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RISE - Menu Monitor

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Pancho's Mexican Buffet<br />

Headquarters<br />

3500 Noble Ave., Fort Worth, Texas 76111 USA<br />

Tel: (817)838-1424 Fax: (817)838-1481<br />

www.panchosmexicanbuffet.com<br />

Ownership: Private<br />

Segment: Limited Service Cafeteria/Buffet<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 42,800 41,500 43,000<br />

Company-owned ($000) 39,500 38,500 40,000<br />

Franchised ($000) 3,300 3,000 3,000<br />

U.S. Number of Units 38 38 38<br />

Company-owned 35 35 35<br />

Franchised 3 3 3<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) 1,135 1,100 1,075<br />

Concept Positioning |<br />

Pancho’s Mexican Buffet is a limited-service buffet concept serving Mexican food at family-friendly prices. The chain is<br />

privately held by Pancho's Foods Inc. and operates 38 units in the South, three of which are franchised.<br />

Units are generally freestanding and average 7,300–9,000 sq. ft. Units are decorated to resemble a Mexican villa, with piñatas<br />

hanging from the ceiling (and available for purchase), velvet paintings adorning the walls, and servers wearing authentic<br />

Mexican vests. In addition, the chain features bright color schemes, contemporary furniture and fixtures, Fiesta-style<br />

dinnerware and bright tablecloths.<br />

Pancho’s Mexican Buffet first opened in 1966 in Fort Worth, TX. By 1969, the chain grew to nine locations in Texas, Louisiana<br />

and Oklahoma. In 2001, the chain was purchased by restaurant investor Stephen Oyster, who took it private. There are no<br />

major expansion plans for the chain.<br />

<strong>Menu</strong> Positioning |<br />

Pancho’s is open for lunch and dinner. Its signature offering is its buffet line, which includes 30 freshly prepared items<br />

including tamales, five varieties of enchiladas, flautas, red chili stew, green chili stew, beans and Mexican rice. Complimentary<br />

sopaipillas are also served to customers. Combo meals are available, as is a kids’ menu. Many restaurants also feature<br />

takeout service. <strong>Menu</strong> prices range from $5.29–$16.99. Checks average $6.<br />

Personnel |<br />

Marty Adler, CEO<br />

Robert Cohen, V.P. of Operations<br />

Kristi Wallace, Marketing Manager<br />

Robert Lopez, Director of Purchasing & <strong>Menu</strong> Development<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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