Beef Corp., Flynn reaches $2.3 billion in annual sales. [28], PepsiCo spun out Taco Bell and its other restaurant chains in late 1997 in Tricon Global Restaurants. Taco Bell was founded by Glen Bell, an entrepreneur who first opened a hot dog stand called Bell's Drive-In in San Bernardino, California, in 1948. It was established in late 2006, after the departure of the U.S. Navy from Naval Air Station Keflavik. [7] Several locations in the Midwestern United States were converted from Zantigo, a Minneapolis, Minnesota-based Mexican chain which PepsiCo acquired in 1986. ", "Adios, Taco Bell: Original store moves from Downey to Irvine in late-night run", "Fast-food pioneer Glen Bell's South Bay connections", "Local restaurateur remembered as 'Mayor of Main Street', "Taco Bell Cools on Hot 'n Now Burger Chain: Fast food: Company plans to sell most of its hamburger outlets to franchisees and licensees. Open a Taco Bell Franchise in your city. The 2023 honor makes the popular fast-food eatery just one of three . Discipline and a perpetual focus on the bigger picture, Greg Flynn says. Our franchise business operations team help develop and manage the business throughout different stages and growth," says Nicolas Boudet, Vice President of US Development and Franchising at Taco Bell. Taco Bell soon became very popular, and today it is a leading fast-food restaurant chain with many units across the country. Taco Bell offers free soda refills in its stores. In June 2022, a family-owned and -operated Taco Bell franchise group in Minneapolis debuted a digitally focused two-story prototype restaurant that includes a four-lane drive-through. For the cost of $10, a customer can order one of seven different tacos each day for 30 consecutive days. This is a decent profit margin for a fast-food restaurant owner. The corporate office has had a few locations, and previously maintained an office at 2516 Via Tejon in Palos Verdes, then at 2424 Moreton Street in Torrance before settling into Irvine more than 40 years ago in 1976 at 17901 Von Karman Avenue. Customize your order now to skip our line inside! [100], In April 2021, Taco Bell said that it will start reusing hot sauce packets in partnership with the recycling company TerraCycle, aiming to reduce the environmental pollution. Brands announced that it was reopening Taco Bell locations in the United Kingdom as part of a large planned expansion into Europe. 0. Further restaurants are planned to be opened within the next 18 months (probably also in Cyprus' capital Nicosia). Getting the Name of a Specific Franchise Owner. Taco Bell. [67] The suit was eventually withdrawn,[68] and the company continued its advertising response by publicly requesting an apology from the suing firm of Beasley Allen. The commercial represents Taco Bell's first foray into movie theater advertising, featuring the ad during the opening previews of Transformers: Revenge of the Fallen and Public Enemies as well as screens in some movie theater lobbies. Taco Bell and our more than 350 franchise organizations operate over 7,200 restaurants that serve more than 40 million customers each week in the U.S. We offer detailed franchise research and contact data reports. In September, Inspire Brands announced it would be acquiring burger chain Sonic for $2.3 billion, including debt. Definition: A ongoing fee paid to the franchisor on a regular basis. Definition: The total amount necessary to begin operation of the franchise. Never miss a beat when you sign up to receive our newsletter. Yum! If you're approved, then you'll participate in the Taco Bell franchise training program. Taco Bell is ranked #8 in the Franchise 500! Taco Bell has multiple franchise opportunities and is committed to guiding their franchisees every step of the way. Initial investments: $525,100 - $2,622,400 If youre driven to succeed, passionate about owning your results, and committed to striving for excellence, you are our ideal candidate. Thanks to the popularity of the company and the marketing tools it implements, Taco Bell franchisees are often making the designated amount of income in their first year of ownership. Taco Bell has been present in Canada since 1981, with the first store opening in Windsor, Ontario. According to reports, some McDonald's restaurant owners have refused to promote the meal. