Start-Up Costs and Fees |
||
| Barberitos | Taco Bell | |
| Investment | 119800 - 554025 | 152250 - 3049100 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | 2% local | 4.25% |
| Year Founded | 2000 | 1962 |
| Year Franchised | 2000 | 1964 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Barberitos | Taco Bell | |
| Experience | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. | Multi-unit Operations Background Restaurant, retail and/or gas convenience experience Geographically Desirable Open to locate in a strategic market and have local market knowledge Experience/skills Run a successfull business, with p/l responsibility, and development experience Team Builder Experience in staffing and retaining employees, demonstrated leadership skills A culture fit with taco bell Commitment to world class operations with strong recognition mindset Financial Strength Minimum of $750,000 liquid assets and $1,500,000 net worth |
Financing Options |
||
| Barberitos | Taco Bell | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Barberitos | Taco Bell | |
| Training | Available at headquarters, Additional training available | |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Barberitos | Taco Bell | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Barberitos | |
| Taco Bell | |
| Franchise Fee | |
| Barberitos | |
| Taco Bell | |
| Royalty Fee | |
| Barberitos | 5% |
| Taco Bell | 5.50% |
| Advertising Fee | |
| Barberitos | 2% local |
| Taco Bell | 4.25% |
| Year Founded | |
| Barberitos | 2000 |
| Taco Bell | 1962 |
| Year Franchised | |
| Barberitos | 2000 |
| Taco Bell | 1964 |
| Term Of Agreement | |
| Barberitos | 10 years |
| Taco Bell | 20 years |
| Renewal Fee | |
| Barberitos | |
| Taco Bell | |
Business Experience Requirements |
|
| Experience | |
| Barberitos | Restaurant experience is not necessary! The Barberitos system was conceived and set up to be successful for people coming from outside the restaurant industry as well as existing restaurateurs. Our time tested methods and outstanding field support, along with your passion to succeed are all that are needed. Solely " or collectively as an ownership group " have a net worth of at least $700,000 and liquid assets of at least $200,000. Must be able to pass a background inquiry, including credit worthiness, no criminal history, no extensive litigation and a satisfactory motor vehicle report. Must be willing to work hard and be a hands-on operator. Must have a passion for the Barberitos brand and promote and carry out our mission statement. |
| Taco Bell | Multi-unit Operations Background Restaurant, retail and/or gas convenience experience Geographically Desirable Open to locate in a strategic market and have local market knowledge Experience/skills Run a successfull business, with p/l responsibility, and development experience Team Builder Experience in staffing and retaining employees, demonstrated leadership skills A culture fit with taco bell Commitment to world class operations with strong recognition mindset Financial Strength Minimum of $750,000 liquid assets and $1,500,000 net worth |
Financing Options |
|
| Franchise Fees | |
| Barberitos | |
| Taco Bell | |
| Start-up Costs | |
| Barberitos | |
| Taco Bell | |
| Equipment | |
| Barberitos} | |
| Taco Bell | |
| Inventory | |
| Barberitos | |
| Taco Bell | |
| Receivables | |
| Barberitos | |
| Taco Bell | |
| Payroll | |
| Barberitos | |
| Taco Bell | |
Training & Support |
|
| Training | |
| Barberitos | |
| Taco Bell | Available at headquarters, Additional training available |
| Support | |
| Barberitos | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Barberitos | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Operations | |
| Barberitos | |
| Taco Bell | Franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Barberitos | |
| Taco Bell | |
| Canada Expansion | |
| Barberitos | |
| Taco Bell | |
| International Expansion | |
| Barberitos | |
| Taco Bell | |