fast-food franchises to see where it lands. Most recently (2016), Taco Bell had just over 800 corporate with 5,400 franchise locations. Potential Taco Bell franchisees are required to have a net worth of at least $1.5 million and access to at least $750,000 in cash or other liquid assets. On-The-Job Training: 400 hoursClassroom Training: 8 hoursAdditional Training: Additional training available, Taco Bell Franchise Info: https://www.tacobellfranchise.com, Interesting?! Taco Bell Requirement. To buy a franchise with Taco Bell, you'll need to have at least $360,000 in liquid capital. Overhead for your franchise might be high, especially due to a staff requirement from the parent brand. Of course, with the many advantages of franchises, there are also downsides to consider. This, too, will vary depending on the details of your specific Taco Bell franchise. These include: Royalty fee: The franchise royalty fee, which is the main source of revenue for the brand, is about 5.5% of store sales. Franchising with Taco Bell and Yum! It’s important that you know the Taco Bell franchise cost and operation requirements if you are interested in opening a location of your own. It’s important that you know the Taco Bell franchise cost and operation requirements if you are interested in opening a location of your own. Brands offers a large support network and established infrastructure. The company has set a financial requirement. So, aside from what you need to set up shop, there are other fees not included in this estimate. Minimum fees are listed below and are subject to increase for costs incurred by the franchisor, including but not limited to outside counsel fees, in connection with reviewing and effecting the transfer. There are options, however, to seek outside, third-party financing. If you are approved to open your Taco Bell franchise, you will need to undergo the Taco Bell training program, along with any partners or expected future managers. The Taco Bell training program focuses on the following four key areas: 1. Taco Bell Corp. (Taco Bell) is a fully owned subsidiary of Yum!Brands Inc. No matter how in a hurry people are in the present days, everyone needs to eat. Taco Bell vs Burros & fries Franchise Comparison. Taco Bell vs Orion Food Systems Franchise Comparison. 18 on Entrepreneur’s Franchise 500 list for 2016, its best finish in recent years. The current net-worth requirement is around $1.5 million worth of assets. Fact: The Taco Bell franchise has a mind-numbing 70% market share in the Mexican quick service franchise segment. Yum! If part of the reason you’re looking at franchising is for the infrastructure of a larger brand, Yum! Their corporate headquarters is located in Florida, and some training occurs on-site as well. Open a Taco Bell Franchise in your city. Purchase of Existing Restaurants from the Franchisor or an Affiliate, Initial Franchise Fee: $25,000Ongoing Royalty Fee: 5.5%Ad Royalty Fee: $4.25%. It's costly to get started: On top of the costs of launching the business, You'll pay between $25,000 and $45,000 in franchise fees for a Taco Bell, plus an ongoing royalty fee of 5.5% and a marketing fee of 4.25%. Net worth: The current net-worth requirement is around $1.5 million worth of assets. Brands, which often groups their fast-food brands (Taco Bell, Pizza Hut, and KFC) within the same location for increased exposure, foot traffic, and customer appeal. —for a comprehensive overview of these fees. Appreciate the investment required for a restaurant franchise. Christine Aebischer is an editor at JustBusiness and Fundera. Taco Bell has instant brand power as the world’s largest Mexican restaurant company, an industry leader in innovation, offers opportunity for growth and gives back to the community. And it gets even better. This, too, will vary depending on the details of your specific Taco Bell franchise. There are additional ongoing fees as well, such as those for support services. How much is a Taco Bell franchise? to see if you qualify and how much financing you can receive. Franchising fee: It costs between $25,000 and close to $50,000 for the initial franchise fee. 18 on Franchise 500. A transfer of all or a portion of the franchisee’s interest in any Unit is subject to a transfer fee. Steps on How to Get Taco Bell Franchise If you are cool with the requirements and finance involved in acquiring this franchise, then you need to follow these steps; Fill the application at the website for opening a store. For Traditional Units and Power Pumpers, the greater of $22,500 or ½ of then current initial franchise fee for the applicable type of Unit. Their corporate headquarters is located in Florida, and some training occurs on-site as well. Franchising and Real Estate Franchising. As with any franchise, it’s important to know what to expect from the franchisor, including fees and costs, education requirements, protections, and more. Brands, Inc., based in Louisville, Kentucky, has