LAKE FOREST, Calif. – Del Taco Restaurants announced on Nov. 10 that it signed two multi-unit franchise development agreements that will expand into Phoenix area with the addition of 14 new locations. With 25 restaurants currently operating in Phoenix and surrounding cities, the expansion effort will help meet increased demand in the region for Del Taco's freshly made Mexican and American favorites.
The first deal was signed with franchise group, CAI Investments, to build 10 Del Taco locations in the Phoenix-Scottsdale area in 2018.
"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 signed an agreement extending longtime franchise partner, Brent Veach, by four locations, slated to begin opening in southeastern Phoenix in 2018. Veach currently operates 40 Del Taco locations throughout Arizona and Colorado, the largest number of units owned by a single franchisee in the Del Taco system.
"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."
