Size: 2,500 square feet
Deal Structure: Purchase, Ground Lease
Region: Connecticut and Westchester County, NY
Taco Bell is an American fast-food chain focused on serving a variety of Tex-Mex foods to over 2 billion guests per year through its approximately 7,000 locations worldwide. They are especially popular for such items as The Crunchwrap Supreme, Cheesy Gordita Crunch, and Doritos Cheesy Gordita Crunch in partnership with Frito-Lay. Most recently, Taco Bell entered the breakfast segment, offering a menu full of unique dishes and coffee, including The Grande Scrambler, Breakfast Burritos, Breakfast Crunchwrap California, Mini Skillet Bowls, Hash Browns and Cinnabon Delights. Taco Bell is a wholly owned subsidiary of YUM Brands, a publically traded restaurant company on the NYSE under ticker symbol YUM, operating such brands as Taco Bell, KFC, Pizza Hut and Wingstreet, they have an S&P credit rating of BB, and a Moody’s credit rating of Ba3. Over 80% of Taco Bell locations are owned and operated by independent franchisees. Taco Bell will either purchase their own land for development, or will ground lease well located real estate on approximately .75-1 acre. They will also lease street retail in urban locations. SullivanHayes represents Taco Bell throughout Connecticut, Massachusetts, and New Hampshire.