January 30, 2015 12:31 AM ET

Hotels, Restaurants and Leisure

Company Overview of Del Taco LLC

Company Overview

Del Taco LLC owns and operates a chain of restaurants in the United States. The company offers Mexican and American styled dishes, including tacos, burritos, American grill, quesadillas and nachos, desserts and shakes, sides and salads, combos and fiesta packs, kid's meals, and drinks in Moore, Oklahoma; Dallas, Texas; and Columbus, Georgia. It also provides franchising opportunities in Atlanta, Georgia; Houston, Texas; Charleston, South Carolina; Portland, Oregon; Tampa, Florida; and Seattle, Washington. In addition, the company offers apparel and headwear, hot sauce, naugles, gift cards, and merchandise through its Web store. The company was founded in 1964 and is based in Lake Forest, Cal...

25521 Commercentre Drive

Suite 200

Lake Forest, CA 92630

United States

Founded in 1964

Phone:

949-462-9300

Fax:

949-462-7444

Key Executives for Del Taco LLC

Chairman
Age: 59
Owner
Age: 67
Co-Founder
Co-Founder
Chief Financial Officer
Age: 41
Compensation as of Fiscal Year 2014.

Del Taco LLC Key Developments

Del Taco and JENNIE-O Team Up on Delicious Turkey Items

Del Taco announced it has teamed up with the JENNIE-O® brand to develop turkey in developing a lean, seasoned ground turkey recipe using a proprietary blend of spices. Available at participating restaurants beginning December 30, 2014 the turkey has 33% less fat than Del Taco's seasoned beef, yet offers the same craveable flavor fans know and love. Initially introducing turkey to the menu in January 2014, Del Taco continues to satisfy guest demand for quality ingredients and is still the only Mexican quick service restaurant to offer lean, seasoned ground turkey as a protein option. Del Taco's menu will highlight turkey best-sellers including the Turkey Tacos, Turkey Combo Burrito, Turkey CrunchTada Tostada and the Deluxe Turkey Taco Salad. Price and participation may vary.

Del Taco Is Yet To Decide On Sale Process Or Sale Of The Properties

On October 1, 2014, Del Taco LLC (“Del Taco”), the general partner of Del Taco Restaurant Properties II (the “Partnership”) and Del Taco Income Properties IV sent a letter to the limited partners of the partnership requesting input on whether or not Del Taco should explore a sale process for the properties owned by the Partnership. Del Taco is reviewing the results of the poll and is not at this time making a decision either for or against initiation of a sale process or sale of the properties.

Del Taco Continues Midwest Expansion

Del Taco announced its plans to develop at least eight restaurants in the Chicago area to begin by early 2016. Currently with 550 restaurants in 16 states, this latest expansion supports the company's major-growth strategy to bring Del Taco's fresh, made-to-order Mexican and American favorites to guests across the country. Leading the company's expansion in the northern Chicago metropolitan area is the franchise group The Tasty Group Chicago, LLC who has committed to open at least eight locations throughout this exclusive territory. The first restaurant is tentatively scheduled to open by July, 2016. The managing principals of the Tasty Group Chicago bring a diverse set of experiences, including real estate development, construction, and restaurant operations. The Mexican quick service category is one of the fastest growing segments in the industry and Del Taco attracts a broad customer base across all age groups, income levels and demographics. Del Taco looks to partner with qualified franchisees that have the financial strength and foodservice, operations and real estate experience to help grow the brand nationwide. The company offers extensive training, operational and marketing support to franchisees. In addition, Del Taco's continuous and in-depth research and development of new menu items provides delicious reasons for customers to keep coming back.

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