Del Taco Fuels Existing and New Market Growth with Development Incentives
Incentives include discounted initial fees and reduced royalties
Growth is just as important as profitability for a restaurant to survive and remain relevant to investors and analysts as well.
Del Taco Restaurants, the nation’s second leading Mexican quick service restaurant, today announced its franchise growth incentive program for 2018, geared specifically toward multi-unit operators looking to expand their portfolio with a winning player in a thriving restaurant category.
Due to the strong demand to expand with Del Taco beyond current markets, the program applies to new 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, aiding unit-level profitability early on in the initial entrance phase of development in a new market.
“Del Taco has experienced 18 consecutive quarters of system wide same-store sales increases thanks to menu innovation focused on producing fresh food from our working kitchens and a wide range of value, mid-tier and premium products designed to appeal to consumers across multiple dayparts and occasions,” said Laura Tanaka, director of franchise development at Del Taco. “These attributes, along with favorable unit level economics generating category leading flow thru have helped propel our franchise initiatives forward, and we’re thrilled to continue to expand our brand in a disciplined fashion with multi-unit franchise partners across specific regional geographies.”
Del Taco presents enormous growth potential for experienced multi-unit operators looking to diversify their business portfolio. The brand currently has more than 560 locations across 14 states.