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SOLD

Taco Bell Caroapolis, PA

553 Carnot Road
Caroapolis, PA
15108

Taco Bell Corp., a subsidiary of Yum! Brands, Inc., (NYSE: YUM), is the nation’s leading Mexican-style quick service restaurant chain serving tacos, burritos, signature Quesadillas, Border Bowls®, nachos and other specialty items. Taco Bell serves more than 35 million consumers each week in more than 6,500 restaurants in the U.S. In 2003, Taco Bell generated sales of $1.6 billion in company restaurants and $3.8 billion in franchise restaurants. Over 80 percent of the restaurants are owned and operated by independent franchisees. At this time, there are over 280 restaurants operating in Canada, Guam, Aruba, Dominican Republic, Chile, Costa Rica, Guatemala, Puerto Rico, Ecuador, Hawaii, Asia and Europe. HISTORY: Originated by Glen Bell, Taco Bell became a reality on March 21, 1962. The first Taco Bell restaurant was built in Downey, California and the first franchise was sold in 1964. Taco Bell went public in 1969 and was acquired by PepsiCo in 1978. In October of 1997, PepsiCo spun-off KFC, Pizza Hut and Taco Bell thereby forming Tricon Global Restaurants Inc., the World’s largest restaurant company with revenues in excess of $22 billion. In May of 2002, Tricon Global Restaurants Inc. changed its name to YUM! Brands, Inc., after acquiring Long John Silver's and A&W All-American Food Restaurants. When you want to step up to the freshest ideas in fast food, make the bold choice for Taco Bell.

$1,100,000

Building Size

2,100 sf

Deal Type

NNN

Sale Price

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