TacoTime Canada vs Taco Bell Franchise Comparison

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

Start-Up Costs and Fees

  TacoTime Canada Taco Bell
Investment 207500 - 349400 152250 - 3049100
Franchise Fee 0
Royalty Fee 5.50%
Advertising Fee 4.25%
Year Founded 1978 1962
Year Franchised 1978 1964
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  TacoTime Canada 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

  TacoTime Canada Taco Bell
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  TacoTime Canada Taco Bell
Training Training encompasses two phases. Phase 1 is an on-site, practical program designed to get you comfortable with our menu items and their preparation. Phase 2 addresses management and business issues that will help you control your operation. The franchise owner and/or manager MUST complete and pass this training program prior to opening. 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)

Expansion Plans

  TacoTime Canada Taco Bell
US Expansion
Canada Expansion Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile

Investment
TacoTime Canada
Taco Bell
Franchise Fee
TacoTime Canada
Taco Bell
Royalty Fee
TacoTime Canada
Taco Bell 5.50%
Advertising Fee
TacoTime Canada
Taco Bell 4.25%
Year Founded
TacoTime Canada 1978
Taco Bell 1962
Year Franchised
TacoTime Canada 1978
Taco Bell 1964
Term Of Agreement
TacoTime Canada
Taco Bell 20 years
Renewal Fee
TacoTime Canada
Taco Bell


Business Experience Requirements

Experience
TacoTime Canada
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
TacoTime Canada
Taco Bell
Start-up Costs
TacoTime Canada
Taco Bell
Equipment
TacoTime Canada}
Taco Bell
Inventory
TacoTime Canada
Taco Bell
Receivables
TacoTime Canada
Taco Bell
Payroll
TacoTime Canada
Taco Bell

Training & Support

Training
TacoTime Canada Training encompasses two phases. Phase 1 is an on-site, practical program designed to get you comfortable with our menu items and their preparation. Phase 2 addresses management and business issues that will help you control your operation. The franchise owner and/or manager MUST complete and pass this training program prior to opening.
Taco Bell Available at headquarters, Additional training available
Support
TacoTime Canada
Taco Bell Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing
TacoTime Canada
Taco Bell Co-op advertising, National media, Regional advertising
Operations
TacoTime Canada
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
TacoTime Canada
Taco Bell
Canada Expansion
TacoTime Canada Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Taco Bell
International Expansion
TacoTime Canada
Taco Bell