Del Taco Continues its Southeast Surge, With Record-Breaking First-Week Sales for New Market Openings
Del Taco, the second-largest Mexican quick-service restaurant chain in the US, has announced record-breaking first-week sales for new market openings in Port Orange, FL, Tallahassee, FL, and Chesapeake, VA. The company is expanding its presence in the Southeast, with a new multi-unit commitment for 7 restaurants in North Carolina and South Carolina.
Impeccable Development has partnered with Del Taco to develop these new locations in the Wilmington, NC and Myrtle Beach, SC markets. This follows earlier development agreements in Greensboro, NC and Raleigh-Durham. Del Taco plans to open its first units in Raleigh-Durham and Greensboro in 2025.
The brand's success is attributed to its commitment to using high-quality, fresh ingredients and preparing food fresh in each restaurant's kitchen. Del Taco currently operates nearly 600 restaurants across 17 states and is seeking franchise opportunities throughout the Southeast and other markets across the country.
Del Taco, la seconda catena di ristoranti messicani fast food più grande negli Stati Uniti, ha annunciato vendite record nella prima settimana per le nuove aperture nei mercati di Port Orange, FL, Tallahassee, FL e Chesapeake, VA. L'azienda sta espandendo la propria presenza nel sud-est, con un nuovo impegno multi-unitario per 7 ristoranti in North Carolina e South Carolina.
Impeccable Development ha collaborato con Del Taco per sviluppare queste nuove sedi nei mercati di Wilmington, NC e Myrtle Beach, SC. Questo segue accordi di sviluppo precedenti a Greensboro, NC e Raleigh-Durham. Del Taco prevede di aprire le sue prime unità a Raleigh-Durham e Greensboro nel 2025.
Il successo del marchio è attribuito al suo impegno nell'utilizzare ingredienti freschi e di alta qualità e nella preparazione dei cibi freschi in cucina in ciascun ristorante. Del Taco attualmente gestisce quasi 600 ristoranti in 17 stati e sta cercando opportunità di franchising in tutto il sud-est e in altri mercati del paese.
Del Taco, la segunda cadena de restaurantes mexicanos de servicio rápido más grande de los EE.UU., ha anunciado ventas récord en la primera semana para las nuevas aperturas de mercado en Port Orange, FL, Tallahassee, FL y Chesapeake, VA. La empresa está expandiendo su presencia en el sureste, con un nuevo compromiso de múltiples unidades para 7 restaurantes en Carolina del Norte y Carolina del Sur.
Impeccable Development se ha asociado con Del Taco para desarrollar estas nuevas ubicaciones en los mercados de Wilmington, NC y Myrtle Beach, SC. Esto sigue a acuerdos de desarrollo anteriores en Greensboro, NC y Raleigh-Durham. Del Taco planea abrir sus primeras unidades en Raleigh-Durham y Greensboro en 2025.
El éxito de la marca se atribuye a su compromiso de utilizar ingredientes frescos y de alta calidad y preparar la comida fresca en la cocina de cada restaurante. Del Taco opera actualmente casi 600 restaurantes en 17 estados y busca oportunidades de franquicia en todo el sureste y en otros mercados del país.
Del Taco는 미국에서 두 번째로 큰 멕시코 패스트푸드 체인으로, 새로운 시장 개장 첫 주에 기록적인 매출을 발표했습니다. 이번 시장 개장은 포트 오렌지, FL, 탈라하시, FL 및 체서피크, VA에서 이루어졌습니다. 이 회사는 남동부에 노스 캐롤라이나와 사우스 캐롤라이나에 7개 레스토랑을 위한 다중 단위 약속을 통해 존재감을 확장하고 있습니다.
Impeccable Development는 Wilmington, NC와 Myrtle Beach, SC 시장에 대해 Del Taco와 파트너십을 맺고 이러한 새로운 위치를 개발하고 있습니다. 이는 Greensboro, NC 및 Raleigh-Durham에서의 이전 개발 계약에 이어 이루어진 것입니다. Del Taco는 2025년에 Raleigh-Durham과 Greensboro에 첫 번째 매장을 열 계획입니다.
이 브랜드의 성공은 고품질의 신선한 재료를 사용하는 것과 각 레스토랑 주방에서 신선한 음식을 준비하는 것에 대한 헌신 덕분입니다. Del Taco는 현재 17개 주에서 거의 600개 레스토랑을 운영하고 있으며, 남동부와 다른 시장에서 프랜차이즈 기회를 찾고 있습니다.
Del Taco, la deuxième plus grande chaîne de restaurants mexicains à service rapide aux États-Unis, a annoncé des ventes record lors de sa première semaine pour les nouvelles ouvertures de marché à Port Orange, FL, Tallahassee, FL et Chesapeake, VA. L'entreprise étend sa présence dans le Sud-Est, avec un nouveau engagement multi-unité pour 7 restaurants en Caroline du Nord et en Caroline du Sud.
Impeccable Development s'est associé à Del Taco pour développer ces nouveaux emplacements sur les marchés de Wilmington, NC et Myrtle Beach, SC. Cela fait suite à des accords de développement précédents à Greensboro, NC et Raleigh-Durham. Del Taco prévoit d'ouvrir ses premières unités à Raleigh-Durham et Greensboro en 2025.
