On February 27, 2025, Del Taco announced the temporary closure of its locations in Colorado, including Denver and Colorado Springs. This decision follows financial difficulties faced by the franchisee, Newport Venture, which operates 18 restaurants in the state.
- Del Taco closing all Colorado locations temporarily
- Grand Junction location remains open under different franchisee
- Franchisee Newport Venture facing financial issues
- Del Taco aims to retain employees at locations
- Franchisee owed Del Taco $125,000 by deadline
Del Taco’s announcement has raised concerns among employees and customers alike. The franchisee, Newport Venture, reportedly failed to pay Del Taco $125,000 by the due date of October 17, which has contributed to the current situation. The company is exploring options to either take control of the affected properties or find another franchisee to manage them.
Key points regarding the closures include:
- All Colorado Del Taco locations are closed until further notice.
- The Grand Junction location remains operational and is managed by a different franchisee.
- Del Taco is working to minimize hardship for employees who may lose their jobs.
In a statement, Del Taco expressed its commitment to retaining employees at the impacted locations. The company is seeking solutions that would allow them to step in and manage the restaurants, thereby alleviating the financial strain on workers. The situation remains fluid, and updates will be provided as they become available.
In summary, Del Taco’s temporary closure of its Colorado locations is a result of financial difficulties with its franchisee. The company is actively seeking solutions to support affected employees and maintain operations in the state.
