The Taco Bell Corp is the most renowned fast service restaurant group that offers delicious 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 hundred countries and several territories and is serving the appetite of approximately 35 million customers at weekly basis. Hence, it is extremely beneficial to buy a Taco Bell Corp franchise for people want to make huge profits from a restaurant business.

Background Of Taco Bell Franchise

Taco Bell was founded by Glen Bell in the year 1962 in Bernardino, California. Bell left the Marine Corps at the age of 23 and started with a small hot dog stand. Within this stand he started selling taco for just 19 cents which gradually became so popular that 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 various yummy brands such as Pizza Hut, A&W Restaurants, KFC and Long John Silver’s. Today the wings of its franchise business have spread in all over U.S., Asia, Middle East and Canada. The recent statistics shows that the company has 4259 franchises in U.S. and that 243 in other foreign countries.

Reason For Choosing Taco Franchise

The vital reason for having a Taco franchise is the rapid growth in its sales figure. The seals reached $ 1.8 billion for the stores solely owned by the company. In addition to this the annual growth rate touched 6% in 2001. The U.S. franchises of Taco also made a sale of $4.4 billion during the same year. In 2007 the Taco brands were considered to be the best of all yummy brands.

Costs And Fees

The total cost of investment for setting up the franchise will vary from $1,324,300to $2,465,500. Regarding the fees it is $45,000 while the ongoing royalty is 5.5%. There are possibilities that the franchisee can even set up 3 restaurants within 3 years depending on the amount of sales. The franchisor offers financial facility both for the in-house and third party business pattern. The assistance 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.

Essential Qualifications

To run the franchise business successfully the minimum number of employees required by a unit is 25. The recommendation for the net worth and cash liquidity requirement by the Taco Bell Corp is $750,000 and $360,000 respectively. Another criteria in 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 both in the company headquarters and also in the specific locations. Various ongoing supports focusing on the security aspects, internet connections, excusive openings and evaluation of different field operations are carried out by the company. Beside this, exclusive support on marketing which incorporates the concept of regional and co operative advertising are also offered to boost up the franchise sales and profit.