Le succès de la marque est attribué à son engagement à utiliser des ingrédients frais et de haute qualité et à préparer des aliments frais dans la cuisine de chaque restaurant. Del Taco exploite actuellement près de 600 restaurants dans 17 États et recherche des opportunités de franchise dans tout le Sud-Est et d'autres marchés à travers le pays.
Del Taco, die zweitgrößte mexikanische Schnellrestaurantkette in den USA, hat rekordverdächtige Verkaufszahlen in der ersten Woche für neue Markteröffnungen in Port Orange, FL, Tallahassee, FL und Chesapeake, VA angekündigt. Das Unternehmen erweitert seine Präsenz im Südosten mit einem neuen Multi-Unit-Engagement für 7 Restaurants in North Carolina und South Carolina.
Impeccable Development hat sich mit Del Taco zusammengeschlossen, um diese neuen Standorte in den Märkten Wilmington, NC und Myrtle Beach, SC zu entwickeln. Dies folgt auf frühere Entwicklungsvereinbarungen in Greensboro, NC und Raleigh-Durham. Del Taco plant, 2025 seine ersten Einheiten in Raleigh-Durham und Greensboro zu eröffnen.
Der Erfolg der Marke wird auf das Engagement zurückgeführt, hochwertige, frische Zutaten zu verwenden und die Speisen frisch in der Küche jedes Restaurants zuzubereiten. Del Taco betreibt derzeit fast 600 Restaurants in 17 Bundesstaaten und sucht nach Franchise-Möglichkeiten im gesamten Südosten und in anderen Märkten des Landes.
- Record-breaking first-week sales for new store openings in Florida and Virginia
- New multi-unit commitment for 7 restaurants in North Carolina and South Carolina
- Expansion into new markets: Wilmington, NC and Myrtle Beach, SC
- Plans to open first units in Raleigh-Durham and Greensboro markets in 2025
- Nearly 600 restaurants across 17 states, indicating strong market presence
- None.
Insights
Del Taco's recent expansion into new markets in the Southeast is a significant development for the company's growth strategy. The record-breaking first-week sales in Port Orange, FL, Tallahassee, FL and Chesapeake, VA indicate strong consumer demand and successful market penetration. This performance is particularly noteworthy given the challenges often associated with entering new markets.
The additional commitment for 7 new restaurants in North Carolina and South Carolina further solidifies Del Taco's expansion plans in the region. This multi-unit agreement, coupled with previously announced developments in Greensboro, NC and Raleigh-Durham, suggests a comprehensive and strategic approach to establishing a strong presence in the Southeast.
From a market perspective, Del Taco's focus on the Southeast is shrewd. The region has been experiencing population growth and economic development, which can translate into increased consumer spending on dining out. The company's emphasis on fresh ingredients and made-to-order meals aligns well with current consumer trends favoring healthier and higher-quality fast food options.
However, it's important to note that the quick-service restaurant (QSR) sector is highly competitive, with established players like Taco Bell dominating the Mexican-inspired fast food segment. Del Taco's success will depend on its ability to differentiate itself and maintain consistent quality across new locations. The partnership with experienced multi-unit operators like Impeccable Development could be important in ensuring operational excellence and local market knowledge.
Overall, this expansion strategy appears promising, but investors should monitor key performance indicators such as same-store sales growth and profitability metrics in these new markets to gauge long-term success.
While specific financial figures are not provided in the news release, the record-breaking first-week sales in three consecutive new store openings are a positive indicator for Del Taco's revenue growth potential. This performance suggests strong initial consumer acceptance and could translate into robust same-store sales growth if sustained.
The expansion strategy, particularly the multi-unit commitments, is likely to drive top-line growth in the medium term. However, investors should be mindful of the capital expenditures and potential impact on short-term profitability associated with rapid expansion. It's important to assess whether the company has the financial resources to support this growth without overextending itself.
Del Taco's franchise-focused approach for this expansion is noteworthy. This model typically allows for faster growth with lower capital requirements for the parent company. It can lead to a more stable revenue stream through franchise fees and royalties, potentially improving profit margins over time.
The company's position as the second-largest Mexican QSR chain by unit count provides scale advantages, but it's important to consider how this expansion might affect operational efficiency and supply chain management. Investors should look for updates on restaurant-level economics, including average unit volumes and profit margins, as these new locations mature.
While the news is generally positive, prudent investors will want to see how these initial sales translate into sustained performance and profitability. Keep an eye on upcoming quarterly reports for more detailed financial impacts of this expansion strategy.
New markets include
“We are incredibly proud of the success of our recent store openings, each shattering previous sales benchmarks,” said Tom Rose, Del Taco Brand President. “This is a testament to the dedication of our team and the undeniable appeal of Del Taco to passionate customers in new markets – especially along the East Coast. We are pleased to partner with Impeccable Development. As multi-unit operators, they bring both development and operational experience to the table.”
The brand continues its momentum in the Carolinas with seven new restaurant commitments announced for the
“Impeccable Development is excited to continue the brand’s growth in the Southeast and develop Del Taco in the
Del Taco has franchise opportunities available throughout the Southeast 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
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 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.
Founded in 1964, today Del Taco 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, visit deltacofranchise.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240725850540/en/
Dustin Thompson
Director of Franchise Development
franchising@deltaco.com
Source: Del Taco
FAQ
What recent sales records has Del Taco achieved in its new market openings?
How many new Del Taco restaurants are planned for North Carolina and South Carolina?
When does Del Taco plan to open its first units in Raleigh-Durham and Greensboro?
How many states does Del Taco currently operate in?