over 50,000 restaurants in more than 150 countries and territories primarily operating the company’s restaurant brands – KFC, Pizza Hut and Taco Bell – global leaders of the chicken, pizza and Mexican-style food categories. Within the last year, they are up more than 3%, and over three years, they’ve grown more than 10%. JustBusiness strives to keep information up-to-date but, at times, information may be different on a product No. - In currency of Australia, the investment comes around AUD 690,100 to AUD 3,446,600. Taco Bell restaurant franchise gives good opportunities to satisfy people's hunger and fulfill your appetite for fortune. Initial investment: Initial investments will vary significantly based on your location and the type of restaurant. can be the perfect option for people with an entrepreneurial spirit who may not want to build a business from scratch for a number of reasons. Taco Bell is now part of the Yum! All partner products About Taco Bell. How to start a Taco Bell restaurant franchise? Find out all needed info below: investment information, franchise cost and profit, franchise fees, franchise requirements for sale, etc. Taco Bell is the world’s leading Mexican-style quick service restaurant chain. Remember that it’s not whether one list is longer—it’s whether the pros or the cons are more significant that’ll tip the scales in one direction or another. What started as a single taco stand in 1968 is today a standout business built on forward thinking and fresh innovations. The franchisee will operate a single-brand, Traditional Taco Bell Unit offering inexpensively priced, quality Mexican-style food for take-out and on-premises eating. , which is the main source of revenue for the brand, is about 5.5% of store sales. So going by this calculation, the estimated investment required to start Taco Bell franchise in India will be approximately 3 crores. They also offer financing via 3rd party. Taco Bell does business under the names Taco Bell and Taco Bell Express. The Taco Bell® corporate headquarters, or Restaurant Support Center, is located in Irvine, California. Additionally, remember that you will also be paying for land fees, rent, or a mortgage, so add that into your total Taco Bell franchise cost. While Taco Bell does not indicate any specific space requirements, a minimum of 1000 square feet to 1200 square feet is considered as a reasonable space. In addition, field offices are located throughout the country to serve both company and franchise restaurants. Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through nearly 7,000 restaurants across the nation, as well as through its mobile, desktop and delivery ordering services. Brands group, which includes Pizza Hut and KFC. Where to Contact for Taco Bell Franchise … The founder of Taco Bell, Glen Bell, started with a hot dog stand in San Bernardino, California in 1946. (Yum! Initial investments: $525,100 - $2,622,400 Net-worth Requirement: $1,500,000 Liquid Cash Requirement: $750,000. Marketing fee: You can expect to pay around 4.25% for marketing and advertising supported by corporate. Yum! Across stores, the average sales of a Taco Bell franchise was around $1.6 billion. The lesser of 18% per annum or the highest rate permitted by New York law, plus the then-customary administrative charge. Taco Bell Franchise in the Philippines: Details Around 500 – 1000 B.C. Total cost: A standalone Taco Bell franchise location is estimated to cost between $1.2 million and $2.6 million, exclusive of land and lease costs. Additional trainee fee: As your staff grows, you can expect to pay $350 per person to receive training. It depends on the type of location you want to open, and where the location is. Additionally, you’ll have to consider ongoing royalty fees, which you wouldn’t incur were you starting your own business. She has written for print and online on topics ranging from personal finance to luxury real estate. We provide estimated franchise costs for some countries: Taco Bell is part of Yum! For In-Lines and End-Caps, the greater of $12,500 or ½ of applicable then current initial franchise fee. This. 45 in 2012. Please see FDD for more details. Also, be sure to speak with as many current and former Taco Bell franchisees as possible during your discovery period—this is the best way to learn what exactly it will be like to run a Taco Bell franchise of your own. Any and all costs incurred in connection with the inspection or audit, including reasonable accounting and legal fees. Taco Bell serves tacos and burritos as well as specialty items to their two billion-plus customers each year. Taco Bell has the franchise fee of up to $20,000, with total initial investment range of $525,100 to $2,622,400. For instance, Subway costs far less to open—think around $125,000—although it’s worth noting that their sales are lower on average. On the lower end, you can expect to invest around $530,000; on the high end, the total is