Franchising
Del Taco to add a dozen Florida stores
July 21, 2021
Del Taco Restaurants Inc. has signed a deal with Consolidated Taco Holdings (CTH) to continue the brand's expansion in Florida. The partnership will bring a dozen more stores to the state's Panhandle, a news release said.
"We've been in the burger franchise business for quite some time and are more than excited to partner with Del Taco to add a Mexican restaurant to our portfolio," CTH CEO Ed Stutz, who is also CEO of sister company, Consolidated Burger Holdings (CBH), said in the release. "When choosing new brands to add to our portfolio, we go through a rigorous exercise to ensure we're very aligned with their vision.
"We believe Del Taco checks all the boxes to include a strong leadership team, a compelling brand identity, a highly distinctive value proposition, and strong unit level economics. We are really looking forward to partnering with the Del Taco team on the nationwide expansion by bringing the concept to Panhandle of Florida and beyond."
Stutz, an Army veteran, has been in the restaurant industry since 2002, previously serving as North Division vice president for Arby's Restaurant Group, where he oversaw nearly 800 locations in the U.S. and Canada. CBH is an emerging restaurant conglomerate that has proven its success in owning and operating more than 60 Burger King locations throughout Georgia and Florida.
"This new multi-unit plan to expand throughout Florida propels us forward in realizing our vision for significant brand growth led by franchisees in the Southeast region of the U.S.," Jeff Little, Del Taco senior vice president of Development, said in the release. "Our goal is to continue to partner with successful franchise organizations like CTH who are aligned with Del Taco's commitment to bringing the brand to life by combining great real estate with operational excellence. The CTH team has a phenomenal track record of success in this region and is an ideal partner to continue growing Del Taco's presence and reputation throughout Florida."
Del Taco, based in Lake Forest, California, has approximately 600 restaurants across 16 states.
