Restaurant & QSR Expansion Report

To Double in Size in Five Years

Launched in 1992, Panchero Mexican Grill is a quick casual restaurant concept that features a menu of fresh Mexican fare including quesadillas, tacos, burrito bowls, salads and homemade salsas. Based in Iowa City in Iowa, the chain opened eight new restaurants last year and signed leases for about ten more.  During 2014, Pancheros expects to open 16 restaurants and about 70 more are anticipated over the coming five years. While the franchise company, Pancheros Franchise Corp., is growing across the country, openings are expected in the east in Connecticut, New Jersey and Michigan this year.  The chain targets suburban areas, college and university towns, etc. The restaurants generally operate in 2000 to 2400 square feet with seating for about 60 guests. Currently there are over 60 restaurants operating in the United States. 

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CATEGORY:  Quick Casual Tex-Mex

Chain Name:  Pancheros Mexican Grill

Company Name:  Pancheros  Franchise Corp.

Street Address:  2475 Coral Court, Suite B, Coralville, Iowa 52241  

Tel: 888/639-2378                              Fax:

Email: marketing@pancheros.com             Website:  www.pancheros.com      

Menu Specialty:  Tex-Mex menu fresh made quesadillas, tacos, burrito bowls, salads and homemade salsas.

Introduced:  1992  in Iowa City, Iowa.  Started franchising in 1995

No. of Locations:  Over 60 in the United States

Areas of Operation:  Nationwide

Types of Location:  End caps, pads

BusinessType (corp., franchise, jv):  Privately owned, Franchise locations

Size Req’d: 2000 to 2400 sq.ft. Average seating – 60 to 70 people

Special Requirements (patio, drive-thru, etc):  Patios welcomed

Contact Name:  Rodney L. Anderson – President, Founder

Reid Travis – Director, Marketing

REAL ESTATE REPRESENTATIVES:

FRANCHISE REPRESENTATIVES:

PARENT COMPANY: Pancheros Franchise Corp., Iowa City, Iowa

Related Chains: 

Last Report: Restaurant & QSR Expansion Report #112   Last Update:

NOTES, NAMES & NUMBERS:

 

 

 

 

 

 

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