in same-store sales growth year over year, at 4%. Corporate Information Taco Bell Corp. is a corporation organized in the state o f California in 1962. Find out below. The Taco Bell brand in Canada, part of Yum! Definition: The total amount necessary to begin operation of the franchise. Amplify your business knowledge and reach your full entrepreneurial potential with Entrepreneur Insider’s exclusive benefits. What Does a Taco Bell Franchise Cost? Subscribe ». After adding between 150 and 175 new restaurants annually for six years, it exploded in 2019 with 375 new locations and a Q4 system-­wide sales jump of 13 percent. But how much exactly does a Taco Bell franchise cost? I think that kind of sums up what the brand is going for.”. Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business. Helpful links: Get insider info on franchising news, interviews, and more on Franchise How. A Taco Bell "Cantina" features an urban restaurant design, open kitchen, custom menu with shareable appetizers and alcoholic beverages. Privacy Policy. Delivering unique food and positive experiences for Taco Bell team members, teens and the community to help them get more out of life! News, Views & Tacos. Are you paying too much for business insurance? Brands, Inc., parent company of Taco Bell, also owns KFC and Pizza Hut. “Taco Bell has the perfect combination of being really innovative but trustworthy,” says Georgia State University’s Lawrence. Brands reported that digital sales grew by more than $1 billion over the year prior. Browse more franchises that are similar to Taco Bell. Glen’s legacy lives on today in Taco Bell’s 6,000 restaurants world-wide. Existing Hotel owners who want to expand their food varieties may go in for this Franchise opportunity. Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts. There are Taco Bell locations throughout the United States and the world. “Taco Bell is unique in the sense that there’s not really a major competitor to it in that space,” says Benjamin Lawrence, professor of franchise entrepreneurship at Georgia State University. And for the second quarter in a row, Yum! But Taco Bell has at least one thing those other brands don’t. Definition: A ongoing fee paid to the franchisor on a regular basis. But the buzzed-in logo went over great with colleagues. He sold his first franchise in 1964, and within three years, he'd grown Taco Bell to 100 locations —­­­ a number he’d triple before going public in 1970. Their archnemesis: the wicked Baron von Bland. Taco Bell’s unique positioning, says Lawrence, and in particular that collaborative relationship with franchisees, allows it to succeed as a value-driven restaurant even while constantly introducing new products and taking calculated marketing gambles. The estimated total Taco Bell franchise cost runs around $1,177,300 on the lower end and $2,600,000 on the higher end. “And here we are, all these months later, right? At one point, it introduced a superhero called the Commander of Seasoned Beef, who fought alongside the Super Delicious Ingredient Force team in an animated series modeled after a Saturday morning cartoon. Taco Bell FDD Summary Type of Business The franchisee will operate a single-brand Taco Bell Unit offering inexpensively priced, quality Mexican-style food for take-out and on-premises eating. Taco Bell endured years of falling sales without ever letting the struggle show, and the effort paid off: The master of hype finally scored #1 on our Franchise 500 list. It’s highly recommended that you contact Taco Bell directly and ask for a franchise disclosure document, which will outline the current franchise fees for Taco Bell locations. Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses. Brands launched the Recipe for Good, an initiative that drives socially responsible brand initiatives and philanthropic endeavors to fight racial inequity, food insecurity, and climate change. Taco Bell does business under the names Taco Bell and Taco Bell Express. Thanks to our partnership with career exploration organization Roadtrip Nation, current and former Taco Bell employees can share their career stories to inspire others. Franchisees negotiate their own beverage contracts and run the company’s supply chain through a franchisee-­owned cooperative. Must have a registered Taco Bell account. Do you have critical gaps in your coverage? By April, the company’s system-wide brand call — historically held once a quarter with more than a thousand franchisees and general managers on the line — became a weekly event. All in, Yum! Never miss a beat when you sign up to receive our newsletter. A few years later, Pepsi-Co bought the company and spun it off as Yum! Year Business Began: 1962 Franchising Since: 1964 Headquarters: Irvine, California Estimated Number of Units: 7,135 Franchise Description: Taco Bell Franchisor, LLC is the franchisor. The lawsuit was dropped by April. Taco Bell Headquarters 1 Glen Bell Way Irvine, CA 92618. Franchising began two years later. But even while projecting a youthful facade, the brand had to do a lot of growing up before reaching this moment — its first-ever appearance at the top of Entrepreneur's Franchise 500 list. As Taco Bell entered 2020, everyone in the company was excited. Taco Bell had clearly entered a hot streak. Brands scrambled to deploy gloves and masks to more than 7,000 locations, and in a continued commitment to franchisees, it extended grace periods, deferred royalty payments, and pushed off development commitments. On the strength of all this, the franchise cultivated a committed fan base that skews younger, hipper, and more creative — the exact type you’d expect to show up for a resort takeover. “We call it the secret sauce at Taco Bell, this innovative, aggressive marketing program where we want to stand out,” says Paradise. As the legend goes, Taco Bell founder Glen Bell entered the food business in San Bernardino, Calif., in 1948. Brands, Inc., started in 1979 with one restaurant in Ontario. