TL;DR
Del Taco's same-store sales increased 6.7 percent in the third quarter, with traffic rising 2.3 percent and average check increasing 4.8 percent. The company plans to look for new franchisees to accelerate development and growth.
While the competition is heating up in the Mexican restaurant franchise space and many restaurants are struggling to increase same-store sales and traffic, Del Taco is continuing their growth for the 12th straight quarter. According to a recent Nation’s Restaurant News article, Del Taco Restaurants Inc. announced that its same-store sales increased 6.7 percent, traffic rose 2.3 percent, and the average check increased 4.8 percent all in the third quarter.
Executives from the company are crediting the higher-end products that have been added to the chain’s menu for the success. “Through the use of fresh ingredients and product innovation served with the speed and convenience of a drive-thru, we are further differentiating our iconic brand and broadening our appeal,” CEO Paul Murphy said in a statement.
The brand plans to start looking for new franchisees in order to accelerate development and growth. Currently with 546 units, revenue rose to $98.6 million this quarter, a 5.9 percent jump from the last.
In this story
This story was originally published in 1851 Franchise on October 18, 2016. Burnaze summarizes and links to the original reporting.
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