At a Glance
Products & Services: Mexican food
Number of Locations: 6,053
Total Investment: $1.2M - $2.6M
Began Franchising: 1964
About Taco BellAfter leaving the Marine Corps at 23, Glen Bell came home to San Bernardino, California and opened a hot dog stand. 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. When the tacos proved as popular as he had hoped, he started opening Taco Tia stands where tacos were the stars of the menu. In 1962, Bell sold the Taco Tia brand to his partners and opened the first Taco Bell in Downey, California. Franchising began two years later.
Today, Taco Bell is a subsidiary of Yum! Brands Inc., which also franchises A&W Restaurants, KFC, Long John Silver's and Pizza Hut. There are Taco Bell locations throughout the United States and the world.
Startup Costs, Ongoing Fees and Financing
Franchise Fee: $45,000
Ongoing Royalty Fee: 5.5%
Term of Franchise Agreement: 25 years
Financial RequirementsNet Worth: $1,500,000
Liquid Cash Available: $750,000
|Financing Type||In-House||Third Party|