Mexican Franchise Business Del Taco Appoints New VP
Del Taco Restaurants Inc. recently accounted the appointment of a new Senior Vice President of Development, Jeff Little. In his new role, Little will take charge of the company's franchise sales and development plans. Currently, Del Taco is the second largest chain serving Mexican-American food by unit in the US.
This news comes as the franchise business works to improve the general quick-service experience and continues to build its presence on a national level. Del Taco CEO and President Paul J.B. Murphy III said the company is excited about the addition of Little to its team, noting that having a seasoned veteran such as Jeff in place will prove necessary for its long-term growth strategy and goals, which include reaching a mid-single-digit unit growth percentage system-wide by 2017's end.
According to Little, the franchise is a strong brand that is now positioned to take advantage of growth opportunities on a national level. The new VP is excited to lend his expertise and background to the Del Taco team and help strengthen the company's leading position in its category.
Little has more than 20 years of development experience, with his most recent position being vice president of development for El Pollo Loco, where he managed real estate, franchise sales, construction projects and the brand's overall project design. Before El Pollo Loco, he was at Yum! Brands for more than two decades, most recently as Taco Bell's national director of development. In that role, he oversaw company development and real estate over the western part of the US. He also received a BA in Business Economics from the University of California.
Del Taco Franchising Opportunities
Del Taco is currently seeking qualified franchisees for its franchising opportunities across the country. The financial requirements are a net worth of $1 million with at least $500,000 in liquid capital. The franchisee fee initially is $35,000, but there are discount programs available for qualified veterans, minorities and those in market-specific regions targeted for growth. A total investment in a Del Taco franchise location ranges from $847,700 to $1,815,500.
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