Start-Up Costs and Fees |
||
| Burger 21 | Taco Bell | |
| Investment | 448247 - 1175164 | 152250 - 3049100 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 5.50% |
| Advertising Fee | 1% -3% | 4.25% |
| Year Founded | 2010 | 1962 |
| Year Franchised | 2011 | 1964 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Burger 21 | Taco Bell | |
| 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 |
||
| Burger 21 | Taco Bell | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Burger 21 | Taco Bell | |
| Training | Available at headquarters, Additional training available | |
| Support | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas | 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 |
||
| Burger 21 | Taco Bell | |
| 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 | |
| Burger 21 | |
| Taco Bell | |
| Franchise Fee | |
| Burger 21 | |
| Taco Bell | |
| Royalty Fee | |
| Burger 21 | 5% |
| Taco Bell | 5.50% |
| Advertising Fee | |
| Burger 21 | 1% -3% |
| Taco Bell | 4.25% |
| Year Founded | |
| Burger 21 | 2010 |
| Taco Bell | 1962 |
| Year Franchised | |
| Burger 21 | 2011 |
| Taco Bell | 1964 |
| Term Of Agreement | |
| Burger 21 | 10 years |
| Taco Bell | 20 years |
| Renewal Fee | |
| Burger 21 | |
| Taco Bell | |
Business Experience Requirements |
|
| Experience | |
| Burger 21 | |
| 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 |
Financing Options |
|
| Franchise Fees | |
| Burger 21 | |
| Taco Bell | |
| Start-up Costs | |
| Burger 21 | |
| Taco Bell | |
| Equipment | |
| Burger 21} | |
| Taco Bell | |
| Inventory | |
| Burger 21 | |
| Taco Bell | |
| Receivables | |
| Burger 21 | |
| Taco Bell | |
| Payroll | |
| Burger 21 | |
| Taco Bell | |
Training & Support |
|
| Training | |
| Burger 21 | |
| Taco Bell | Available at headquarters, Additional training available |
| Support | |
| Burger 21 | *An online asset management tool offered to provide franchisees with access to system-wide marketing materials and the ability to customize these materials *Corporate and onsite training programs that are designed to help implement a standardized operating system *A Franchise Business Consultant (FBC) who is assigned to each franchisee to assist with business start-up and growth *Assistance from the FBC with financial analysis, operations evaluations, strategic planning and brainstorming of new ideas |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Burger 21 | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Operations | |
| Burger 21 | |
| 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) |
Expansion Plans |
|
| US Expansion | |
| Burger 21 | 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 |
| Taco Bell | |
| Canada Expansion | |
| Burger 21 | |
| Taco Bell | |
| International Expansion | |
| Burger 21 | |
| Taco Bell | |