They helped Dave's Hot Chicken become a sensation. Now they say this fast-casual taco restaurant could be the next Chipotle
Briefly

They helped Dave's Hot Chicken become a sensation. Now they say this fast-casual taco restaurant could be the next Chipotle
"The San Diego-based taco restaurant currently has only two locations, but it has caught the attention of the restaurant investors who made Dave's Hot Chicken a scorching success. This week, the restaurant announced that it has secured franchise development agreements for more than 200 new locations around the country. Mike's Red Tacos was founded as a food truck in 2021 by Mike Touma, followed by a brick-and-mortar location in 2022."
"The brand is gaining a fast-growing following on social media following-and now it's primed for nationwide expansion. Fast casual with a taco twist Mike's Red Tacos specializes in Birria-a traditional, slow-cooked Mexican stew dish that's typically made from beef, lamb, or goat-which has exploded in popularity in recent years, largely due to social media trends. It can now be found, in various forms, on menus at numerous Mexican chains,"
Mike's Red Tacos is a San Diego-based taco concept that began as a food truck in 2021 and opened a brick-and-mortar location in 2022. The operation currently has two locations and has secured franchise development agreements for more than 200 new locations nationwide. The menu centers on birria, a slow-cooked Mexican stew typically made from beef, lamb, or goat, which has surged in popularity via social media. The concept has built a fast-growing social-media following and is positioned for national expansion. Early-stage investors and advisors Bill Phelps and Andrew Feghali are providing support.
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