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. He opened the first restaurant in California. [93], In July 2017, Taco Bell announced a partnership with Lyft in which Lyft passengers in Orange County, California, can request "Taco Mode" on their way to their destination from 9 PM to 2 AM, having a stop at Taco Bell. Other items include: the A.M. Crunchwrap, Cinnabon Delights, Breakfast Burrito, A.M. Grilled Sausage Flatbread Melt, Hash Browns, Coffee and Orange Juice. We serve made-to-order and customizable tacos, burritos, and specialties such as the exclusive . How to start a Taco Bell restaurant franchise? This ranking is based on an evaluation of more than 150 data points in the areas of. Incorporated: 1962 Employees: 70,000 Sales: $3.5 billion (1995) SICs: 5812 Eating Places; 6794 Patent Owners & Lessors Taco Bell Corp. is a California-based fast service restaurant chain that specializes in Mexican-style fast food. Taco Bell has been ranked near the top of Entrepreneur's Franchise 500 list many times in recent decades. Bell Beefer", "13 Discontinued Menu Items from Taco Bell", "Taco Bell's maiden Indian outlet opening at Mantri Square mall", "Taco Bell names Burman Hospitality as exclusive national franchise partner", "Taco Bell is going on expansion spree in India with plans to hire 20,000 people", "Taco Bell Buka Gerai Pertama di Indonesia Hari Ini", "Taco Bell Malaysia's first outlet is opening on April 2 at Cyberjaya | Malay Mail", "Eat Tacos To A View Of Sunway Lagoon At Taco Bell's New Store In Sunway Pyramid! Taco Bell Corp is a fast-food franchise that specializes in Mexican-inspired cuisine. [51], In 1993, Taco Bell was part of product placement for the movie Demolition Man and updated their currently used logo.[52][53]. [133] In 2019, the Taco bell expanded outside the Helsinki Metropolitan area to Lappeenranta and Turku. puts a unique stamp on day-to-day business. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee. The spots featured employees and franchisees stating that the filling has always been a mixture of 88% beef and various spices and binders and nothing else. as well as other partner offers and accept our, Inspire Brands CEO reveals his plans for Buffalo Wild Wings' comeback, Sonic's expansion, and more acquisitions, reportedly considering an IPO for Focus Brands, Ten companies control more than 50 of the biggest names in the chain restaurant business, from. HomeNorth American Preliminary ApplicationInternational Preliminary Application Browse 1000s of reports on 1000s of franchise systems. The Taco Bell Franchise Disclosure Document (FDD) is available for more in-depth information on the total investment. They're also aggressively expanding into the global market, which may create a great opportunity for entrepreneurs around the world to open a Taco Bell franchise close to home. [69], In March 2012, Taco Bell teamed up with Frito-Lay and created the Doritos Locos Tacos, which is a taco with a Dorito Nacho Cheese flavored taco shell. Scott Greenberg, author of 'The Wealthy Franchisee,' simplifies the process of getting your new employees up and running. Purchase of Existing Restaurants from the Franchisor or an Affiliate, Initial Franchise Fee: $25,000 Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. $750 for a 3 month extension; $2,250 for a 6 -month extension plus $1,000 for each additional month beyond 6 months. Not only did they top the list for 2022, but they were #1 last year and have been inside the top 20 since 2012the definition of blue-chip. The name underwent several changes, from Taco-Tia through El Taco, before settling on Taco Bell. "We don't need to do an acquisition to build scale. Today, Taco Bell is a major player in the Quick Service Restaurant sector under the Yum Brands umbrella. Let's look at a break down of the cost to open and operate a Taco Bell Franchise: Total Initial Investment: $1.2M-$2.8M Franchise Fee: $25k-$45k Grand Opening Expense: $5k It's worth noting that Taco Bell's parent corporation, YUM! Taco Bell opened its first Philippine branch on October 30, 2004, at the Gateway Mall in Cubao, Quezon City. Taco Bell has grown to be one of the largest restaurant chains globally. It takes only around 55,000 to 90,000 to own a Taco Bell franchise. [106][107][108][109] Replacing the old Why Pay More menu, Dollar Cravings currently contains thirteen food items all priced at a United States dollar. TACO BELL is one of the most recognized brands in in the fast casual space and being able to purchase a Profitable Location in Gwinnett County Georgia that has been Operating for Over 10 years Generating $185,000 in Seller . [62] On July 21, 2009, Gidget, the Chihuahua featured in Taco Bell ads in the late 1990s, was euthanized after suffering a stroke. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. Brands Inc. operates over 43,000 restaurant locations across 135 nations and territories. Cash Requirement $750,000. Call us at (800) 771-3282 or We Can Call You. The original location was a 400-square-foot (37m2) building about the size of a two-car garage, and was built with Mission-style arches that covered a small walk-up window that served the original menu items: Tostadas, burritos, frijoles, chiliburgers, and tacos, all for 19 cents ($2 in 2021 dollars [9]). [59][60], In 2009, Taco Bell introduced a music video style commercial entitled "It's all about the Roosevelts" composed and produced by Danny de Matos at his studio for Amber Music on behalf of DraftFCB Agency. Wholly Owned Subsidiary of PepsiCo, Inc. Were always looking for great people to serve as hourly