El Pollo Loco Signs Experienced Burger King Operator to Expand Brand’s Presence in Northern California and Develop First Oregon Locations
El Pollo Loco (Nasdaq: LOCO) has announced a multi-unit development deal for five new restaurants in Northern California and Southern Oregon, signed with Bunch of Pollo, Inc.. The first location is expected to open in early 2023. This expansion is part of the company's broader goal to add 140 restaurants nationwide through existing and new franchisees. The new outlets will feature a modern design with enhanced digital services to support off-premise dining. El Pollo Loco aims to strengthen its market presence while offering healthier fast-food options.
- Signing of a multi-unit development deal for five new restaurants.
- Expansion aligns with the company's goal to add 140 restaurants nationally.
- Partnership with experienced franchise group Bunch of Pollo, Inc.
- Enhanced restaurant design focused on off-premise dining and digital services.
- None.
Milestone announcement comes as the fire-grilled chicken restaurant chain continues to seek new franchise partners to help expand national footprint
COSTA MESA, Calif., Sept. 22, 2022 (GLOBE NEWSWIRE) -- El Pollo Loco, Inc. (“El Pollo Loco” or “Company”) (Nasdaq: LOCO), the nation’s leading fire-grilled chicken restaurant chain, announced today the signing of a multi-unit development deal for five new restaurants in parts of Northern California and Southern Oregon over the next several years. The deal has been signed with Bunch of Pollo, Inc., an experienced franchise group whose partners already own and operate QSR West, a franchisee of more than 70 Burger King restaurants across the region.
According to Bunch of Pollo, Inc. president Amir Sahebalzamany, leases have yet to be signed, but specific areas being targeted for the new restaurants include the Chico-Redding, California and Medford-Klamath Falls, Oregon market areas. He expects the group’s first El Pollo Loco to open in early 2023.
“El Pollo Loco’s unparalleled support system and outstanding corporate team made it the obvious choice for us when we decided it was time to diversify our portfolio,” said Sahebalzamany. “Much of the brand’s growth over the past few years has been fueled by existing franchisees, which speaks volumes to how the company goes above and beyond to ensure their operators succeed. Both Northern California and Southern Oregon are booming markets with unlimited potential for success, and we look forward to bringing the El Pollo Loco brand to these thriving communities.”
The restaurants will feature a new El Pollo Loco prototype design geared to meet the demands of the company’s off-premise business. Included in the design will be a dining room that potentially opens up to a patio area, as well as a dual drive-thru and designated curbside pick-up parking.
The restaurants will also feature an enhanced digitized experience – including “Pollo To Go” cubbies for mobile to-go and delivery orders, digital menu boards and GPS-enabled curbside pick-up, all integrated with the company’s dynamic and versatile mobile app.
As for the food?
At El Pollo Loco, the chicken is marinated in-house daily with a proprietary recipe of citrus, garlic and spice, fire-grilled over an open flame and hand-cut to order. The freshly grilled chicken serves as the base for an authentic selection of dishes, including individual or family chicken meals, bowls, burritos and salads. The brand is well-known for a range of flavorful menu items that customers feel better about eating because they are healthier than typical fast food and fit into a host of dietary regimes ranging from calorie counting to keto.
“We are in a robust period of growth in terms of franchising, and we are beyond excited to have such an experienced franchise partner like Bunch of Pollo, Inc. on board to grow with us,” said Brian Carmichall, El Pollo Loco’s Chief Development Officer. “We look forward to the positive impact their new locations will have on the communities they’ll serve and can't wait for them to open their doors. The next few years are going to be extremely exciting.”
The expansion announcement comes at a time when El Pollo Loco is aggressively looking to expand its national footprint by 140 restaurants with existing and new franchisees. The company is currently focused on identifying qualified multi-unit franchisees for development opportunities in various parts Colorado, Kansas, New Mexico, Oklahoma and Texas; as well as Portland, Oregon and Seattle, Washington.
About El Pollo Loco
El Pollo Loco (Nasdaq:LOCO) is the nation’s leading fire-grilled chicken restaurant with a mission to bring people together around food, family, and culture in the communities it serves. El Pollo Loco is renowned for its handcrafted L.A. Mex food, an innovative blend of traditional Mexican cuisine and better-for-you eating, that Los Angeles is known for. Since 1980, El Pollo Loco has successfully opened and maintained 485 company-owned and franchised restaurants in Arizona, California, Nevada, Texas, Utah, and Louisiana while remaining true to its Mexican-American heritage. El Pollo Loco continues to grow and evolve, nourishing connections to tradition, culture, and one another through fire-grilled goodness that makes us feel like familia. For more information, visit us at www.elpolloloco.com.
Franchising Media Contact:
Mike Misetic
mmisetic@overtime-pr.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7b1abaf3-af3a-42f4-9d12-01b501fe048b
FAQ
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