|Legal Name:||Taco Bell|
|Headquarters Regions:||Irvine, California, United States|
|Founded Date:||21 March 1962|
|Number of Employees:||210000+|
|Area served:||United States of America and world|
|Products of Company:||chain of fast food restaurants|
|Net Worth in 2023:||$3 Billion|
A popular chain of restaurants, Taco Bell, has been active since 1962. The American-based company has Mexican-inspired foods and is a subsidiary of Yum! Brands. Some of the popular foods of Taco Bell are nachos, tacos, quesadillas, and burritos. The company was bought by PepsiCo in 1978 and it is popular in many countries across the world.
Well, how well do you know about Taco Bell? If not much, we have compiled all you need to know about Taco Bell’s net worth in 2023, wiki and complete details. Well, if you’re all set, here is what we know about Taco Bell to date.
Glen Bell started a hot dog stand in 1948 in San Bernardino, California. He founded Taco Bell in Downey, California, in 1962. Two years later, the company came up with its first franchise in Torrance, California. It became a massive success, and by 1967, it had opened its 100th restaurant. Taco Bell also started to open restaurants outside California, and it has walk-up windows.
It went on to have 325 restaurants by 1970 across the United States. In the beginning, the original menu item featured a “Chilliburger”. It later became ‘Bell Beefer’. However, the menu was removed in the 1980s. It also had other popular items but discontinued like Chili Cheese Burrito, Beefy Melt Burrito, Taco Grande, Taco Lite, Seafood Salad, and Chicken Fiesta Burrito.
Taco Bell became a huge brand, and in 1978, Glen Bell sold it to PepsiCo. The building of Taco Bell was later renamed as Taco Bell Corporate Headquarters. There were also many other changes. In 1991, it came up with Taco Bell Express in San Francisco, California. This chain is now associated with Pizza Hut along with Long John Silver’s. In 1997, PepsiCo spun out the restaurants to Tricon Global Restaurants, and it was changed to Yum! Brands. The Taco Bell franchise also bought a Taco Bell Arena.
It introduced many different music video styles. It signed a contract for 20 years in 2009 as a fast-food partner of the NBA. In 2011, Taco Bell had a large advertising push. In 2016, it came up with Taco Bell Cantina flagship with many items on the menu. Currently, Taco Bell Cantina has locations in many cities across the United States. However, there were also controversies, which made the company make many changes. As of now, Taco Bell is present in many countries including China, South Korea, Russia, Spain, Australia, and United Kingdom. Julie Felss Masino serves as the brand president of Taco Bell.
Аwаrds & Асhіеvеmеnts
In 2019, Taco Bell won the Best Restaurant ICX at the Elevate Awards. Additionally, Taco Bell has some of the best restaurants across the world. It has come up with many items and is an innovative company. It achieved massive success by having hundreds of restaurants within just a few years of inception.
Net Worth & Earnings of Taco Bell in 2023
For a highly successful brand that established many franchises across the world, Taco Bell is worth $3 billion as of 2023. It has its presence in some of the top countries and continues to expand. The early success of Taco Bell made it bought by PepsiCo. As of 2018, Taco is available in over 7000 locations. In 2015, it made revenue worth $1.98 billion. Today the brand is known as Yum! Brands and is best known for Tacos and Burritos. Taco Bell has also come up with a clothing line with sweatshirts and T-shirts. In 2019, it launched an online store called Taco Bell’s Taco Shop.
It took no time for Taco Bell to reach new heights. Such a brand has also helped thousands across the job with jobs. Taco Bell has many followers as people love to crave Burritos and Tacos. Even though the brand was bought by PepsiCo, it maintained the name by honoring Glen Bell. It specializes in many food items and has a global presence. The global brand each week has approximately 40 million customers.