The Taco Bell Corp is the most famous fast service restaurant group that offers delicious Mexican dishes. It is a California based company having 70 % share of restaurant business within the international market. Typically the company has expended its business in almost hundred countries and many territories and is serving the appetite of approximately 35 million customers at weekly basis. Hence, it is rather beneficial to buy a taco bell customer service for individuals want to make huge profits from a restaurant business.
History Of Taco Bell Franchise
Taco Bell was founded 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. Within this stand he began selling taco for just 19 cents which gradually became so popular which 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 many different yummy brands including 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 recent statistics implies that the company has 4259 franchises in U.S. and that 243 in other foreign countries.
Reason Behind Choosing Taco Franchise
The vital reason for having a Taco franchise is definitely the rapid increase in its sales figure. The seals reached $ 1.8 billion for your stores solely owned by the company. Furthermore the annual growth rate touched 6% in 2001. The U.S. franchises of taco bell corporate address also created a sale of $4.4 billion through the same year. In 2007 the Taco brands were considered to be the very best of all yummy brands.
Costs And Fees
The total expense of investment for putting together the franchise will vary from $1,324,300to $2,465,500. Concerning the fees it is $45,000 whilst the ongoing royalty is 5.5%. You will find possibilities that this franchisee can even set up 3 restaurants within 3 years depending on the level of sales. The franchisor offers financial facility both for 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 assistance from the company.
To perform the franchise business successfully the minimum number of employees required by a unit is 25. The recommendation for your net worth and cash liquidity requirement by the taco bell menu with prices is $750,000 and $360,000 respectively. Another criteria in this matter is the efficient marketing skills together 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 can be found in the company headquarters and also within the specific locations. Various ongoing supports focusing on the security aspects, internet connections, exclusive openings and evaluation of numerous field operations are completed by the company. Beside this, exclusive qwnlfc on marketing which incorporates the thought of regional and co operative advertising will also be provided to boost up the franchise sales and profit.