Del Taco
In the ‘60s, Del Taco started out as a Mexican-inspired restaurant that sells fries and burgers as well. This proved popular among the residents of the Southwest and the West. Overall, it now has 564 restaurants. Sadly, it has announced plans to close underperforming stores by 2020. It also expressed an interest in franchising. In 2015, Levy Acquisition bought the company. Its plans to open stores East did not prove successful, although it still rakes in quite a revenue. It is considered a Taco Bell competitor.
Del Taco
Applebee’s
Applebee’s and IHOP are sister restaurants. Sadly, both of these restaurants plan to shut down stores. Founded in 1980, Applebee’s now has 1,830 restaurants across the globe. The majority of these are franchised. There was a time when it made a revenue of $2.5 billion, had $935 million in assets, and employed 28,000 people.
Applebee’s