Courtesy Photograph / Taco Cabana
San Antonio-based Taco Cabana desires to develop past its Texas base through franchise offers.
San Antonio-based Taco Cabana is launching a nationwide franchising program to assist develop its presence past the Lone Star State, officers mentioned Wednesday.
The fast-casual Tex-Mex chain desires to ink offers with native franchisees so it will probably develop into states together with Arizona, Arkansas, Colorado, Missouri, Oklahoma and Tennessee.
“We’re assured that now’s the perfect time for Taco Cabana to implement this thoughtfully deliberate and well-constructed franchising alternatives to prioritize progress past our current markets,” Director of Franchise Gross sales and Improvement John Ramsay mentioned in an announcement.
At present, Taco Cabana operates greater than 140 areas in Texas together with six franchise retailers in New Mexico, in line with enterprise profile web site Funding Universe.
Former Taco Cabana CEO Richard Cervera led an aggressive enlargement within the ’90s that included franchising. Nonetheless, the corporate’s inventory value plummeted amid the enlargement, and Cervera resigned in 1995, Funding Universe notes. A few of the firm’s new areas closed shortly after.
The present franchising effort is underneath the management of California-based Yadav Enterprises, which purchased the Tex-Mex chain in Aug. 2021 for $85 million.
Yadav at present operates greater than 400 franchise restaurant areas throughout manufacturers, together with Jack within the Field, Denny’s and TGIFriday’s, in line with Nation’s Restaurant Information.
“We’ve the management and operational techniques in place to ship a nationwide franchising alternative for passionate and skilled operators who need to introduce our acclaimed restaurant chain to their communities,” Taco Cabana President and Chief Working Officer Ulyses Camacho mentioned in an announcement.
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