Start-Up Costs and Fees |
||
| Taco Bell | Fit for Life | |
| Investment | 152250 - 3049100 | 180000 - 999999 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 7% |
| Advertising Fee | 4.25% | 0% |
| Year Founded | 1962 | 0 |
| Year Franchised | 1964 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taco Bell | Fit for Life | |
| 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 |
||
| Taco Bell | Fit for Life | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taco Bell | Fit for Life | |
| Training | Available at headquarters, Additional training available | |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | 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. |
| 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 |
||
| Taco Bell | Fit for Life | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Taco Bell | |
| Fit for Life | |
| Franchise Fee | |
| Taco Bell | |
| Fit for Life | |
| Royalty Fee | |
| Taco Bell | 5.50% |
| Fit for Life | 7% |
| Advertising Fee | |
| Taco Bell | 4.25% |
| Fit for Life | 0% |
| Year Founded | |
| Taco Bell | 1962 |
| Fit for Life | 0 |
| Year Franchised | |
| Taco Bell | 1964 |
| Fit for Life | 0 |
| Term Of Agreement | |
| Taco Bell | 20 years |
| Fit for Life | |
| Renewal Fee | |
| Taco Bell | |
| Fit for Life | |
Business Experience Requirements |
|
| Experience | |
| 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 |
| Fit for Life | |
Financing Options |
|
| Franchise Fees | |
| Taco Bell | No |
| Fit for Life | No |
| Start-up Costs | |
| Taco Bell | |
| Fit for Life | |
| Equipment | |
| Taco Bell} | |
| Fit for Life | |
| Inventory | |
| Taco Bell | |
| Fit for Life | |
| Receivables | |
| Taco Bell | |
| Fit for Life | |
| Payroll | |
| Taco Bell | |
| Fit for Life | |
Training & Support |
|
| Training | |
| Taco Bell | Available at headquarters, Additional training available |
| Fit for Life | |
| Support | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| 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. |
| Marketing | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Fit for Life | |
| Operations | |
| 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) |
| Fit for Life | |
Expansion Plans |
|
| US Expansion | |
| Taco Bell | |
| Fit for Life | |
| Canada Expansion | |
| Taco Bell | |
| Fit for Life | |
| International Expansion | |
| Taco Bell | |
| Fit for Life | |