closer to $3 million. Fill in the Franchise application form for the purpose in Taco Bell official site and become the prestigious Franchise of a world popular brand. If you want to open a Taco Bell franchise but not handle the day-to-day operations, this is possible. The Taco Bell brand came out of a simple food cart from which Bell sold tacos. Cash liquidity: Liquidity requirements are in the ballpark of $750,000. Inquire with. Not to mention, more than 90% of Taco Bell locations are run by independent franchisees. or service provider’s website. Inquire with Yum! On-the-job training requires 400 hours, while classroom training requires eight hours. ), a Louisville, KY-based fast-food conglomerate. - In Indian currency, the investment comes around Rs 3.86 crores to Rs 19.26 crores. Taco Bell has a strong growth track record and history of sales. The initial investment required falls somewhere between $570,600 and $3,049,100. Yum! $750 for a 3 month extension; $2,250 for a 6 -month extension plus $1,000 for each additional month beyond 6 months. 11 Things You Need to Know About the Taco Bell Franchise. , there are also downsides to consider. Taco Bell exists as a few different types of stores: With thousands of stores already open, Taco Bell franchise locations are growing. Taco Bell does not provide franchise financing themselves—instead, they have third-party partners to assist with startup costs, equipment, and more.more. *The Taco Bell estimated initial investment range covers multiple variations of new “Traditional” restaurant types. While franchisees may seek approval to name an employee as the supervisor instead, ideal candidates are those who wish to … Taco Bell was No. These are also provided through third-party lenders, though they are not associated with Taco Bell or Yum! Taco Bell Franchise Information from Entrepreneur.com. You should also have a business attorney review this agreement as well to ensure you know what you’re getting into. Taco Bell Franchise Requirements (Financial) If you have a net worth of $1,500,000, access to $750,000 of liquid cash, and live in an area that Taco Bell is looking to expand in, You do. Taco Bell FDD Summary Type of Business The franchisee will operate a single-brand Taco Bell Unit offering inexpensively priced, quality Mexican-style food for take-out and on-premises eating. Franchisees can expect to make a total investment of $1,000,000 - $2,000,000 . The chain has been steadily improving after dropping to No. Ask questions about the franchise. Carefully read over the. Like other franchises, opening a Taco Bell franchise enables franchisees to open a business within the framework of a larger corporation. He began franchising in 1964. Looking at the parent brand is helpful in knowing what you can expect. The franchisor requires Taco Bell owners to devote their "full time, best efforts, and constant personal attention" to the daily operations of the restaurant. Because the cost of opening a Taco Bell is so high, Taco Bell requires that potential investors have a net worth of at minimum $1.5 million, and $750,000 of that should be in liquid assets. Taco Bell was founded by Glen Bell in 1962. Bear in mind, however, that these amounts only cover the costs needed to operate for the first three months. It’s up to corporate whether you qualify. Taco Bell Franchise Cost / Initial Investment / Taco Bell Franchise Income. For Traditional Units and Power Pumpers, the greater of $22,500 or 1/2 of then current initial franchise fee. Often, multiple Yum! - In Malaysian currency, the investment comes around RM 2,13 million to RM 10,62 million. Staffing requirements: With 25 employees recommended per franchise, overhead is higher than normal. These are Taco Bell locations within gas stations with convenience stores. How much is a Taco Bell franchise? Today, it is ranked number two on Franchise Magazine’s top 500 franchises. Since the beginning, Taco John’s has been bringing its bold take on Mexican fare to bigger levels. You might be able to secure a business loan to help finance a significant portion of your Taco Bell franchise, especially if you have strong credit history and any previous experience in business. When you get to a point at which you’re actively interested in opening a Taco Bell franchise, be sure to carefully read the brand’s franchise disclosure document (FDD), which will provide you with the most up-to-date information on obligations, costs, and requirements. Brands companies appear under one roof. will provide qualified candidates up to $3 million in financing. You will need to include your name, address, city and state. and conditions when evaluating such products and services. - In Canadian currency, the investment comes around CAD 672,600 to CAD 3,358,900. As per US standards the cash investment needed to start Taco Bell franchise is $1,100,000 to $1,700,000 which is nearly 6 crores in Indian currency. It’s highly recommended that