#4 on the Franchise 500: Why Taco Bell Has Its Sights Set On Your CityThe #4 company on our Franchise 500 list knows that to grow its customer base, it must go where customers are: metropolitan communities.

ByMatthew McCreary

This story appears in theJanuary 2019issue of狗万官方.Subscribe »

Courtesy of Taco Bell

Started franchising: 1964
Total units:6,999
Cost to open:$525.1K to $2.6M

There's plenty of reason to toastTaco Bell-- and not just because the company's Cantina locations now serve boozy beverages. Taco Bell, which has moved up from #8 on our list last year, is freshly focused on better serving urban markets, planning to open 1,000 new franchise locations across the U.S. by 2022. Some of those units will be its upmarket Cantina concept, while others will be walk-in shops with nodrive-throughoption.

"In a traditional Taco Bell restaurant, the drive-through accounts for about 70 percent of sales," says Mike Grams, global chief operating officer. "In a city where a majority of customers walk and take public transportation, we had to create a concept that would allow us to belocallyrelevant."

Related:20 Facts You Probably Didn't Know About Taco Bell

The focus on urban markets has hardly distracted from growth elsewhere: Taco Bell added more than 130 U.S. restaurants in 2018, and in November it opened its first London location. International exploration will continue this year with new outposts in Thailand, New Zealand, and Australia.

但更好的服务于客户意味着更多than simply opening new locations. A newly launched Cravings Value Menu features Taco Bell's greatest hits at $1 and $5 price points, and a Make It Meatless feature on the website and app allows vegetarian customers to easily replace meat with beans in any item. "In order to reach our growth goals, it's key that we increase access through our mobile app, kiosks, and delivery; use flexible restaurant formats; and cultivate the Taco Bell culture that consumers want to be part of," Grams says.

Related:5 Steps You Need to Take Before You Buy a Franchise

To see our complete Franchisee 500 rankings, please clickmanbetx2.0客户端下载 , or view more storieshere.

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Matthew McCreary

Entrepreneur Staff

Associate Editor, Contributed Content

Matthew McCreary is the associate editor for contributed content at Entrepreneur.com.

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