Pancheros Expands Rapidly with Eight New Locations and 10 Lease Signings in 2013

February 19, 2014 // Franchising.com // CORALVILLE, IA – Pancheros Mexican Grill (www.pancheros.com), a fast casual Mexican restaurant specializing in mouthwatering burritos, has announced that it rounded out 2013 with eight new location openings and 10 lease signings set for development in the upcoming year. Contributing to a system-wide sales volume increase of 17.2 percent, Pancheros broke ground in new and current markets, including Missouri, Iowa, New Jersey and Illinois.

Pancheros expects to open its doors in 16 new locations in 2014, starting with Connecticut and Michigan in the first and second quarter. Plans have been set to sustain expansion across the country, with Pancheros working toward 70 additional restaurant launches in the next five years.

"Sustainable, efficient growth is a priority every year at Pancheros," said Rodney Anderson, President of Pancheros Mexican Grill. "In 2013, our 21st year of operation, we were able to not only succeed in meeting our growth goals but did so in a strategic way thanks to our franchisees, vendors and partners across the country. Drawing on this momentum, we hope to make 2014 just as historic for the company."

The fast casual restaurant’s signature fresh ingredients and laid-back atmosphere have made it a hot spot for Mexican food across the country. The chain now operates in 65 locations nationwide.

For more information about Pancheros, please visit www.pancheros.com.

For more information about franchise opportunities, please contact Gary Matusiak via phone at 319-545-6565, via email at franchising@pancheros.com or visit www.Pancheros.com/Franchise.

About Pancheros Mexican Grill

Founded in 1992 by Rodney L. Anderson, Coralville, Iowa-based Pancheros Mexican Grill is a quick-serve, fresh-Mexican franchise that serves its signature fresh-pressed tortillas filled with the freshest, highest-quality ingredients. Burritos are customized and mixed with "Bob the Tool" to get every ingredient in each bite. Along with their tasty burritos, the menu also includes quesadillas, tacos, burrito bowls, and salads. Pancheros currently has 65 locations in the United States and the company plans to have 75 restaurants open across the country by the end of 2014. For more information, visit www.pancheros.com.

SOURCE Pancheros Mexican Grill

Contact:

Sara Bosco
Konnect Public Relations
O: 213.988.8344
F: 213.988.8345
C: 201.286.3476
E: sbosco@konnect-pr.com

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