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Taco Bell IP Holder, LLC. Each year at Franchise Update we survey franchisees across the U.S., toting up their brands, units, and locations, and ranking them by size for our annual . The program was cancelled after much negative feedback from drivers. If youre driven to succeed, passionate about owning your results, and committed to striving for excellence, you are our ideal candidate. Together, they purchased ten Taco Bell restaurants in the greater Columbus area in 2012. Then, in 2014, the Kentris Taco Bell . Why staying on the cutting edge of tech is so important in the franchise industry. 1978 Glen sold 868 Taco Bell restaurants to PepsiCo Inc., and became a PepsiCo shareholder. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high. Classroom Training: 8 hours Brands announced that it would open additional restaurants in Spain in early 2009 as part of a test trial for the European market. ", "Adios, Taco Bell: Original store moves from Downey to Irvine in late-night run", "Fast-food pioneer Glen Bell's South Bay connections", "Local restaurateur remembered as 'Mayor of Main Street', "Taco Bell Cools on Hot 'n Now Burger Chain: Fast food: Company plans to sell most of its hamburger outlets to franchisees and licensees. $750 for a 3 month extension; $2,250 for a 6 -month extension plus $1,000 for each additional month beyond 6 months. Top editors give you the stories you want delivered right to your inbox each weekday. We provide estimated franchise costs for some countries: With the caveat that ages differ in some states, you can hire employees as young as 16 in most places in the U.S. After hiring some staff, you can begin preparing for your grand opening. [14][7] Original Taco Bells only featured walk-up windows without indoor seating or drive-thru service and former original Taco Bell locations still survive while having been repurposed, frequently as other Mexican restaurants. You should also prepare yourself for an initial investment made up of a franchise fee and other startup costs. [19] The chain has since co-branded with Pizza Hut[20] and Long John Silver's as well. Taco Bell has grown to be one of the largest restaurant chains globally. Finally, we remain entrepreneurial in our quest to smartly acquire additional restaurants. In 2018, activist investor Barington Capital Groupencouraged the company to spin off or sell some of the chains to focus on Outback Steakhouse. Glen Bell sold the company to PepsiCo in 1978. [196] Taco Bell has fourteen stores in Chile, thirteen of which are operated in conjunction (and in the same facilities) with Pizza Hut.