People who want to own their own Taco Bell are required to have a net worth of at least $1.5 million and access to at least $750,000 in cash or other liquid assets. This is requested by the company to verify that you have the financial capacity to face the investment.
That’s because even though Taco Bell’s initial franchise fee ranges from $25,000 to $45,000 per location, opening a Taco Bell is far from a low-cost proposition.
To open their new Taco Bell franchise, franchisees should expect to invest between $500,000 and $2.5 million, cost varies based on location, restaurant format, and other factors.
In 2005, Taco Bell generated more than $6 billion in revenue from franchised and corporate-owned restaurants. Today, what was once a single taco stand has grown to encompass some 6,000 stores in nearly thirty countries, and worldwide sales have managed to exceed $10 billion.
Taco Bell was founded in 1962 and grew to dominate the Mexican-inspired fast food market through low pricing strategy, creative promotions, and constant menu experimentation.
Today, Taco Bell serves 42 million customers each week through more than 7,000 restaurants worldwide, approximately 90% of which are franchised.
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