A 5-year-old Milford company has secured its fourth
franchise brand by buying Seattle-based Taco del Mar out of bankruptcy earlier this month.
Franchise Brands LLC, launched by the founders of Subway restaurants, won approval to buy the Mexican restaurant chain for $3.5 million, according to the Seattle Times.
Less Winograd, a Subway spokesman on loan to Franchise Brands, said the official closing won’t be for weeks, but the judge in the case signed off on the acquisition. He said this is the first franchise the group has bought out of bankruptcy.
This doesn’t mean Taco del Mar locations will be popping up in the state in the near future.
Photo: Connecticut Post Contributed.