Taco Bell FDD: What Changed from 2025 to 2026
The 2026 Taco Bell FDD is nearly identical to the 2025 filing on Item 7 — the low end holds at $1,859,750 and the high end edges up $2,000 to $4,312,200 — while the system adds 151 outlets (+1.9%) to 7,998 total units.
Item 7 — Estimated Initial Investment
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Low end of range | $1,859,750 | $1,859,750 | unchanged |
| High end of range | $4,310,200 | $4,312,200 | +$2,000 |
| Full range | $1,859,750–$4,310,200 | $1,859,750–$4,312,200 |
The Item 7 range is essentially unchanged between filings; the ceiling rises by $2,000 while the floor holds constant at $1,859,750.
Item 20 — System Size (Outlet Count)
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Total outlets (Item 20) | 7,847 | 7,998 | +151 (+1.9%) |
Taco Bell reports 7,998 outlets in the 2026 FDD, up 151 from 7,847 in the 2025 filing.
Item 19 — Financial Performance Representations
Taco Bell provided an Item 19 financial performance representation in both the 2025 and 2026 filings.
Item 6 — Ongoing Fees
| 2025 FDD | 2026 FDD | Change | |
|---|---|---|---|
| Royalty rate | 5.5% | 5.5% | unchanged |
The ongoing royalty rate remains 5.5% of Gross Sales between filings.
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