Taco Del Mar, a Seattle-based quick
service restaurant chain specializing in Baja style “mondo burritos and
rippin’ tacos,” announced today it has successfully completed negotiations
with British Columbia based TDM Federal Holdings, Inc. to develop restaurants
across Canada. The deal could produce 300 Taco Del Mar franchises in Canada
over the next four years, and nearly double that by 2014.
Currently, there are 22 Taco Del Mar restaurants in British Columbia,
headed by partnering Master Developers Darryl Chandra, Jas Shergill, and
Michael Anthony of TDM Pacific Holdings, Inc. Their new enterprise, TDM
Federal Holdings, Inc., takes the same success they’ve created in the western
province eastward and into the prairies. Financial details of the sale were
not disclosed.
“Over the past two years, this group has done an outstanding job of
developing new franchisees, locations and infusing our brand with great
enthusiasm in Canada,” said Taco Del Mar President David Huether. “We look
forward to working with them as they develop the rest of the country.”
The 2006 focus will be to launch Taco Del Mar in Alberta, Manitoba,
Saskatchewan and Ontario.
Chandra said his group is thrilled at the opportunity to proliferate the
brand cross country, based on the success of its B.C. development. Carefully
laying the groundwork to source Canadian vendors and creating a niche market
for tacos and burritos, he said he is confident Taco Del Mar will be seamless
fit, sorely needed across Canada.
The Canadian partnership, TDM Federal, combines young energy with years of
experience. Two of the TDM Federal partners, Shergill, 30, and Chandra, 27,
are business school graduates from the Entrepreneurial Leadership program of
Surrey, BC-based Kwantlen University. They said their education perfectly
primed them for developing Taco Del Mar franchises. Michael Anthony handles
real estate; he brings more than 30 years experience in the industry to the
team.