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee. Decisions had to be made fast, so there was no time to put them through the usual committees. Explore our menu and discover new products, find the closest Taco Bell location, view franchise information, and more. Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through nearly 7,000 restaurants across the nation, as well as through its mobile, desktop and delivery ordering services. In 2015, long before plant-based meat substitutes swept the restaurant world, Taco Bell became the first fast-food joint to feature menu items certified by the American Vegetarian Association. There were other PR crises about meat quality and food production, but through it all, Taco Bell was unwavering in its defense, and it became increasingly creative in its messaging. has 50,000 restaurants in 150 countries. Let the business resources in our guide inspire you and help you achieve your goals in 2021. He started with a hot-dog-and-hamburger stand — just like a couple of other guys you might have heard of. Order Taco Bell straight to your door with Deliveroo or Uber Eats, or skip the queue and collect at your nearest restaurant. Taco Bell could be a good choice for franchisees who wish to enter the fast-food industry with the advantage of a long-standing, nationally known brand. Taco Bell Headquarters Official website You can collect all the information from their official Website which is www.tacobell.com. Entrepreneur Franchise Advisors will guide you through the franchising process from start to finish, for FREE. The brand's worldwide growth of 6% matched KFC's as well. Here’s what you need to know if you’re interested in opening a Taco Bell franchise. When the tacos proved as popular as he had hoped, he started opening Taco Tia stands where tacos were the stars of the menu. Allergen and Nutrition Info By then he’d pioneered the ready-made shells that kept him competitive with other fast-food chains. Taco Bell and its more than 350 franchise organizations proudly serve over 42 million customers each week through nearly 7,000 restaurants across the nation, as well as through its mobile, desktop and delivery ordering services. Taco Bell Franchise Information from Entrepreneur.com. The transformation played big with media and customers — ­but it probably wouldn’t have been possible without the support of the company’s franchisees, says Geiger, of UBS. He understood the power of corporate excitement — he’d turned TaylorMade into the world’s most profitable golf company and tripled sales as president of Adidas North America. Bell had known the McDonald brothers since childhood, and Bell’s Drive-In launched in competition with the original 1940 McDonald’s. Courtesy of Taco Bell. Read our We’ll feature a different book each week and share exclusive deals you won’t find anywhere else. Come see us for Mexican inspired food such, tacos, quesadillas and more. Among its many challenges: From 2002 to 2005, Taco Bell endured a four-year national boycott for human rights violations related to tomato pickers. No cash value. A Taco Bell with beer, wine, sangria and twisted Freezes. And of course, it also produces a steady stream of news-making new dishes — like French Toast Chalupas and Kit Kat Chocoladillas — that might as well be marketing stunts all their own. Fact: The Taco Bell franchise has a mind-numbing 70% market share in the Mexican quick service franchise segment. Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened. But perhaps most significantly, Taco Bell began working toward success on the other side of the pandemic. What you need to know: Net worth is the value of a person's assets minus liabilities. Compare where Taco Bell landed on this year’s Franchise 500 Ranking versus previous years. YUM! Some are more wholesome than others, but they’re all on the up-and-up.) Related: 20 Facts You Probably Didn't Know About Taco Bell. After a respectable #6 finish on our 2003 list, Taco Bell slipped off our top 10 for 15 years. The restaurant went viral this week, with 1.4 million people watching a travel influencer's tour of the Pacifica location. On a single Tuesday in March, Taco Bell gave away one million tacos at the drive-through and transformed its trucks into mobile commissaries to feed frontline workers too busy to visit. Have You 'Immunized' Your Franchise Portfolio Against the Coronavirus? During that time, it battled negative perceptions over meat quality, bad press over lawsuits, and a seven-year stretch of same-store sales declines. During that time, Taco Bell introduced a boozy new upscale Cantina concept and became the first QSR brand to integrate its POS system directly into the Grubhub app — a $200 million deal that doubled the check size on delivery orders and helped boost sales by 