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Del Taco Announces New Market Entry with 10-Store Development Agreement for Indianapolis, Bloomington & Surrounding Markets

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Del Taco (NASDAQ: JACK), the second-largest Mexican quick-service restaurant chain in the US, has announced a significant expansion with a 10-unit development agreement in the Indianapolis DMA. The deal marks Del Taco's entry into Indiana, targeting markets including Bloomington, Bedford, Columbus, Greenwood, Plainfield, and Avon.

The new franchise group brings expertise in real estate, finance, insurance, human resources, sales, and marketing. Recently voted Best Fast Food Restaurant in USA Today's 2024 10 Best Reader's Choice Awards, Del Taco operates nearly 600 restaurants across 17 states, serving over three million guests weekly. The chain emphasizes fresh ingredients and scratch-made items, offering both Mexican and American favorites.

Del Taco (NASDAQ: JACK), la seconda catena di ristoranti messicani fast food più grande degli Stati Uniti, ha annunciato una significativa espansione con un accordo di sviluppo di 10 unità nella DMA di Indianapolis. L'accordo segna l'ingresso di Del Taco in Indiana, puntando a mercati come Bloomington, Bedford, Columbus, Greenwood, Plainfield e Avon.

Il nuovo gruppo di franchise porta competenze in immobili, finanza, assicurazioni, risorse umane, vendite e marketing. Recentemente votato come il Miglior Ristorante Fast Food nei Reader's Choice Awards 2024 di USA Today, Del Taco gestisce quasi 600 ristoranti in 17 stati, servendo oltre tre milioni di clienti ogni settimana. La catena enfatizza ingredienti freschi e piatti fatti da zero, offrendo sia specialità messicane che americane.

Del Taco (NASDAQ: JACK), la segunda cadena de restaurantes de comida rápida mexicana más grande de EE. UU., ha anunciado una expansión significativa con un acuerdo de desarrollo de 10 unidades en la DMA de Indianápolis. Este acuerdo marca la entrada de Del Taco en Indiana, apuntando a mercados como Bloomington, Bedford, Columbus, Greenwood, Plainfield y Avon.

El nuevo grupo de franquicias aporta experiencia en bienes raíces, finanzas, seguros, recursos humanos, ventas y marketing. Recientemente votado como el Mejor Restaurante de Comida Rápida en los Reader's Choice Awards 2024 de USA Today, Del Taco opera casi 600 restaurantes en 17 estados, sirviendo a más de tres millones de clientes cada semana. La cadena enfatiza ingredientes frescos y platos hechos desde cero, ofreciendo tanto favoritos mexicanos como estadounidenses.

델 타코 (NASDAQ: JACK), 미국에서 두 번째로 큰 멕시코 패스트푸드 레스토랑 체인, 인디애나폴리스 DMA에서 10개 매장 개발 계약을 통해 크게 확장한다고 발표했습니다. 이 거래는 델 타코의 인디애나 진입을 의미하며, 블룸ингтон, 베드포드, 콜럼버스, 그린우드, 플레이인필드, 아본 등을 포함한 시장을 목표로 하고 있습니다.

새로운 프랜차이즈 그룹은 부동산, 금융, 보험, 인사, 판매 및 마케팅 분야의 전문성을 가지고 있습니다. 최근 USA Today의 2024년 독자 선택 어워드에서 최고의 패스트푸드 레스토랑으로 꼽힌 델 타코는 17개 주에서 거의 600개의 레스토랑을 운영하며, 매주 300만 명 이상의 손님에게 서비스를 제공합니다. 이 체인은 신선한 재료와 수제로 만든 요리를 강조하며, 멕시코와 미국의 인기 메뉴를 제공합니다.

Del Taco (NASDAQ: JACK), la deuxième plus grande chaîne de restaurants mexicains de restauration rapide aux États-Unis, a annoncé une expansion significative avec un accord de développement de 10 unités dans la DMA d'Indianapolis. Cet accord marque l'entrée de Del Taco dans l'Indiana, ciblant des marchés tels que Bloomington, Bedford, Columbus, Greenwood, Plainfield et Avon.

Le nouveau groupe de franchisés apporte une expertise dans l'immobilier, la finance, l'assurance, les ressources humaines, les ventes et le marketing. Récemment élu Meilleur Restaurant de Restauration Rapide dans les Reader's Choice Awards 2024 de USA Today, Del Taco gère près de 600 restaurants dans 17 États, servant plus de trois millions de clients chaque semaine. La chaîne met l'accent sur des ingrédients frais et des plats faits maison, offrant à la fois des spécialités mexicaines et américaines.

Del Taco (NASDAQ: JACK), die zweitgrößte mexikanische Fast-Food-Restaurantkette in den USA, hat eine bedeutende Expansion mit einem 10-Einheiten-Entwicklungsvertrag im Indianapolis DMA angekündigt. Der Deal markiert Del Tacos Eintritt in Indiana und richtet sich an Märkte wie Bloomington, Bedford, Columbus, Greenwood, Plainfield und Avon.

Die neue Franchisegruppe bringt Fachwissen in den Bereichen Immobilien, Finanzen, Versicherungen, Personalwesen, Vertrieb und Marketing mit. Kürzlich bei den Reader's Choice Awards 2024 von USA Today als bestes Fast-Food-Restaurant ausgezeichnet, betreibt Del Taco fast 600 Restaurants in 17 Bundesstaaten und bedient wöchentlich über drei Millionen Gäste. Die Kette legt Wert auf frische Zutaten und handgemachte Produkte und bietet sowohl mexikanische als auch amerikanische Favoriten an.

