Daily Newsletter

18 September 2023

Daily Newsletter

18 September 2023

Nacho Shack to expand US footprint with two new locations

The restaurant brand intends to introduce its Modern-Mex cuisine to the residents of Tampa, Brandon and St Petersburg.

Umesh Ellichipuram September 15 2023

US-based Tex-Mex restaurant brand Nacho Shack is set to open two new locations: one in Tampa, Brandon or Riverview, Florida, and another in St Petersburg, Florida.

The restaurant brand is known for its "Modern-Mex" cuisine, which incorporates Latin spices, Cajun roux and smoked meats into a distinct nacho topping experience.

Its menu offerings also include smoked wings, tacos and power bowls.

Nacho Shack CEO Damon Ebanks said: “At Nacho Shack, we celebrate exploration and enjoyment. Food is more than sustenance; it's a journey of discovery.

“That's why we've crafted an environment where guests can explore new flavours, groove to international music and admire captivating artwork.”

The opening of the two new locations will introduce Nacho Shack’s culinary adventure to the residents of Tampa, Brandon and St Petersburg.

The new restaurants will feature a welcoming design, "vibrant" artwork" and a family-friendly atmosphere.

The Tampa, Brandon or Riverview location franchisee Robert Haynes said: “We're excited to bring Modern-Mex flavours to more communities.

“Our menu goes beyond nachos; it's about redefining Tex-Mex cuisine and crafting unforgettable dining experiences.”

Based in Havelock, North Carolina, Nacho Shack is also looking to expand its presence in the country further and is currently looking for ideal leasing opportunities in new locations.

Full-service restaurant (FSR) was the largest profit sector channel in Germany in 2022

Per GlobalData, the Germany foodservice profit sector is expected to grow at a CAGR of >11% during 2022-2027. FSR was the largest foodservice profit sector channel in 2022, with a share of 26.5%, reflecting the popularity of traditional fine-dining experiences among German consumers. Despite the highly fragmented market, pub, club & bar channel is set to record the highest growth during 2022–27, triggered by an increase in transactions and average transaction value.

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