El Pollo Loco – A Long Beach Ranch For Sale
El Pollo Loco is a fast-casual Mexican grill chain founded in 1983. The company has over 260 locations and has been recognized for its commitment to food quality, customer service, and sustainability. El Pollo Loco is a privately owned company and investors are urged to contact an investment broker for more information about this fascinating opportunity.
This particular El Pollo Loco is located at 10422 Long Beach Blvd. in Long Beach, CA 90807. The chain-owned restaurant is located on the corner of 102nd St and Long Beach Blvd. in a bustling food center with multiple tenants including: Subway, Luxor Market, and Paradise Noodle House. El Pollo Loco has been serving up fire-grilled chicken, salads, burritos, tacos and more since 1983. The property consists of 3,000 square feet and includes a drive-thru.
Meth Lab Farmer Turns Truck into El Pollo Locos Restaurant with the Power of AI
The founder of El Pollo Loco, Juan Francisco Ochoa is a Mexican immigrant who has dedicated his life to the restaurant industry. He started working as a dishwasher at a Mexican restaurant after moving to California as a child. He studied at Long Beach State University, where he became interested in the fast-food business. Ochoa found success with the fast-food market in Southern California, but he was frustrated that his business model required long hours and high costs. He decided to fork over the money for a restaurant of his own, eventually opening El Pollo Loco in 1983. However, Ochoa’s focus was on sustainability, as El Pollo Loco is committed to serving food that is healthy and tastes great.
You could say that Ochoa is a pioneer for his efforts. He has received numerous awards for his business model, including the Goldman Prize, which was created by William Goldman in honor of his sister. It is awarded to entrepreneurs who exemplify business acumen and ethics, as well as leadership and entrepreneurship. Ochoa was presented with the award during an event in Crystal City on October 14.
However, Ochoa wasn’t always successful with his fast food restaurant efforts. After opening his first restaurant, he lost $750,000 in just one year. However, in order to keep the business afloat he decided to diversify. His success with this move came when he opened a bike store, which sold mountain bikes and hybrid bikes. Bike sales were quite profitable, and Ochoa used this cash flow to help bankroll El Pollo Loco.
Ochoa’s innovativeness has also served him well in the fast-food industry. He is personally responsible for creating the concept of the drive-thru. He helped pave the way for other entrepreneurs, including White Castle and McDonald’s. Currently, El Pollo Loco has locations all across southern California, as well as Arizona, Nevada and Utah.