6 percent. Today, Taco Bell is a subsidiary of Yum! Brands Inc., which also franchises KFC and Pizza Hut. The move earned Yum! The restaurants serve a variety of Mexican-inspired foods, that include: tacos, burritos, quesadillas, nachos, novelty and specialty items, along with a variety of "value menu" items. You can also contact the customer service department with feedback at 1-800-822-6235. They are really focusing on recruiting more new franchisees that can develop a lot of units for a period of time. It also donated $1 million to the No Kid Hungry charity. Curious to know where Taco Bell ranked on other franchise lists? Eight years later, after selling Taco Tia, Bell opened the first Taco Bell. While Taco Bell does not indicate any specific space requirements, a minimum of 1000 square feet to 1200 square feet is considered as a reasonable space. It lives on in the millions of customers who come to Taco Bell every week for that unique experience no other restaurant can offer. In 2017, Yum! * Request Free Information At $11 billion, Taco Bell’s annual sales dwarf those of its closest rival, Del Taco, which clocks in at $850 million. View verified Taco Bell restaurant franchise owner contacts now! Customers’ workplace commutes evaporated, and after years of unbounded growth, Taco Bell’s second-quarter sales dropped 8 percent. Barring something massive and unforeseen, nobody could imagine how its growth would be derailed. With in-store kiosks, customers can simply press a button to shift the ordering screen to “Veggie Mode,” and with classic Taco Bell theatrics, the company claims its 34 vegetarian ingredients can be combined into “one million unique vegetarian combinations.”. After its 15-year hiatus, Taco Bell returned to the Franchise 500 top 10 list with a #8 finish in 2018. Taco Bell is an American-based chain of fast food restaurants originating in Irvine, California in 1962, by founder Glen Bell.Taco Bell is a subsidiary of Yum! In 2003, it lost a protracted $42 million breach-of-contract lawsuit with the creators of its wildly successful “Yo quiero Taco Bell” campaign, which starred a needy chihuahua and drew criticism for racial stereotyping. To Lawrence’s point, Taco Bell’s Q3 2020 report was encouraging: The company gained back 3 percent of the same-store sales drop caused by the pandemic. This story appears in the All 70 rooms had sold out within minutes, booked by superfans dreaming of floating on pool rafts shaped like hot-sauce packets while sipping spiked Mountain Dew Baja Blast slushies in plush Taco Bell robes. The company had emerged victorious over its critics. You will need to contact your employer in order to get your W-2.. More important, franchisees were happy, and customer sentiment was high. They also serve on committees for just about everything — operations, technology, marketing — ­and when there’s friction, they work toward compromise. Which of the Entrepreneur Franchise 500 entries is the cheapest, and which is most expensive? There are 2 numbers provided by them. For decades, the fast-food franchise has deployed masterful marketing campaigns to win customers. And still not much different.”, Related: Buying a Franchise Post-Pandemic. Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company. (For the record, the beef is 88 percent meat and 12 percent fillers. “It takes two to tango in the franchise business,” says David Paradise, a franchisee and president of Franmac, Taco Bell’s franchise association. After leaving the Marine Corps at 23, Glen Bell came home to San Bernardino, California and opened a hot dog stand. Definition: The initial fee paid to a franchisor to join their system. Brands, Inc. Brands, Inc. and is the largest Mexican-style quick service restaurant chain in the world with a staggering 70% market share serving over 35 million consumers each week. He was headed not for the border but for “The Bell” — the brand’s four-day takeover of the V Palm Springs, a chic hotel about an hour away. Related: Taco Bell Is Having a 'Go Big or Go Home' Moment. Their corporate office number is 1-949-863-4500 And you can also call their customer service at 1800-822-6235 which is a toll-free number. Then #2 in 2020. “When we talk to owner-operators or franchisees of other brands, many of them voice to us interest in getting into the Taco Bell system.”, This helps Taco Bell think big with its marketing stunts. The efforts resulted in new, family-size meal packs with 10 or 14 tacos or burritos, which doubled the number of tickets over $20, plus a new marketing budget to raise awareness for delivery and order-ahead options. Today they own 93 percent, and they have a loud voice. Franchisees can expect to make a total investment of $1,000,000 - $2,000,000. So, do you qualify to become a Taco Bell franchisee? He sold his first franchise in 1964, and within three years, he'd grown Taco Bell to 100 locations —­­­ a number he’d triple before going public in 1970. Copyright © 2021 Entrepreneur Media, Inc. All rights reserved. “We overcommunicated,” says King. Another kind of not-meat is coming to Taco Bell this year. To buy a franchise with Taco Bell, you'll need to have at least $360,000 in liquid capital. Trust Entrepreneur to help you find out. It wasn’t the look he imagined for his first-ever presentation the following week to the board of directors of parent company Yum! Behind the scenes, Taco Bell was working on another secret weapon. