Del Taco

It Starts at the Top

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.

Del Taco Debuts First of 25 San Antonio Units

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.

New Del Taco Franchisees to Help Push Brand East

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.

Del Taco Exec Joins LBA to Build New Units in AL, FL

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. 

New Menus, Ads Usher In Del Taco's Next Growth Phase

Paul Murphy, CEO (left), and John Cappasola, chief brand officer, are guiding Del Taco through a brand refresh.

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 Completes $215M Debt Refinancing

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.