El Pollo Loco announces an agreement with AA Pollo Inc. to develop 20 new units as the first step in a multi-year franchising initiative in the greater Southwest.
August 28, 2014
El Pollo Loco has announced an agreement with AA Pollo Inc. to develop 20 new units as the first step in a multi-year franchising initiative in the greater Southwest.
AA Pollo Inc. will develop 20 new El Pollo Loco restaurants in Houston, a new development market, and San Antonio. The franchisee company has also purchased six El Pollo Loco restaurants in San Antonio. AA Pollo Inc. is owned by Anil Yadav, a multi-unit franchisee who owns and operates more than 260 restaurants with three brands covering multiple states.
"As El Pollo Loco continues to expand in the greater Southwest, there is no better franchisee with which to align than AA Pollo Inc. under the leadership of Anil Yadav," said Kay Bogeajis, chief operating officer for El Pollo Loco, in a company press release. "Anil brings with him a passion for our brand, a proven track record for running great restaurants and a dedicated team ready to grow the brand's presence in Texas. In addition, AA Pollo Inc. will bring existing assets to El Pollo Loco, specifically in the San Antonio market, making our collaboration a tremendous win for both parties."
El Pollo Loco has identified an initial 80 trade areas for potential restaurant development by the company and existing and new franchisees over the next several years. The company currently has more than 20 sites across the Greater Houston area in various stages of negotiation for company operation.
In addition to Texas, El Pollo Loco plans to expand its presence in California, Nevada and key contiguous new markets. The brand is targeting growth of eight to ten percent per year through a combination of company, and existing and new franchisee development.