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Taco Bell Franchise

Taco Bell Franchise. Maddie Lander. History. • Glen Bell was the man who started the company. • In 1952 he sold his first stand. • The first menu was hamburgers and hot dogs then the McDonald’s brothers started with McDonalds.

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Taco Bell Franchise

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  1. Taco Bell Franchise Maddie Lander

  2. History • Glen Bell was the man who started the company. • In 1952 he sold his first stand. • The first menu was hamburgers and hot dogs then the McDonald’s brothers started with McDonalds. • He started Taco Bell because he was a Mexican takeout customer and hated the long painful waits, and he needed a new idea. • The taco sauce now is the Chili’s-dog sauce he used to use. • 19 cent tacos. •Starting name was Taco Tias. • Started between 1954 and 1955.

  3. Products • Tacos • Burritos • Gordita • Salads • Nachos • Chalupas • Desserts and Sides • Beverages • Specialties

  4. Company’s Status • Taco Bell is not in the top 500 franchises • 3803 franchise units • Taco Bell is not sharing further plans with us

  5. Taco Bell + The Community • Taco Bell has a foundation for teens • They help Orange County Area in California

  6. Opening a Taco Bell Time Line • >2-4 Weeks: Qualification • >3-5 Weeks: Operations Interviews • >3 Weeks: Discovery Day/ Approval • >8-10 Weeks: Site Strategy Exploration • >12-16 Weeks: Securing Site Control • >6-8 Weeks: Site Registration/ Approval • >6-18 Months: Entering The System • Ongoing: Preparing To Grow

  7. Fees and Requirements • You can contact (866) 2YUM-YUM to get more information • Franchise Fee: $45,000 • Term of Franchise Agreement: 20 years, not renewable • Ongoing Royalty Fee: 5.5% • Company will provide a service of training and allowing the logo and restaurant to be placed where it is and be under the management. • There are not specific requirements for the owner

  8. Bibliography • www.tacobell.com • www.yumfranchise.com • www.franchising.com • www.franchise.org • www.entrepreneru.com

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