Start-Up Costs and Fees |
||
| Taco Bell | Maid-Rite | |
| Investment | 152250 - 3049100 | 99375 - 141500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 4.25% | 2% |
| Year Founded | 1962 | 1926 |
| Year Franchised | 1964 | 1926 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taco Bell | Maid-Rite | |
| 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 | Maid-Rite | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taco Bell | Maid-Rite | |
| 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) | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
||
| Taco Bell | Maid-Rite | |
| 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 | |
| Taco Bell | |
| Maid-Rite | |
| Franchise Fee | |
| Taco Bell | |
| Maid-Rite | |
| Royalty Fee | |
| Taco Bell | 5.50% |
| Maid-Rite | 6% |
| Advertising Fee | |
| Taco Bell | 4.25% |
| Maid-Rite | 2% |
| Year Founded | |
| Taco Bell | 1962 |
| Maid-Rite | 1926 |
| Year Franchised | |
| Taco Bell | 1964 |
| Maid-Rite | 1926 |
| Term Of Agreement | |
| Taco Bell | 20 years |
| Maid-Rite | |
| Renewal Fee | |
| Taco Bell | |
| Maid-Rite | |
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 |
| Maid-Rite | |
Financing Options |
|
| Franchise Fees | |
| Taco Bell | No |
| Maid-Rite | No |
| Start-up Costs | |
| Taco Bell | |
| Maid-Rite | |
| Equipment | |
| Taco Bell} | |
| Maid-Rite | |
| Inventory | |
| Taco Bell | |
| Maid-Rite | |
| Receivables | |
| Taco Bell | |
| Maid-Rite | |
| Payroll | |
| Taco Bell | |
| Maid-Rite | |
Training & Support |
|
| Training | |
| Taco Bell | Available at headquarters, Additional training available |
| Maid-Rite | |
| Support | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Maid-Rite | |
| Marketing | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Maid-Rite | |
| 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) |
| Maid-Rite | 12% of all franchisees own more than one unit Number of employees needed to run franchised unit: 8 - 14 Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Taco Bell | |
| Maid-Rite | 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 | |
| Taco Bell | |
| Maid-Rite | |
| International Expansion | |
| Taco Bell | |
| Maid-Rite | |