Start-Up Costs and Fees |
||
| Taco Bell | Nothing But Noodles | |
| Investment | 152250 - 3049100 | 408500 - 555300 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 5.50% | 6% |
| Advertising Fee | 4.25% | |
| Year Founded | 1962 | 2001 |
| Year Franchised | 1964 | 2002 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taco Bell | Nothing But Noodles | |
| 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 | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
||
| Taco Bell | Nothing But Noodles | |
| 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 | Nothing But Noodles | |
| 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 | 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 | Nothing But Noodles | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Taco Bell | |
| Nothing But Noodles | |
| Franchise Fee | |
| Taco Bell | |
| Nothing But Noodles | |
| Royalty Fee | |
| Taco Bell | 5.50% |
| Nothing But Noodles | 6% |
| Advertising Fee | |
| Taco Bell | 4.25% |
| Nothing But Noodles | |
| Year Founded | |
| Taco Bell | 1962 |
| Nothing But Noodles | 2001 |
| Year Franchised | |
| Taco Bell | 1964 |
| Nothing But Noodles | 2002 |
| Term Of Agreement | |
| Taco Bell | 20 years |
| Nothing But Noodles | |
| Renewal Fee | |
| Taco Bell | |
| Nothing But Noodles | |
Business Experience Requirements |
|
| Experience | |
| 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 |
| Nothing But Noodles | The minimum financial requirements are a net worth of $1,000,000 and $350,000 in liquid assets. Nothing but Noodles seeks solid, experienced business individuals or partners who are interested in owning and operating their own restaurant business. Franchise owners are ideally hands-on individuals, experienced in full service or QSR restaurants, who take pride in building their own business and serving a quality product in their respective communities. If you do not have previous restaurant experience, we will require you to join with an operating partner or hire an experienced manager that will own an equity portion of the business entity. Total commitment is critical to achieving and maintaining successful restaurants in our system. |
Financing Options |
|
| Franchise Fees | |
| Taco Bell | No |
| Nothing But Noodles | No |
| Start-up Costs | |
| Taco Bell | |
| Nothing But Noodles | |
| Equipment | |
| Taco Bell} | |
| Nothing But Noodles | |
| Inventory | |
| Taco Bell | |
| Nothing But Noodles | |
| Receivables | |
| Taco Bell | |
| Nothing But Noodles | |
| Payroll | |
| Taco Bell | |
| Nothing But Noodles | |
Training & Support |
|
| Training | |
| Taco Bell | Available at headquarters, Additional training available |
| Nothing But Noodles | |
| Support | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Nothing But Noodles | |
| Marketing | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| Nothing But Noodles | |
| Operations | |
| 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) |
| Nothing But Noodles | |
Expansion Plans |
|
| US Expansion | |
| Taco Bell | |
| Nothing But Noodles | |
| Canada Expansion | |
| Taco Bell | |
| Nothing But Noodles | |
| International Expansion | |
| Taco Bell | |
| Nothing But Noodles | |