28 Aug, 2017

Taco Bell Franchise

Taco Bell is a Mexican style restaurant that was established in 1962. It has since grown and now has locations all over the world. More than 80% of its outlets are franchisees. The statistics in the restaurant market points to the success of Taco Bell restaurants. The sales figures that have been reported run into billions of shillings annually. With a good location you too can be able to take advantage of these huge sales volumes. For you to be a Taco Bell franchise owner you need to have a passionate about excellence. You should also commit yourself to work hard to be able to open three restaurants in a 3 year period. If you meet these qualities then you are the kind of person to get a Taco Bell franchise. The cost of a single unit of the restaurant is in the range of $1.2m to $1.7m excluding the cost of site acquisition. Land costs will depend on the real estate costs in your area of choice.

Taco Bell is part of the Yum brands that offers training for new franchise owners. The training caters for brand training as well as courses in leadership. All these are offered at Yum University for you and your team of employees. There is 5 day training on performance enhancement at the corporate training center. Though a restaurant is a hands-on experience you may be able to run the business through a manager if you have the funds to hire one. A Taco Bell ranks you at the top with the world’s best.

Though the franchise may be appealing you need to look at what you will require to give up so as owning one. The investment is quite high and unless you are very rich it may be out of the reach of many. There is no financing available and you will have to agree to a 20 year commitment that is not renewable. Beside the initial investment running into millions your overheads may also be a burden to you. With a minimum initial work force of 25 employees you will surely have a mountain of overheads to climb even before bringing the other running costs into the picture.

The investment that is required for this kind of business is not small by any means. Therefore you should evaluate your financial capacity and commitment to the agreement so that your investment will not be a waste. Where you will hire a manager to run the business on your behalf be sure to hire someone who is duly qualified and who will help put in place systems around which to run the business.

Share on