QDOBA Plans Expansion

QDOBA, a fast-casual Mexican restaurant with 750 locations in the U.S., Canada, and Puerto Rico., is planning for rapid expansion. The privately held company expects to double in size over the next decade, with plans to open 40 new restaurants this year, followed by 60 in 2024, and 80+ annually beginning in 2025.
“QDOBA is an exceptionally well positioned brand in one of the most attractive restaurant categories. We possess long-standing momentum, strong unit economics, a compelling operating model, an extraordinarily passionate guest following, and significant untapped geographic potential,” said John Cywinski, CEO of Modern Restaurant Concepts, QDOBA’s parent company.