Start-Up Costs and Fees |
||
| Fit for Life | Taco Bell | |
| Investment | 180000 - 999999 | 152250 - 3049100 |
| Franchise Fee | 0 | |
| Royalty Fee | 7% | 5.50% |
| Advertising Fee | 0% | 4.25% |
| Year Founded | 0 | 1962 |
| Year Franchised | 0 | 1964 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fit for Life | Taco Bell | |
| Experience | 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 |
||
| Fit for Life | Taco Bell | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fit for Life | Taco Bell | |
| Training | Available at headquarters, Additional training available | |
| Support | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. | 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 |
||
| Fit for Life | Taco Bell | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fit for Life | |
| Taco Bell | |
| Franchise Fee | |
| Fit for Life | |
| Taco Bell | |
| Royalty Fee | |
| Fit for Life | 7% |
| Taco Bell | 5.50% |
| Advertising Fee | |
| Fit for Life | 0% |
| Taco Bell | 4.25% |
| Year Founded | |
| Fit for Life | 0 |
| Taco Bell | 1962 |
| Year Franchised | |
| Fit for Life | 0 |
| Taco Bell | 1964 |
| Term Of Agreement | |
| Fit for Life | |
| Taco Bell | 20 years |
| Renewal Fee | |
| Fit for Life | |
| Taco Bell | |
Business Experience Requirements |
|
| Experience | |
| Fit for Life | |
| 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 | |
| Fit for Life | |
| Taco Bell | |
| Start-up Costs | |
| Fit for Life | |
| Taco Bell | |
| Equipment | |
| Fit for Life} | |
| Taco Bell | |
| Inventory | |
| Fit for Life | |
| Taco Bell | |
| Receivables | |
| Fit for Life | |
| Taco Bell | |
| Payroll | |
| Fit for Life | |
| Taco Bell | |
Training & Support |
|
| Training | |
| Fit for Life | |
| Taco Bell | Available at headquarters, Additional training available |
| Support | |
| Fit for Life | At Fit for Life, we fully understand the needs of a Franchisee "Business Person" and further understand that change in the business environment is constant and indeed needed. Fit for Life Head Office personnel are available on an ongoing basis to aid and assist in all levels of management for the benefit of the Franchisee. |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Fit for Life | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Operations | |
| Fit for Life | |
| 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 | |
| Fit for Life | |
| Taco Bell | |
| Canada Expansion | |
| Fit for Life | |
| Taco Bell | |
| International Expansion | |
| Fit for Life | |
| Taco Bell | |