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Del Taco announced the signing of a new franchise partnership with Consolidated Taco Holdings (CTH) to open 12 new locations in the Panhandle area of Florida.
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Strong growth in Florida has given further encouragement to Del Taco to continue to attract more multi-unit operators to open more locations in the state.
“We’ve been in the burger franchise business for quite some time and are more than excited to partner with Del Taco to add a Mexican restaurant to our portfolio,” said Ed Stutz, CEO of CTH.
“When choosing new brands to add to our portfolio, we go through a rigorous exercise to ensure we’re very aligned with their vision. We believe Del Taco checks all the boxes to include a strong leadership team, a compelling brand identity, a highly distinctive value proposition, and strong unit level economics. We are really looking forward to partnering with the Del Taco team on the nationwide expansion by bringing the concept to Panhandle of Florida and beyond.”
Ed Stutz previously served as the vice president for Arby’s restaurant group and was responsible for adding over 800 locations to the business. He is currently the CEO of CTH and Consolidated Burger Holdings (CBH) who themselves manage and own 60 Burger King locations throughout Florida and Georgia.
“This new multi-unit plan to expand throughout Florida propels us forward in realizing our vision for significant brand growth led by franchisees in the Southeast region of the U.S.,” said Jeff Little, senior vice president of development.
“Our goal is to continue to partner with successful franchise organizations like CTH who are aligned with Del Taco’s commitment to bringing the brand to life by combining great real estate with operational excellence. The CTH team has a phenomenal track record of success in this region and is an ideal partner to continue growing Del Taco’s presence and reputation throughout Florida.”
Del Taco is still aggressively hunting for more multi-unit operators and private equity firms looking to take on Del Taco locations across the entire United States.
Del Taco was founded in 1969 and currently operates over 600 restaurants across the United States.
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