Start-Up Costs and Fees |
||
| Mega Wraps | Taco Bell | |
| Investment | 189000 - 189000 | 152250 - 3049100 |
| Franchise Fee | 0 | |
| Royalty Fee | 6% | 5.50% |
| Advertising Fee | 2% | 4.25% |
| Year Founded | 1998 | 1962 |
| Year Franchised | 1999 | 1964 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Mega Wraps | 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 |
||
| Mega Wraps | Taco Bell | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Mega Wraps | Taco Bell | |
| Training | 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 | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged | 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 |
||
| Mega Wraps | 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 | 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 | |
| Mega Wraps | |
| Taco Bell | |
| Franchise Fee | |
| Mega Wraps | |
| Taco Bell | |
| Royalty Fee | |
| Mega Wraps | 6% |
| Taco Bell | 5.50% |
| Advertising Fee | |
| Mega Wraps | 2% |
| Taco Bell | 4.25% |
| Year Founded | |
| Mega Wraps | 1998 |
| Taco Bell | 1962 |
| Year Franchised | |
| Mega Wraps | 1999 |
| Taco Bell | 1964 |
| Term Of Agreement | |
| Mega Wraps | 5 Years +5 |
| Taco Bell | 20 years |
| Renewal Fee | |
| Mega Wraps | |
| Taco Bell | |
Business Experience Requirements |
|
| Experience | |
| Mega Wraps | |
| 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 | |
| Mega Wraps | |
| Taco Bell | |
| Start-up Costs | |
| Mega Wraps | |
| Taco Bell | |
| Equipment | |
| Mega Wraps} | |
| Taco Bell | |
| Inventory | |
| Mega Wraps | |
| Taco Bell | |
| Receivables | |
| Mega Wraps | |
| Taco Bell | |
| Payroll | |
| Mega Wraps | |
| Taco Bell | |
Training & Support |
|
| Training | |
| Mega Wraps | |
| Taco Bell | Available at headquarters, Additional training available |
| Support | |
| Mega Wraps | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Mega Wraps | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Operations | |
| Mega Wraps | Average Number of Employees: 2 Full-time, 4 Part-time Passive Ownership: Allowed, But Discouraged |
| 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 | |
| Mega Wraps | 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 | |
| Mega Wraps | 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 | |
| Mega Wraps | |
| Taco Bell | |