The Taco Bell Corp is the most famous fast service restaurant group which offers delightful Mexican dishes. It is a California based company having 70 % share of restaurant business within the international market. Currently the company has expended its business in almost 100 countries and lots of territories and is serving the appetite of approximately 35 million customers at weekly basis. Hence, it is extremely good for purchase a taco bell ceo email for folks intend to make huge profits from a restaurant business.
History Of Taco Bell Franchise
Taco Bell began 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 very popular he opened a Taco Tia stand next to the hot dog. After selling the Taco Tia to his partner Glen established the first Taco Bell in Downey which started franchising from your year 1964. Today the Taco Bell franchises for various yummy brands like Pizza Hut, A&W Restaurants, KFC and Long John Silver’s. Today the wings of their franchise business have spread in all over U.S., Asia, Middle East and Canada. The current statistics shows that the company has 4259 franchises in U.S. and that 243 in other foreign countries.
Basis For Choosing Taco Franchise
The vital reason for using a Taco franchise is definitely the rapid increase in its sales figure. The seals reached $ 1.8 billion for your stores solely properties of the company. Furthermore the annual growth rate touched 6% in 2001. The U.S. franchises of taco bell corporate also made a sale of $4.4 billion through the same year. In 2007 the Taco brands were regarded as the best of all yummy brands.
Costs And Fees
The total cost of investment for putting together the franchise will vary from $1,324,300to $2,465,500. Concerning the fees it really is $45,000 whilst the ongoing royalty is 5.5%. There are possibilities that this franchisee can even set up 3 restaurants within 3 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 help from the company.
To perform the franchise business successfully the minimum number of employees required by a unit is 25. The advice for that net worth and cash liquidity requirement from the taco bell 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 are available in the company headquarters and also in the specific locations. Various ongoing supports focusing on the security aspects, internet connections, exclusive openings and evaluation of various field operations are carried out 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.