employees and managers in Taco Bell restaurants across the country. [72][73], The Cool Ranch Doritos Taco, became available to order on March 7, 2013. Get ready for the franchising industry's biggest trade show event of the year. Whether youre conducting franchise buying due diligence process or enabling your sales team by getting them in contact with qualified franchise leads, obtaining a current list of Taco Bell franchise owners is critical, but it an be difficult. Together, they purchased ten Taco Bell restaurants in the greater Columbus area in 2012. This experiment lasted only a few years but these locations live on under different ownership and a different name. One other store opened in Uxbridge but all closed in the mid-1990s. [139], On April 4, 2017, Taco Bell opened its first restaurant in Eindhoven, Netherlands. The franchise requirements to become a successful franchise owner of Taco Bell are . Whether you live in or outside of the U.S., Taco Bell may be one of the best franchise organizations to open. Darden Restaurants is the Orlando, Florida-based company that owns eight chains, including Olive Garden, LongHorn Steakhouse, and Cheddar's Scratch Kitchen. Browse franchises that are similar to Taco Bell. Not only do we provide breakthrough value, we offer quality ingredients and are the first QSR restaurant to offer American Vegetarian Association (AVA)-certified menu items. The difficult part of this step of the franchise buying due diligence process lies in obtaining a current list of TACO BELL EXPRESS franchise owners. "I don't see in the next 10 years any dramatic changes other than a continued transparency with what you're serving people. Taco Bell is one of the most popular and recognizable brands in the U.S., which means that you may have a leg up on the competition. Read our In the late 2000s, Yum! For In-Lines and End-Caps, the greater of $12,500 or of applicable then current initial franchise fee. You should also prepare yourself for an initial investment made up of a franchise fee and other startup costs. In 2016, Taco Bell was named as one of Fast Companys Top 10 Most Innovative Companies in the World. Read more: Inspire Brands CEO reveals his plans for Buffalo Wild Wings' comeback, Sonic's expansion, and more acquisitions. Flynn is the first privately held franchise company to crest the $2 billion mark. ", "Free Tacos for U.S. [13], In 1978, PepsiCo purchased Taco Bell from Glen Bell. [151], As of March 2017, there are 32 Taco Bell restaurants in Spain; 13 of them are in Madrid, and the other 19 Taco Bell are distributed through Valencia (5), Mlaga (2), Barcelona (2), Zaragoza (2), Alicante (2) and Jerez de la Frontera, Murcia, Cdiz, Granada, Sevilla and Naval Station Rota with 1 restaurant. Taco Bell franchise is an American net of fast-food restaurants which serve tacos, burritos, quesadillas, nachos. These expenditures represent an estimated range of costs across the United States. Find out all needed info below: investment information, franchise cost and profit, franchise fees, franchise requirements for sale, etc. Taco Bell headquarters is located in Irvine, California and they're a subsidiary of Yum! Taco Bell is a subsidiary of Yum! A Taco Bell had long been a presence at the U.S. Army's Yongsan Garrison, which is off-limits to non-military personnel, and for a time there was a tongue-in-cheek grassroots campaign by non-Korean, non-military foreigners in Seoul to get another Taco Bell location. Taco Bell Franchisee Association IATBF Website Taco John's Franchisees ATJF Website The International Midas Dealers Association IMDA Website The National Association of Jack-in-the-Box Franchisees JIBFA Website The Owners 8 Association Owners 8 Website The Round Table Owners Association RTOA Website UPS Franchisees ICFO Website Since its founding in 1962 by American entrepreneur Glen Bell, Taco Bell has more than 7,700 locations in the United States. Following an aggressive campaign of expansion, Taco Bell's efforts soon withered, and the chain withdrew from Poland shortly thereafter. [18] Taco Bell Express locations operate primarily inside convenience stores, truck stops, shopping malls, and airports. Its one of the best ways to get in touch with owners of Taco Bell franchises around the United States. Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. But how much exactly does a Taco Bell franchise cost? [13] In 1967, the 100th restaurant opened at 400 South Brookhurst in Anaheim which was later replaced by a new restaurant at 324 South Brookhurst. Please see FDD for more details. ", "Taco Bell Recalls Shells That Used Bioengineered Corn", "Taco Bell Rings up $60 Million for StarLink-Contaminated Shells", "Tricon Global Restaurants, Form 10-12B/A, Filing Date Jul 28, 1997", "Taco Bell's Parent to Be Based in Louisville, Ky", "YUM! By 1964, they were selling franchise licenses, and by 1967, just five years after its founding, Taco Bell had reached the 100 location milestone.