The Taco Bell Corp is the most well known fast service restaurant group that 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 around 35 million customers at weekly basis. Hence, it is extremely helpful to buy a taco bell customer service 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 during 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 quite popular that he opened a Taco Tia stand next to the hot dog. After selling the Taco Tia to his partner Glen established the very first Taco Bell in Downey which started franchising from the year 1964. Today the Taco Bell franchises for a number of 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 current statistics implies that the company has 4259 franchises in U.S. and this 243 in other foreign countries.
Basis For Choosing Taco Franchise
The vital reason for possessing a Taco franchise will be the rapid growth in its sales figure. The seals reached $ 1.8 billion for that stores solely owned by the company. Additionally 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 considered to be the very best of all yummy brands.
Costs And Fees
The total cost of investment for setting up the franchise will be different from $1,324,300to $2,465,500. Concerning the fees it is $45,000 while the ongoing royalty is 5.5%. You will find possibilities the franchisee can even set up 3 restaurants within three years depending on the level 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 the help of the company.
To operate the franchise business successfully the minimum number of employees necessary for a unit is 25. The recommendation for the value and cash liquidity requirement through the taco bell is $750,000 and $360,000 respectively. Another criteria in this particular matter will be 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 are available 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 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.