The fast-food game continues to expand into Colorado, and El Pollo Loco will be the newest option. The chain plans to open its first Colorado restaurants in 2022.
Eight restaurants from the fire-grilled chicken chain are coming to the Mile High City, the company announced. The number of locations could rise to as many as 15 across the metro area in the next five years.
El Pollo Loco inked deals for four restaurants on each side of town with two separate franchisees. LMU Investments will open four restaurants on the east side of Denver, with the first set open next year in Peoria. Pikes Pollo Inc. will operate stores on the west side of the city.
The company said the initial investment to own and operate a single unit is estimated between $770,000 and $2,097,000, including a franchise fee of $40,000.
The expansion announcement comes as El Pollo Loco is aggressively expanding its national footprint. The chain is working on remodeling 300 of the existing 478 restaurants across six states.