Del Taco Plans
Central Calif. Push

PAUL HUGHES

Monday, September 28, 2015

Lake Forest-based Del Taco
Restaurants Inc. said three franchisees will open 27 locations in central
California. The company didn’t give a time frame for the expansion. Del Taco
has three restaurants between Fresno and Merced, according to its website;
Clovis is a new market for the chain.

The largest franchisee group—with
20 restaurants pledged—is headed by Mike Sater, who founded San Dimas-based
Sater Oil International, which operates 31 AM/PM convenience stores in Central
and Southern California. Del Taco Restaurants has about 550 restaurants in 16
states and had 2014 systemwide sales of $655 million. Its shares closed today
down about 1% to a market cap of $506 million.

http://www.ocbj.com/news/2015/sep/28/del-taco-plans-central-calif-push/