TacoTime Is a Well-Run Tenant for Commercial Real Estate Developers
Consistent traffic all day and night means that TacoTime locations generate their own revenue while helping drive sales of nearby businesses
A busy retail area bustling with shoppers and consumers looking for restaurant options is a beautiful sight for commercial real estate developers. They want to develop long-lasting business relationships with well-run, popular businesses, which is why a TacoTime™ Mexican food franchise on their property is a welcome development.
“Fast-casual dining is a big part of most major commercial developments, whether it’s an enclosed mall with a large parking area that’s being converted to business use, or an open-air property with shopping, dining and entertainment options mixed in throughout,” says John Wuycheck, Senior Vice President of Franchise Development. “And those developers see the 50-plus year history of growth and customer loyalty that TacoTime offers.”
Steady traffic results in steady flow of shoppers
A well-thought out mix of stores, restaurants and entertainment businesses translates into a steady flow of customers headed into the TacoTime Mexican food franchise all day and evening. That means surrounding businesses, from movie theaters to retail stores, benefit as well.
“A commercial development must have customers to survive, obviously,” John says. “They need people who are coming just for one store, and they also really want the kind of consumer who will spend several hours going from store to store. A popular TacoTime franchise means that many consumers will dine on-site and then spend time before and after doing some shopping. That’s how a TacoTime Mexican food franchise supports its neighbors, and why it’s a valuable asset.”
TacoTime is suited for repurposed mall developments
Many large malls, after losing anchor tenants and seeing business slow down, are being repurposed as education facilities, medical offices and small office parks. Some are also leasing space to large local businesses. As part of the redevelopment, commercial brokers are looking for high-quality tenants for the outparcel areas. TacoTime is an ideal choice because of its longevity and brand loyalty.
“A well-run restaurant that’s popular with consumers and will get people onto the property is a huge goal for developers,” John says. “TacoTime locations are inviting, and people love the food. They are a very good fit for this kind of urban renewal, and it’s exciting to see what the possibilities are going to be as more of these sites are re-energized in their communities.”
TacoTime is ready for the spotlight. With more than 350 locations in the United States and Canada, the successful Mexican food franchise is ready to break out of its home turf in the Pacific Northwest and hit the national stage. TacoTime is looking for entrepreneurs who are passionate about bringing authentic and affordable Mexican food to their communities. TacoTime is led by a veteran franchise team and dedicated brand support team as part of the Kahala Brands™ family.