Start-Up Costs and Fees |
||
| Fuzzy's Taco Shop | Taco Bell | |
| Investment | 770500 - 1116500 | 152250 - 3049100 |
| Franchise Fee | 0 | |
| Royalty Fee | 3.5% - 5% | 5.50% |
| Advertising Fee | 2% | 4.25% |
| Year Founded | 2003 | 1962 |
| Year Franchised | 2009 | 1964 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Fuzzy's Taco Shop | 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 |
||
| Fuzzy's Taco Shop | Taco Bell | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Fuzzy's Taco Shop | Taco Bell | |
| Training | On-The-Job Training: 297 hours Classroom Training: 30 hours Additional Training: At company-owned store | Available at headquarters, Additional training available |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | Ad Templates Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, National media, Regional advertising |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 25 | 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 |
||
| Fuzzy's Taco Shop | Taco Bell | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Franchise Fee | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Royalty Fee | |
| Fuzzy's Taco Shop | 3.5% - 5% |
| Taco Bell | 5.50% |
| Advertising Fee | |
| Fuzzy's Taco Shop | 2% |
| Taco Bell | 4.25% |
| Year Founded | |
| Fuzzy's Taco Shop | 2003 |
| Taco Bell | 1962 |
| Year Franchised | |
| Fuzzy's Taco Shop | 2009 |
| Taco Bell | 1964 |
| Term Of Agreement | |
| Fuzzy's Taco Shop | 10 years |
| Taco Bell | 20 years |
| Renewal Fee | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
Business Experience Requirements |
|
| Experience | |
| Fuzzy's Taco Shop | |
| 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 | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Start-up Costs | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Equipment | |
| Fuzzy's Taco Shop} | |
| Taco Bell | |
| Inventory | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Receivables | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| Payroll | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
Training & Support |
|
| Training | |
| Fuzzy's Taco Shop | On-The-Job Training: 297 hours Classroom Training: 30 hours Additional Training: At company-owned store |
| Taco Bell | Available at headquarters, Additional training available |
| Support | |
| Fuzzy's Taco Shop | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Fuzzy's Taco Shop | Ad Templates Social media SEO Website development Email marketing Loyalty program/app |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Operations | |
| Fuzzy's Taco Shop | Absentee Ownership Allowed Number of Employees Required to Run: 25 |
| 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 | |
| Fuzzy's Taco Shop | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Taco Bell | |
| Canada Expansion | |
| Fuzzy's Taco Shop | |
| Taco Bell | |
| International Expansion | |
| Fuzzy's Taco Shop | |
| Taco Bell | |