Participating in a bankruptcy auction, Milford, Conn.-based Franchise Brands, LLC submitted a successful bid to purchase Taco Del Mar, a quick-service Mexican-themed restaurant with more than 200 locations. A bankruptcy judge has approved the sale of the Seattle-based company. The sale is expected to close by the end of the month.
Taco Del Mar will be the second foodservice company in Franchise Brands portfolio, with the other being Mama Deluca’s Pizza Now, a QSR pizza concept that is often co-branded with Subway restaurants. Franchise Brands also has a partnership with Mooya Burgers Fries and Shakes, a Texas-based upscale burger concept.
Franchise Brands is a company that either owns or works with organizations that looks to grow via franchising. The company was created by the founders of the Subway restaurant chain.
2012 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.