IRVINE, Calif., July 29, 2008 (PRIME NEWSWIRE) -- Taleo Inc., the authentic Mexican restaurant company, announced today it plans to build out up to 11 additional Taleo Grills and up to 43 Via! Taleo quick service restaurant concept locations primarily in the company's home state of California.
"Our existing Orange County location and reviews have validated the quality of our food and concept," stated Nic Villareal, President of Taleo, Inc. "The market has California Pizza Kitchen and CPK FAST for pizza and pasta, Houston's for a traditional experience, and PF Chang's and Pei Wei for Asian cuisine. Taleo Grill and our Via! Taleo concept fills the missing piece, which is authentic, fresh, and healthy Mexican Riviera cuisine which appeals to the same discriminating consumer in the same comfortable upscale fast-casual atmosphere. We believe our timing is excellent. Our business has increased for three years in a row now, we're on track to see strong growth in top line this year despite a tough economic environment, and we can tie up the best real estate on optimal terms as well as provision consultants, equipment and contractors at the best rates. This is absolutely the right time to begin the expansion process and bring out our Via! Taleo concept which extends our brand by reaching into the suburbs surrounding our larger Grill locations at a $7-$10 price point."
About Taleo, Inc. Based in Orange County, California, Taleo Grill and Via! Taleo are the two concepts owned and operated by Taleo, Inc. Taleo brings to market the freshest, highest quality Mexican Riviera cuisine for the discriminating dining consumer. Taleo, Inc. is supported by a network of professionals in the private equity, restaurant consulting, real estate, and branding businesses.