El Pollo Loco Keeps the Fire Going with Continued Texas Expansion
March 28 2017 - 9:00AM
El Pollo Loco (Nasdaq:LOCO), the nation’s leading fire-grilled
chicken chain, today announced it has expanded its franchise
development deal with Chicken Time Holdings, LLC, an affiliate of
Henry Investment Group (HIG) to open an additional 13 new
restaurants in Texas. As part of this new deal, HIG will open
an additional three new restaurants in the Dallas-Fort Worth metro
area, as well as expand the brand to Austin and Waco, with six and
four restaurants, respectively. By 2022, HIG will have a
total of 20 restaurants in the Texas market.
“With an abundance of expertise and industry experience, Henry
Investment Group has been instrumental in El Pollo Loco’s expansion
throughout Texas,” said Steve Sather, President and CEO of El Pollo
Loco. “We are excited to have Henry Investment Group help El Pollo
Loco continue to spread our commitment to fresh, authentically
prepared food.”
The restaurant operations leadership team at HIG brings over 20
years of successful experience to El Pollo Loco. HIG's vision
includes investing in sustainable long-term enterprises,
representing the highest quality in all that it does, being active
in the communities it serves and attracting and retaining quality
team members.
“We are thrilled to expand our partnership with El Pollo Loco,
with its great track record of success due to amazing food and
unrivaled passion that is steeped in tradition,” said David Henry,
Principal and CEO of Henry Investment Group. “We’re confident El
Pollo Loco’s signature citrus-marinated, fire-grilled chicken and
Mexican-inspired entrees will resonate with residents and visitors
of the Dallas-Fort Worth, Austin and Waco communities and we’re
excited to open our doors.”
El Pollo Loco is currently seeking highly qualified, multi-unit
operators in Texas, Oklahoma, New Mexico, Louisiana and
Arkansas. For more information, visit
www.elpolloloco.com/franchising.
About El Pollo LocoEl Pollo Loco (Nasdaq:LOCO)
is the nation's leading fire-grilled chicken restaurant chain
renowned for its masterfully citrus-marinated, fire-grilled chicken
and handcrafted entrees using fresh ingredients inspired by Mexican
recipes. With more than 460 company-owned and franchised
restaurants in Arizona, California, Nevada, Texas and Utah, El
Pollo Loco is expanding its presence in key markets through a
combination of company and existing and new franchisee development.
Visit us on our website at ElPolloLoco.com.
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Media Contact:
ICR
Christine Beggan/Lauren Andrich
loco@icrinc.com
203.682.8200
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