World Library  
Flag as Inappropriate
Email this Article

Baja Fresh Mexican Grill

Article Id: WHEBN0002906548
Reproduction Date:

Title: Baja Fresh Mexican Grill  
Author: World Heritage Encyclopedia
Language: English
Subject: Stoneridge Shopping Center
Collection:
Publisher: World Heritage Encyclopedia
Publication
Date:
 

Baja Fresh Mexican Grill


Baja Fresh is a chain of fast-casual Tex Mex restaurants founded in Newbury Park, California in 1990 and headquartered in Irvine, California.[1] The chain emphasizes fresh ingredients, and each restaurant features a self-serve salsa bar.

The chain operates 256 restaurants in 29 states,[2] and in 2010 opened a number of stores in Dubai, including Burj Khalifa and Deira City Centre.[2]

Competitors include California Tortilla, Panchero's Mexican Grill, Chipotle Mexican Grill, Moe's Southwest Grill, Qdoba, Rubio's Fresh Mexican Grill, Tijuana Flats.

History

In 1990, Jim and Linda Magglos took out a third mortgage on their home[3] and opened the first Baja Fresh in Newbury Park, California in the Conejo Valley with the vision of fast food, Mexican-style, that was not processed.[4] The result was a chain of restaurants where the customer would "never see a can opener"[4] — and the motto “no microwaves, no can openers, no freezers, no lard and no MSG.”[5] Franchising began In 1995,[3] and the chain had expanded to 31 outlets by 1997.[6] In 1998, the Magglos worked with Greg Dollarhyde and Pete Siracusa, who recapitalized the parent company, acquired venture capital and bought shares from outside holders to take control of Baja Fresh.[3] Dollarhyde became CEO with Siracusa as Chairman and Magglos as President, they then grew the chain from 45 locations in 1998 to 249 stores.[7]

In 2002, Wendy's International purchased Baja Fresh for $275 million.[8] As a wholly owned subsidiary of Wendy's, the 249 restaurant chain[5] saw consistently declining same store sales.[5] In 2006, Wendy's sold the roughly 300-location Baja Fresh chain for $31 million to a private investor consortium that operates other restaurants, including Sweet Factory, La Salsa,[9] Cinnabon and Denny's.[10] The consortium is led by David Kim, who took on the role of CEO of the company.[5]

In 2009, Baja Fresh moved its corporate headquarters from Thousand Oaks to Cypress,[6] California, and closed all locations in central Ohio.[11] Between 2009 and 2010, the chain closed stores in Berkeley, Pasadena and Torrance, CA. In late 2011, the company moved its main corporate office from Cypress to Irvine. In early 2012, the chain closed its store in Newbury Park, CA, site of the first Baja Fresh.[12] On April 12, 2013 Baja Fresh closed all 5 locations in Phoenix, Arizona without notice. [13] On April 5, 2012, David Kim stepped down from his position as company CEO. His position is resumed by company president Chuck Rink, who now holds both titles.[14]

References

External links

  • Baja Fresh Corporate Site

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.