Taco Bell vs Petro's Chili & Chips Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Taco Bell vs Petro's Chili & Chips including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Taco Bell Franchise
Petro's Chili & Chips Franchise
Investment $152,250 - $3,049,100$75,000 - $324,950
Franchise Fee $25,000 - $45,000$15,000
Royalty Fee 5.5%5%
Advertising Fee 4.25%4% local+1% Nat'l
Year Founded 1962-
Year Franchised 1964-
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Taco Bell Franchise
Petro's Chili & Chips Franchise
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

While it does help to have prior food or restaurant experience, Petros does not require it. We have franchisees from all walks of life. What is most important to us is that we have franchisees with a willingness to work hard and a passion for their business.

Financing Options
 
Taco Bell Franchise
Petro's Chili & Chips Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Taco Bell Franchise
Petro's Chili & Chips Franchise
Training Available at headquarters, Additional training availablePrior to your restaurant opening, we will furnish initial training on the operation of a Petros Chili & Chips � restaurant. The training lasts three weeks: consisting both of classroom content and in-restaurant developmental activities. We require that two people attend training prior to the store opening.
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)

-

Expansion Plans
 
Taco Bell Franchise
Petro's Chili & Chips Franchise
US Expansion --
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Taco Bell

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.

While Taco Bell is fundamentally a U.S. mark, Yum! Brands managed to make it the Company's third worldwide brand. Outside the U.S., we have over 300 Taco Bell units in 24 nations, barring the Yum! China Division.

The initial investment necessary to begin operation of a Taco Bell Express Unit ranges from $252,550 to $580,100 for a Custom Façade Unit, including $22,500 that must be paid to the licensor and $2,000 to $5,000 that must be paid to its affiliate for the first unit only.
For a Power-Pumper or In-Line Unit, the total investment ranges from $345,950 to $701,100, including $22,500 that must be paid to the licensor and $3,500 to $5,000 that must be paid to its affiliate for the first unit only.
The total investment necessary to begin operation of an existing restaurant ranges from $152,250 to $1,766,250 or more, excluding real property, all of which must be paid to licensor or an affiliate.

"Top    ""   "Entrepreneur

#52 in Canada's Top franchises.

"franchiserankingscom"
#99 on Franchise Rankings.com
#2 in Franchise 500 for 2020
#1 in Franchise 500 for 2021









About Petro's Chili & Chips

Since 1992 Petro's Chili & Chips has been operating company stores and franchising in both traditional and non-traditional venues: free standing drive thru units, strip centers, malls, theme parks, airports, sports venues and the newest addition: Petro's food trucks. Petro's Chili & Chips continues to be everyone's favorite QSR.
Petro's Chili & Chips chooses only the best people to be franchisees. Our franchise partners are dedicated to setting the top standard of guest experience. From the taste of the food, to the speed and accuracy of the order, the power of our people to make decisions, the friendly face at the counter and the cleanliness of the restaurant, our Petro's Chili & Chips franchise partners proudly strive to deliver a great guest experience every time. Now is your chance to join the successful team of Petro's Chili & Chip's franchisees and become your own boss!