How to open a Taco Bell franchise?
- Ensure you have adequate capitalization. In order to open a Taco Bell franchise, you must have a net worth of more than $525,000.
- Appreciate the investment required for a restaurant franchise. ...
- Evaluate your prior experience and strengths. ...
- Assess market availability. ...
- Submit your application. ...
- Receive approval & opening your Taco Bell franchise. ...
Full Answer
How much does it cost to buy a Taco Bell franchise?
To buy a franchise with Taco Bell, you'll need to have at least $360,000 in liquid capital. Franchisees can expect to make a total investment of $1,000,000 - $2,000,000 . They also offer financing via 3rd party.
How much money does a Taco Bell franchise owner make?
Taco Bell franchise owners make a good salary Well, they may not be making hand over fist amounts of cash more, but they can expect to earn an annual income of between $80,000 and $100,000 per restaurant (via Franchises for Sale).
How much do you get paid a Taco Bell?
Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options. How much does Taco Bell in Texas pay? Average Taco Bell hourly pay ranges from approximately $7.25 per hour for Member Services Representative to $27.72 per hour for Assistant General Manager.
What is the real cost of owning a franchise?
“The company asks for as little as $10,000 for a franchise fee and pays for the land, construction, and equipment of the franchise outlet, which it then rents out to the franchise at 15% of its gross sales plus 50% of profit before tax.” In contrast, McDonald’s would cost you $1 million to start a franchise.
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Company Overview
After leaving the Marine Corps at 23, Glen Bell came home to San Bernardino, California and opened a hot dog stand. But his real interest was in alternative menu items, so he began selling tacos for 19 cents from a side window of the hot dog stand.
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Taco Bell franchise.
Financial Requirements & Ongoing Fees
Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
Franchise 500 Ranking History
Compare where Taco Bell landed on this year’s Franchise 500 Ranking versus previous years.
Additional Rankings
Curious to know where Taco Bell ranked on other franchise lists? Find out below.
What Does a Taco Bell Franchise Cost?
To buy a franchise with Taco Bell, you'll need to have at least $360,000 in liquid capital. Franchisees can expect to make a total investment of $1,000,000 - $2,000,000. They also offer financing via 3rd party. *
Options
At Yum! Brands, we connect successful professionals like you to brands people crave! We leverage your experience by helping you become a multi-unit franchisee with some of the biggest brands in the business.
Background
The fast food giant has over 7,567 locations around the world. Taco Bell, which is operated by Yum! Brands, has made a significant name for itself as the largest taco and burrito chain in the world.
Support and Training Offered By Taco Bell
The Taco Bell franchise offers On-The-Job Training that lasts 400 hours, as well as Classroom Training that lasts for 8 hours. Additionally, the company offers on-going training and marketing support.
Franchises Similar to Taco Bell
The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises.
How to Start Taco Bell Franchise In India
Particularly the food industry has opened up so much pulling itself out of the clutches of tradition and age old practices that it is just astonishing. Fast food chains are increasing in number every other day.
Why we say that becoming a Taco Bell Franchise is a profitable business affair?
The first and foremost reason we would mention to substantiate that becoming a Franchise for Taco Bell is a sure shot profitable business venture is because it is a fast food chain.
Cost of Investment and space requirements to become a Franchise for Taco Bell
The cost requirement to become a Taco Bell Franchise in India is approximately 3 crores. Existing Hotel owners who want to expand their food varieties may go in for this Franchise opportunity. 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.
What does a Taco Bell Franchise Cost?
The cost a Taco Bell franchise ranges between $1 million-$2 million. Taco Bell also charges a $45,000 franchise fee, an ongoing royalty fee equal to 5.5% of gross sales, and a marketing fee equal to 4.25% of gross sales.
Set Yourself Apart and Partner with the Leader in the Mexican QSR Franchise Industry
Taco Bell is the world's leading Mexican-style restaurant chain. We offer a wide range of menu items such as tacos, burritos, crunchwraps, loaded fries, quesadillas and nachos.
About
Taco Bell and our more than 350 franchise organizations operate over 7,000 restaurants that serve more than 40 million customers each week in the U.S. Internationally, the brand is growing with nearly 500 restaurants across almost 30 countries across the globe.
Do You Have What It Takes? Capability. Commitment. Capital
While Yum! franchising is a fantastic opportunity for many, it may not be for everyone. Have a look at the following criteria to see if Yum! is right for you:
Taco Bell
Taco Bell Corp., based in Irvine, California, is a subsidiary of Yum! Brands, Inc. (NYSE: YUM), and the nation's leading Mexican-style quick service restaurant chain.
Multibranding The Power of Two!
Yum! Brands is the worldwide leader in Multibranding, offering consumers more choice, convenience and value at one restaurant location by combining two of our great brands under one roof.
Yum! Value Network
We recognize there are many franchising choices out there and you need real value. You need strong brands that have demonstrated economic stability over time that offer growth opportunity and that give back to the community. Yum! offers all of this and more. It's what we call the Yum! Value Network.
First Off: How Much Does It Cost To Buy A Taco Bell Franchise?
If you’re thinking of becoming a Taco Bell owner, you need to know what the cost of a Taco Bell franchise is.
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. And now is the time to pull the trigger. But why? 3 Reasons.
Taco Bell News Updates
The new store design is coming from Taco bell. Named Taco Bell Defy, it’s expected to be the fastest way ever to get Taco Bell – from cruising into any of its four lanes, to checking in and grabbing your Taco Bell favorites. – it’s the frictionless future of Taco Bell. Read more about Defy
Party-Hearty
Note: Taco Bell, for awhile, was known as the go-to place for late-night partiers. Not anymore. Now, it’s quickly becoming known as a place that serves high-quality fast food.
Franchise Profits
When it comes to the profit side of a fast food franchise business, figure on making 5-8% of your revenue.
Solid Reasons For Owning A Taco Bell
The upshot of all this is I just gave you 3 solid reasons to buy a Taco Bell franchise right now.
An Observation
Finally, I do have one concern about owning a Taco Bell, and it has to do with store design.