Positive
  • Secured 10-unit development agreement for expansion into new market (Indiana)
  • Recently won Best Fast Food Restaurant in USA Today's 2024 Reader's Choice Awards
  • Strong current presence with nearly 600 restaurants across 17 states
  • Serves over 3 million guests weekly
Negative
  • None.

Insights

The 10-unit development agreement for Indianapolis represents a significant milestone in Del Taco's asset-light growth strategy under JACK's ownership. This 12th market entry in three years demonstrates an accelerated expansion pace that could generate meaningful franchise revenue streams with minimal capital investment.

The Indianapolis DMA selection is strategically sound for several reasons: 1) The market's demographics align well with Del Taco's value proposition 2) Mexican QSR competition in the region outside of Taco Bell creates opportunity for market share capture 3) The area's strong economic indicators and population growth support multi-unit development.

The franchisee selection reflects careful strategic planning. Their diverse expertise in real estate and business operations addresses key success factors in franchise development:

  • Real estate acquisition and construction oversight capabilities reduce development risks
  • Multi-disciplinary background suggests strong operational management potential
  • Local market knowledge enhances site selection and community integration

However, investors should note that rapid franchise expansion carries execution risks:

  • Quality control challenges across dispersed locations
  • Potential brand dilution if franchisees underperform
  • Extended timeline to reach meaningful revenue contribution

The agreement aligns with JACK's broader strategy to accelerate Del Taco's growth through franchising, which offers higher margins and reduced capital requirements compared to company-operated stores. Success in Indianapolis could validate this approach and potentially accelerate expansion into other Midwest markets.

This is the Brand’s 12th Announced New Market Entry in the Past Three Years

LAKE FOREST, Calif.--(BUSINESS WIRE)-- Del Taco (NASDAQ: JACK), the nation’s second-largest Mexican quick service restaurant*, today announced the signing of a 10-unit development agreement with a new franchise group in the Indianapolis DMA. Target markets include Bloomington, Bedford, Columbus, Greenwood, Plainfield, and Avon. This marks the brand's entry into the Indiana market and further solidifies its rapid expansion across the United States.

The new franchisees bring a diverse skillset to the table, with expertise spanning real estate, finance, insurance, human resources, sales, and marketing. Their collective experience in commercial real estate, including land acquisition, deal negotiation, and construction project oversight, made them ideal candidates for the Del Taco system.

“We are thrilled to welcome this dynamic group of entrepreneurs to the Del Taco family,” said Van Ingram, vice president franchise development. “Their passion for the brand and business acumen are exactly what we look for when bringing on a new franchisee. We are confident that they will be successful in bringing the fresh ingredients and bold flavors of Del Taco to the Indianapolis community.”

“We were drawn to Del Taco due to its strong market position as a top emerging fast-food brand and its flexible location requirements, which make it an ideal fit for the Indiana market,” said Cole Sinclair, new Del Taco franchisee. “Additionally, its proven business model and potential for multi-unit development present a solid opportunity for long-term growth. We believe the brand's strong recognition, compelling differentiation, and loyal customer base will significantly enhance our chances of success. As an iconic fast-food restaurant chain, we are confident that Del Taco will perform exceptionally well in southern and central Indiana.”

Voted Best Fast Food Restaurant in USA Today's 2024 10 Best Reader's Choice Awards, Del Taco offers a unique variety of both Mexican and American favorites such as burritos and fries, prepared fresh in every restaurant's working kitchen with the value and convenience of a drive-thru. Del Taco's menu items taste better because they are made with real, quality ingredients like freshly grilled chicken and carne asada steak, fresh house-made guacamole, fresh house-grated cheddar cheese, slow-cooked beans made from scratch, and signature creamy Queso Blanco.

Del Taco has franchise opportunities available throughout the Midwest as well as markets across the country. If you are interested in learning how you can own your own Del Taco franchise, please visit deltacofranchise.com or email Dustin Thompson at franchising@deltaco.com.

About Del Taco

Founded in 1964, Del Taco now serves more than three million guests each week at its nearly 600 restaurants across 17 states. Del Taco’s commitment to providing guests with real food at a real value for their money originates from cooking, chopping, shredding and grilling menu items from scratch. For more information, including franchising opportunities, visit www.deltacofranchise.com.

*By number of units.

Dustin Thompson

Director of Franchise Development

dustin.thompson@jackinthebox.com

Source: Del Taco

FAQ

How many Del Taco locations are planned for the Indianapolis market expansion?

Del Taco has signed a 10-unit development agreement for the Indianapolis DMA, including locations in Bloomington, Bedford, Columbus, Greenwood, Plainfield, and Avon.

What is Del Taco's current market presence as of 2024?

Del Taco operates nearly 600 restaurants across 17 states, serving more than three million guests weekly.

What recent award did Del Taco (JACK) win in 2024?

Del Taco was voted Best Fast Food Restaurant in USA Today's 2024 10 Best Reader's Choice Awards.

How many new markets has Del Taco entered in the past three years?

The Indianapolis market entry represents Del Taco's 12th new market entry in the past three years.

What cities in Indiana will the new Del Taco expansion cover?

The expansion will cover Bloomington, Bedford, Columbus, Greenwood, Plainfield, and Avon in the Indianapolis DMA.

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