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Below is an in-depth analysis and side-by-side comparison of Taco Bell vs TacoTime including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $152,250 - $3,049,100 | $331,150 - $636,800 |
Franchise Fee | $25,000 - $45,000 | $30,000 |
Royalty Fee | 5.5% | 6% |
Advertising Fee | 4.25% | - |
Year Founded | 1962 | 1959 |
Year Franchised | 1964 | 1961 |
Term Of Agreement | 20 years | 15 years |
Term Of Agreement | 20 years | 15 years |
Renewal Fee | - | - |
Business Experience Requirements |
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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 |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | No/No |
Start-up Costs | No/No | No/No |
Equipment | No/No | No/Yes |
Inventory | No/No | No/No |
Receivables | No/No | No/No |
Payroll | No/No | No/No |
Training & Support |
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Training | Available at headquarters, Additional training available | K-Tec is a 5-day training all Kahala franchisees receive and is the companion to brand specific in-store training. It introduces participants to the Kahala culture, level of support provided, and the roles and responsibilities for supporting franchisee and franchisor success. It provides exposure to basic business concepts such as customer service, profitability, quality assurance, inventory, purchasing and distribution, and more. |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, National media, Regional advertising | 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) |
Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
After leaving the Marine Corps at 23, Glen Bell came home to San
Bernardino, California and opened a hot dog stand. But his real interest
was in alternative menu items, so he began selling tacos for 19 cents
from a side window of the hot dog stand. When the tacos proved as
popular as he had hoped, he started opening Taco Tia stands where tacos
were the stars of the menu. In 1962, Bell sold the Taco Tia brand to his
partners and opened the first Taco Bell in Downey, California.
Franchising began two years later. Taco Bell is the country's driving Mexican-propelled snappy administration eatery (QSR) mark. We serve made-to-request and adaptable tacos and burritos, among other craveable decisions, and are the primary QSR eatery to offer American Vegetarian Association (AVA)- confirmed menu items. Taco Bell and our more than 350 establishment associations work over 6,500 eateries throughout the United States that gladly serve around 40 million clients consistently.
Outside of our eateries, individuals can simply get to the Taco Bell mark through our Mobile Ordering and Payment App. In 2014, Taco Bell turned into the main QSR to dispatch a versatile application at eateries across the nation for both drive-through and feasting orders. Notwithstanding the portable application, individuals can arrange their most loved menu things by means of desktop on Ta.co or for conveyance through our association with DoorDash.
Subsequent to moving on from the University of Oregon, Taco Time organizer Ron Fraedrick went gaga for the Mexican cooking he examined as he went all through Southern California. Choosing to convey back his freshly discovered taste to the place where he grew up of Eugene, Oregon, Fraedrick opened up the principal Taco Time eatery in 1959. Utilizing flavors Fraedrick made himself, the eatery sold more than 3,500 tacos in its opening end of the week. The organization opened its first establishment in 1961 and now has establishments in both unattached and express locales all through the United States and Canada and in addition in Japan and Kuwait. In 2000, the organization presented Brand Renaissance, which incorporates an office stylistic layout bundle and upgraded nourishment blend and bundling, as a restoration of the brand.
TacoTime is claimed by Kahala, franchisor of Blimpie, Cereality, Cold Stone Creamery, Frullati Café and Bakery, Great Steak and Potato, Johnnie's, Nrgize, Ranch 1, Rollerz, Samurai Sam's and Surf City Squeeze.
For over 50 years, TacoTime has offered our loyal customers a tasty variety of freshly prepared, home-style Mexican fare. Our ingredients and the care we take in making our food fresh makes us truly a one-of-a-kind taste experience and sets us apart from our competitors.
The TacoTime brand and menu offerings continue to evolve as the industry changes. From decor enhancements to additional menu items, we are constantly moving forward with new ways to grow your business. As a proven brand with solid brand awareness, we are committed to meeting the ever changing demands of your customers.
Kahala, the franchisor of TacoTime, is proud of the extensive support we provide our franchisees. From site selection to grand opening assistance, our dedicated support team will assist you throughout your journey to your store opening. Our tested operating system and industry experience enable us to keep the cost of entry and operating costs as low as possible. We understand that opening a restaurant isn’t like flipping a switch, so we've developed a unique support structure that gives you the best opportunity to hit the ground running.