Start-Up Costs and Fees |
||
| Taco Bell | UFood | |
| Investment | 152250 - 3049100 | 415500 - 598500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 5% |
| Advertising Fee | 4.25% | 2% |
| Year Founded | 1962 | 0 |
| Year Franchised | 1964 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Taco Bell | UFood | |
| 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 | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
Financing Options |
||
| Taco Bell | UFood | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Taco Bell | UFood | |
| Training | Available at headquarters, Additional training available | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | Ongoing support |
| Marketing | Co-op advertising, National media, Regional advertising | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
| 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 | UFood | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Taco Bell | |
| UFood | |
| Franchise Fee | |
| Taco Bell | |
| UFood | |
| Royalty Fee | |
| Taco Bell | 5.50% |
| UFood | 5% |
| Advertising Fee | |
| Taco Bell | 4.25% |
| UFood | 2% |
| Year Founded | |
| Taco Bell | 1962 |
| UFood | 0 |
| Year Franchised | |
| Taco Bell | 1964 |
| UFood | 2014 |
| Term Of Agreement | |
| Taco Bell | 20 years |
| UFood | |
| Renewal Fee | |
| Taco Bell | |
| UFood | |
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 |
| UFood | · Minimum liquid assets: $200,000 · Minimum net worth: $350,000 |
Financing Options |
|
| Franchise Fees | |
| Taco Bell | No |
| UFood | No |
| Start-up Costs | |
| Taco Bell | |
| UFood | |
| Equipment | |
| Taco Bell} | |
| UFood | |
| Inventory | |
| Taco Bell | |
| UFood | |
| Receivables | |
| Taco Bell | |
| UFood | |
| Payroll | |
| Taco Bell | |
| UFood | |
Training & Support |
|
| Training | |
| Taco Bell | Available at headquarters, Additional training available |
| UFood | UFood Grill offers all of our franchisees a comprehensive 5-week training program at the UFood Grill University. This program includes a mix of classroom, test kitchen, and live, hands-on store training for 3 people in your organization, one of whom must be your store manager. Our field training team will assist in the opening of each store. |
| Support | |
| Taco Bell | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| UFood | Ongoing support |
| Marketing | |
| Taco Bell | Co-op advertising, National media, Regional advertising |
| UFood | UFood Grill offers its franchisees a number of turnkey opening and ongoing marketing programs that will bring customers in the door. In addition, UFood Grill provides materials and promotions that are available through our graphics standards manual and marketing promotions manual available online as well as in hard copy. UFood Grill also has a state-of-the-art loyalty program for franchisees to understand customer behavior and create tailored marketing programs. UFood Grill will also help franchisees track purchasing and analyze customer shopping data. |
| 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) |
| UFood | |
Expansion Plans |
|
| US Expansion | |
| Taco Bell | |
| UFood | |
| Canada Expansion | |
| Taco Bell | |
| UFood | |
| International Expansion | |
| Taco Bell | |
| UFood | |