Company type | Subsidiary |
---|---|
Industry | Restaurants |
Genre | Fast-food restaurant |
Founded | March 21, 1962 Downey, California |
Founder | Glen Bell |
Headquarters | 1 Glen Bell Way, Irvine, California, U.S. (2009–present) |
Number of locations | 8,218 (2022)[1] |
Key people |
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Products | |
Revenue | $1.988 billion (2015)[4] |
Parent |
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Website | tacobell |
Taco Bell Corp.[5] is an American multinational chain of fast food restaurants founded in 1962 by Glen Bell (1923–2010) in Downey, California.[6] Taco Bell is a subsidiary of Yum! Brands, Inc. The restaurants serve a variety of Mexican-inspired foods, including tacos, burritos, quesadillas, nachos, novelty, and speciality items, and a variety of "value menu" items. As of 2023[update], Taco Bell serves over two billion customers each year, at 8,212 restaurants, more than 94 percent of which are owned and operated by independent franchisees and licensees.[7][8]
PepsiCo purchased Taco Bell in 1978,[9] and later spun off its restaurants division as Tricon Global Restaurants, which later changed its name to Yum! Brands.