Pancheros Mexican Grill, a fast-casual Mexican restaurant, announced that it rounded out 2013 with eight new location openings and 10 lease signings set for development in the upcoming year. Contributing to a system-wide sales volume increase of 17.2 percent, Pancheros broke ground in new and current markets, including Missouri, Iowa, New Jersey, and Illinois.
Pancheros expects to open its doors in 16 new locations in 2014, starting with Connecticut and Michigan in the first and second quarter. Plans have been set to sustain expansion across the country, with Pancheros working toward 70 additional restaurant launches in the next five years.
“Sustainable, efficient growth is a priority every year at Pancheros,” says Rodney Anderson, president of Pancheros Mexican Grill. “In 2013, our 21st year of operation, we were able to not only succeed in meeting our growth goals, but did so in a strategic way thanks to our franchisees, vendors, and partners across the country. Drawing on this momentum, we hope to make 2014 just as historic for the company.”
The fast casual restaurant’s signature fresh ingredients and laid-back atmosphere have made it a hot spot for Mexican food across the country. The chain now operates in 65 locations nationwide.