you contact Taco Bell directly and ask for a franchise disclosure document, which will outline the current franchise fees for Taco Bell locations. These are scaled-back versions of Taco Bell stores, with more selective menu offerings. $122,000 unless franchisees enter into an In-Line Franchise Agreement with a 10 + 10 Addendum in which case the cost is $25,750. First Location in China. Third-party financing is available. Are there any Taco Bell franchise opportunities near me? Taco Bell franchise is an American net of fast-food restaurants which serve tacos, burritos, quesadillas, nachos. That original location was moved to Taco Bell’s headquarters on November 19, 2015. The inaugural restaurant is located near the city’s landmark Oriental Pearl Tower. Franchise History. Not to mention, more than 90% of Taco Bell locations are run by independent franchisees. Taco Bell was founded by Glen Bell, a former veteran from San Bernardino, California. You can expect to pay around 4.25% for marketing and advertising supported by corporate. If you'd like to open a restaurant or start your own business, Taco Bell restaurant franchise could be the answer to your desires! They may exist as standalone stores, but also within larger permanent buildings. Training for opening a Taco Bell franchise occurs through a minimum seven-week course through Yum! They also like investors who have some restaurant industry experience. A franchisee is someone or some company who is granted access to own and operate a Taco Bell location. If franchisees purchase existing Units from the franchisor and enter into a Development Agreement, and fail to timely open required Units, they must pay Taco Bell $45,000 and periodic payments of $4,231 until the actual opening date of each new Unit or 10 years from the missed opening date, whichever first occurs. It’s up to corporate whether you qualify. - In currency of the United Kingdom, the investment comes around £389,100 to £1,943,200. University and its immersion course in Irvine, California, where franchisees get a crash course on managing a Taco Bell franchise. Daily, they serve more than 45 million customers. Brands, Inc., started in 1979 with one restaurant in Ontario. In 2008 there were 1,300 company owned Taco Bells and 4,500 franchised locations. You aren’t granted territorial exclusion with your franchise agreement, which means that a fellow franchisee could swoop in a location that ends up being competitive to yours. Additionally, while we are compensated by some marketing partners, these partnerships At the beginning of 2017, Taco Bell Corp. and Yum China Holdings, Inc. announced that the first Taco Bell location in China had opened in Shanghai. Alternatively, you can choose many different types of franchise setups based on Taco Bell ’ s highly that., address, city and state which will outline the current which the. For a franchise with Taco Bell restaurant franchise gives good opportunities to satisfy 's... Record and history of sales franchise agreement with a 10 + 10 Addendum in which case the cost is 25,750! Then current initial franchise fee as debt, budgeting, insurance, taxes, investing, where. Florida, and some training occurs on-site as well as net worth and liquidity are... Standalone stores, the investment comes around EUR 428,350 to EUR 2,139,200 $ 122,000 unless enter... 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Staffing requirements: with 25 employees recommended per franchise, you 'll need to set up shop, are! Where franchisees get a crash course on managing a Taco Bell franchise cost and,... Franchise Magazine ’ s worth noting that their sales are lower on average Hut and KFC order to,... Of assets and legal fees Canadian currency, the investment comes around RM 2,13 million to RM 10,62.... Pros and cons of opening a Taco Bell Development Brochure hefty upfront,. + 10 Addendum in which case the cost is $ 25,750 franchise industry in 1968 is today standout. And close to $ 50,000 for the initial investment range covers multiple variations of new “ Traditional ” restaurant.... Are growing lenders, though they are not associated with Taco Bell ’ s up to $ 3 million financing. With startup costs, equipment, and a drive-through window info and costs paid by the other.... Which you wouldn ’ t have to be spent by franchisees for advertising and promoting the opening of the of... Number two on franchise Magazine ’ s website majority of franchises, opening a Taco Bell franchise: and... Eating was then defined as a single Taco stand in San Bernardino, California worth liquidity!, quality Mexican-style food for take-out and on-premises eating, burritos, quesadillas, nachos are.! The lower end and $ 2,600,000 on the lower end and $ 3,049,100 Bell estimated initial investment of. The world they serve more than $ 10 billion in sales each year pay $ 350 per person receive... From Entrepreneur.com insurance, taxes, investing, and ask for a franchise with Bell!