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. On a hot August Saturday in 2019, less than a week into his new job as CEO of Taco Bell Corporation, Mark King started driving east from his office in Irvine, Calif. These are stand alone Taco Bell … Taco Bell endured years of falling sales without ever letting the struggle show, and the effort paid off: The master of hype finally scored #1 on our Franchise 500 list. So come inside, or visit our drive-thru. Yes, you read that right. Chalk it up to the everlasting appeal of Taco Bell stunts. But for Taco Bell, it was crunch time. Additional details about running this franchise. In 1962, Bell sold the Taco Tia brand to his partners and opened the first Taco Bell in Downey, California. Soon-to-be second gentleman Doug Emhoff put the final kibosh on a decade-long legal battle over the famous commercial mascot. Because when you’re 16, you want to be 25, and when you’re 45, you want to be 25. Entrepreneur® and its related marks are registered trademarks of Entrepreneur Media Inc. Are you unsure which franchise is right for you. They come to the brand not just for tasty, cheap chalupas but for a good time. By the time his head hit the Fire Sauce packet pillow, he had a Taco Bell logo shaved into the side of his trim gray haircut. In April, it revealed a store-of-the-future concept called Go Mobile, which will debut early 2021 and cater to app-based orders with two drive-through lanes — one for “BellHops” who carry food to cars — and an option for contactless pickup. Currently, The Taco Bell Company have set a goal of opening 2,000 more Mexican restaurant locations by 2023. It also announced a switch to cage-free eggs, reduced its use of chickens raised on human antibiotics, and pledged to reduce human antibiotics in beef 25 percent by 2025. Copyright © 2021 Entrepreneur Media, Inc. All rights reserved. The initial investment required falls somewhere between $570,600 and $3,049,100. You can also order online and skip our line inside. Taco Bell is owned by Yum! Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees. The optimism might sound crazy, but then again, crazy is half the fun. You can also order online and skip our line inside. It ran ads with the bold headline “Thank you for suing us” and, underneath, a list of its so-called “mystery” ingredients. To see our complete Franchise 500 rankings, please click here, or view more stories here. a spot on the Dow Jones Sustainability North America Index in 2019, and survey data collected by the public opinion firm YouGov found that Taco Bell’s consumer sentiment score roughly doubled over a two-year span. Through this partnership, you can see all of the opportunities afforded to you whether you want to start with us or stay with us. Order Now. Related: Have You 'Immunized' Your Franchise Portfolio Against the Coronavirus? Definition: The length of time your franchise agreement will last. Find your nearby Taco Bell at 501 Stockwell Road in Bossier City. The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. Every day for two months, even Saturdays and Sundays, King got on a call with Paradise, global chief operating officer Mike Grams, and a handful of other franchisees and corporate leaders. Brands. As King cruised down Highway 10, he still wasn’t sure what to expect from the 57-year-old brand he’d just signed up to run. What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. It worked. They also offer financing via 3rd party. Taco Bell Is Having a 'Go Big or Go Home' Moment, The 'Nicest Taco Bell in the World' Is Exploding on TikTok, as People Marvel at the Beachfront Views and Boozy Drinks. Plus, enjoy a FREE 1-year. Image credit: Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company. But when Bell noticed the long lines at a tiny, independent Mexican restaurant across the street, he devoured as many of their tacos as he could, reverse-­engineered the recipes, and opened Taco Tia in 1954. Get heaping discounts to books you love delivered straight to your inbox. A lesser company might have accepted its fate as a low-energy value brand. Plus, it’s company-owned, while Taco Bell boasts some of the most involved franchisees in the country. COVID-19 is a new kind of challenge, but Taco Bell already knows how to face adversity. “This is one of the happier franchise groups out there,” he says. Chipotle is more likely to steal customers from Panera than from Taco Bell. As of 2018, Taco Bell is leading Yum! Catch up on the latest franchise news, trends, and more. But his real interest was in alternative menu items, so he began selling tacos for 19 cents from a side window of the hot dog stand. January 2021 Taco Bell is a brand clear on our purpose - to Feed People's Lives with MÃ s. MÃ s means doing more and giving more with passion, creativity and a twist. In 2008, a financial crisis. For employees diagnosed or caring for someone with COVID-19, the company launched a global medical relief fund. Known the McDonald brothers since childhood, and Habit Burger meanwhile Taco was! Opening a franchise goals in 2021 advertising or marketing efforts # 6 finish on 2003. Restaurant design, open kitchen, custom menu with shareable appetizers and alcoholic beverages in. The value of a longer reality, Taco Bell is a toll-free number I ’ loved. 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