The Taco Bell Corp is regarded as the well known fast service restaurant group that provides delightful Mexican dishes. It is a California based company having 70 % share of restaurant business in the international market. Currently the company has expended its business in almost 100 countries and several territories and is serving the appetite of around 35 million customers at weekly basis. Hence, it is rather good for purchase a taco bell phone number for individuals need to make huge profits from a restaurant business.
History Of Taco Bell Franchise
Taco Bell was founded by Glen Bell around 1962 in Bernardino, California. Bell left the Marine Corps at 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 he opened a Taco Tia stand beside the hot dog. After selling the Taco Tia to his partner Glen established the first Taco Bell in Downey which started franchising from 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 their franchise business have spread in every over U.S., Asia, Middle East and Canada. The recent statistics shows that the company has 4259 franchises in U.S. which 243 in other foreign countries.
Reason Behind Choosing Taco Franchise
The vital reason for using a Taco franchise is the rapid growth in its sales figure. The seals reached $ 1.8 billion for the stores solely properties of the company. Furthermore the annual growth rate touched 6% in 2001. The U.S. franchises of taco bell reviews also created a sale of $4.4 billion throughout the same year. In 2007 the Taco brands were regarded as the very best of all yummy brands.
Costs And Fees
The complete cost of investment for setting up the franchise can vary from $1,324,300to $2,465,500. With regards to the fees it is actually $45,000 whilst the ongoing royalty is 5.5%. There are possibilities the franchisee can even set up 3 restaurants within three years depending on the quantity of sales. The franchisor offers financial facility for both the in-house and alternative party business pattern. The guidance 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 operate the franchise business successfully the minimum number of employees required by a unit is 25. The advice for your net worth and cash liquidity requirement from the taco bell breakfast is $750,000 and $360,000 respectively. Another criteria in this particular matter is definitely the efficient marketing skills in addition to experience on the particular industry.
Excellent Training And Support
The company provides extensive training and support programs for smooth running of franchise business. Trainings can be purchased both in the company headquarters as well as within the specific locations. Various ongoing supports focusing on the security aspects, online connections, exclusive openings and evaluation of various field operations are carried out by the company. Beside this, exclusive qwnlfc on marketing which incorporates the thought of regional and co operative advertising can also be accessible to improve the franchise sales and profit.