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Franchise Brands, LLC to Purchase TACO DEL MAR®


News provided by

Franchise Brands, LLC

Oct 14, 2010, 08:00 ET

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MILFORD, Conn., Oct. 14 /PRNewswire/ -- Franchise Brands, LLC, based in Milford, Connecticut, has successfully placed a bid to purchase the rights to TACO DEL MAR®, a quick-service Mexican concept, through a recent bankruptcy auction. A bankruptcy judge has approved the sale of the Seattle-based company.

With more than 200 locations, TACO DEL MAR® will join other concepts in the Franchise Brands portfolio including: PERSONAL TRAINING INSTITUTE®, a one-to-one fitness and nutrition franchise; MAMA DELUCA'S PIZZA NOW!®; and HomeVestors of America, Inc., a real estate concept.

"Franchise Brands is a company with an interest in acquiring businesses to create a diverse portfolio ready for expansion through franchising. TACO DEL MAR® is an established brand with name recognition. The concept fits our preferred business model with its ease of operation, relatively low investment and presence in a popular foodservice category," said Franchise Brands Managing Director, Lisa M. Oak.

Created in 2005 with the support and guidance of the co-founders of the SUBWAY® restaurant chain, Franchise Brands, LLC acquires and or creates strategic alliances with both food and non-food businesses that can offer growth opportunities to franchisees and entrepreneurs worldwide.

For more information about Franchise Brands, LLC, please visit www.franchisebrandsllc.com.

Founded in Seattle in 1992 by brothers James and John Schmidt, TACO DEL MAR® is a quick-service casual restaurant chain inspired by southern Baja, Mexico and coastal beach shacks known for serving some of the tastiest burritos and tacos. TACO DEL MAR® was recently named one of "America's Top 10 Best Fast-Casual Family Restaurants" by Parents magazine and one of "America's Top 10 Healthiest Fast Food Restaurants" by Health magazine. As the fresh, fast alternative to traditional Mexican food, TACO DEL MAR®'s ingredients balance taste and nutrition. The completely Trans fat free menu features steamed long-grain rice, lard-free beans, and fresh-made tortillas. Taco shells are baked, not fried, and TACO DEL MAR®'s salsas and guacamole are made with fresh ingredients daily. TACO DEL MAR® can be found in more than 200 locations throughout the U.S., Canada and Guam. For more information, nutritional facts, and a list of TACO DEL MAR® locations, visit www.tacodelmar.com.

SOURCE Franchise Brands, LLC

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