Del Taco announced the launch of its new Epic Burritos. Created to expand the choices for guests, the new burritos range from 14 to 18.5 ounces in weight and are priced from $4.99. Del Taco is celebrating the launch by offering a free medium drink to guests who purchase an Epic Burrito between November 11 and 20 at participating locations.
Every successful brand relies not only on its leader to craft and execute a winning brand strategy, but also on its executive team members to keep the concept running smoothly. A savvy CEO understands that his or her fellow C-suite members must consistently be inspired to be the highest-quality, top-notch executives possible.
For Phillip Chang, CEO of frozen-yogurt chain Yogurtland, treating employees with dignity and respect is of the utmost importance when it comes to motivating his team. He also prioritizes setting a good example for his fellow executives to follow.
Continuing its march across Texas, Del Taco announced the opening of its first of 25 locations planned for San Antonio.
The new San Antonio restaurant will open on Wednesday, September 4.
The new Del Taco features a 70-seat dining room, a salsa bar, and a drive thru that will be open 24 hours. This restaurant will serve breakfast from 11p.m. to 11 a.m. and will offer free WiFi in the dining room.
Del Taco is bringing back its Free Wednesdays promotion. Between 3 and 9 p.m., guests will receive an item of their choice from the Buck & Under Menu free with any purchase.
This offer will be available on August 28, September 4, and September 11 at participating Del Taco restaurants.
Setting the stage for its latest growth surge, Del Taco now has seven new franchise groups committed to developing 39 new restaurants across the country, including in Central California, Colorado, Georgia, New Mexico, South Carolina, and Texas. Simultaneously, the company announced five new markets for multiunit development and a search for new franchise partners.
The news comes as Del Taco continues its ambitious growth beyond its Southern California roots to new markets to the East with new franchisees as well as new company restaurants.
Larry Blumberg and Associates (LBA), a company providing comprehensive real estate and business services for hospitality and restaurant groups, has named Barry Barnhart as vice president, restaurant operations, a new company position.
Barnhart has been in the restaurant business for 43 years. He comes to LBA from Del Taco’s corporate office in Lake Forest, California, where he served with distinction as vice president of franchise operations.
As Del Taco rolls out changes to their restaurants, the new Buck & Under and New Tastes menus continue to generate positive consumer buzz. The new menus made their system-wide debut with the overall brand relaunch on April 24.
Having been in refresh mode for more than year, Del Taco is ready to enter the final phase of a major brand upgrade that has so far included new store and branding designs, as well as operational tweaks at the corporate office.
This week, the Lake Forest, California–based brand launched two new menus, Buck & Under and New Tastes, and a promotional campaign, “UnFreshing Believable,” that focus on Del Taco’s low price points and fresh ingredients.
Del Taco Holdings announced the completion of a debt refinance transaction.
The transaction, led by GE Capital, Franchise Finance, features new senior credit facilities, which include a $175 million term loan and a $40 million revolving line of credit.
Net proceeds were used to refinance the company’s existing senior credit facility and for a partial redemption of its senior subordinated debt.