November 11, 2016
Del Taco Restaurants saw a 6.7 percebt system-wide store sales increase in a time when some concepts are just trying to get by. Building on this success, Del Taco announced its future growth plans in a press release.
"With Del Taco's ongoing success and exciting plans in the pipeline. There has never been a better time to invest with the brand," Laura Tanaka, director of franchise development for Del Taco, said in the release. "Proven by 12 consecutive quarters of system-wide same store sales increases, the recent enhancements we've been making are strongly resonating with guests and franchisees alike. As demand for the QSR+ experience continues to grow, Del Taco is in a unique position to fulfill guests' elevated expectations."
The concept inked a deal with CAI investments to open 10 new locations in the Phoenix area in 2018, according to the release.
"We've been watching the market closely and are extremely impressed with the evolution of Del Taco," said Chris Beavor, managing partner for CAI Investments. "There are no other concepts offering the same quality of food at such an incredible price, and we're confident that this is only the beginning of a long and rewarding partnership."
Del Taco also extended Brent Veach's longtime franchise contract to open another four units in Phoenix beginning in 2018.
"Not only have we experienced consistent ROI for our existing locations, but the company's refreshed brand image and new menu additions, like The Del Taco, are driving sales for the entire company," Veach said. "Results like that, coupled with the positive feedback we've been hearing from our guests, made the choice to continue to grow with Del Taco an easy one."