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Taco Bell Corp.Quick-service Mexican restaurantBackground
Founded: 1962 Franchising since: 1964
After 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.
Franchisor is a publicly-held company with 500 employee(s) Franchise Units
Where Seeking Franchisees Nationwide Outside the U.S.: Asia, Canada, Central America, Middle East Costs and Fees
Total investment: $1,324,300 - $2,465,500
Franchise fee: $45,000 Ongoing royalty fee: 5.5% Term of agreement: 20 years, not renewable Express/kiosk option available Type of Financing Available
Qualifications Net worth requirement: $750,000 Cash liquidity requirement: $360,000 Business Experience:
Operations
Training and Support
Training
Ongoing Support
Marketing Support
Rankings
Franchise 500® rank:
#45 (2010); #20 (2009); #22 (2008); #35 (2006); America's Top Global Franchises: #39 (2010); #19 (2009); #15 (2008); #30 (2006); Related Franchises
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