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Del
Taco Elevates Development Incentives
to
Fuel Growth in New Markets
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Lake
Forest, CA – June 2017 / Newsmaker Alert / Del
Taco Restaurants, Inc. (NASDAQ: TACO), the nation’s second leading
Mexican quick service restaurant*
(MQSR), announces its enhanced franchise growth incentive program for 2017,
geared specifically toward multi-unit operators looking to expand their
portfolio with a winning brand.
Due
to the strong demand from new and existing franchisees to expand with Del
Taco beyond current markets, the program applies to eligible franchisees
who commit to opening a minimum of five Del Taco restaurants in a new market
within a specified time frame. Designed to attract franchisees with an
appetite for multi-unit expansion, the incentives include discounted initial
fees and reduced royalties for up to three years, driving unit level profitability
early on in the initial entrance phase of development in a new market.
“The
growth and success that Del Taco has experienced over recent years is a
testament to the strength of our business model,” said Laura Tanaka, director
of franchise development at Del Taco. “Our accomplishments have helped
propel our franchise initiatives forward, and we’re thrilled to continue
to expand our brand in a disciplined and measured fashion with multi-unit
franchise partners across specific regional geographies.”
Demonstrated
by 14 consecutive quarters of system wide same-store sales increases, Del
Taco presents enormous growth potential for experienced multi-unit operators
looking to diversify their business portfolio. This includes opportunities
across the Southeastern U.S., where the company has recently experienced
tremendous activity with several new multi-unit franchise partners, as
well as in growth markets across the Pacific Northwest. The brand currently
has more than 550 locations across 15 states, presenting opportunities
both in existing and new markets. This means eligible franchisees now have
the extra incentive to bring Del Taco’s craveable Mexican favorites and
American classics to raving fans that are vocal about their favorite hometown
brand opening in their city.
Those
interested in taking advantage of the company’s tremendous growth potential
and learning more about its franchising opportunities are encouraged to
register for an informational webinar at www.deltacofranchise.com.
*By
number of units
About
Del Taco Restaurants, Inc.
Del
Taco (NASDAQ: TACO) offers a unique variety of both Mexican and American
favorites such as burritos and fries, prepared fresh in every restaurant’s
working kitchen with the value and convenience of a drive-thru. Del Taco’s
menu items taste better because they are made with quality ingredients
like freshly grated cheddar, hand-chopped pico de gallo, sliced avocado,
slow-cooked beans made from scratch, and fresh-grilled marinated chicken
and carne asada. The brand’s UnFreshing Believable® campaign further
communicates Del Taco’s commitment to provide guests with the best quality
and value for their money. Founded in 1964, today Del Taco serves more
than three million guests each week at its more than 550 restaurants across
15 states. For more information, visit www.deltaco.com.
Media
Contact:
Joshua
Levitt
Canvas
Blue
for
Del Taco
949-981-0757 |