After four El Tacos, Mr. Bell decided he no longer wanted to answer to any partners. He sold out again. Then, in 1962, with a $4,000 investment, he opened the first Taco Bell, in Downey, Calif. Over the next two years, he started eight more Taco Bells, each with a grand opening featuring live salsa music, searchlights and free sombreros. The first of its franchises opened in Torrance, Calif., in 1965.
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