SACRAMENTO, CALIF. — Encore Restaurants LLC has acquired eight Five Guys Burgers and Fries restaurants in Central California for an undisclosed sum. The restaurants are located in Elk Grove, Fresno, Lodi, Natomas, Roseville, Stockton, Tracy and West Sacramento.
Encore plans to develop 45 more locations within the state in the next four years. It will initially focus on the Fresno area.
“We have located the first 10 sites and will begin building the restaurants [in the] first quarter of 2015 in Fresno,” says William Ray Bruce, president of Encore Restaurants. “Our guests are asking for more locations in this trade area.”
The existing restaurants are located from Fresno to South Lake Tahoe, and as far west as Napa County.
“We plan on helping these communities with management personnel and many crew member positions,” says Bharat Sangani, chairman of Encore Enterprises. “By the end of our four-year development stretch we hope to bring upwards of 1,250 jobs to the region.”
Encore Restaurants is a subsidiary of Dallas-based Encore Enterprises, a privately owned national real estate company. Encore develops, acquires, and manages hotels, multifamily communities, retail shopping centers, commercial offices and public-private mixed-use developments.
Encore Restaurants develops, owns and manages specific territories of various full dining, fast casual and quick serve concepts across the United States.
Five Guys first opened in the Washington, D.C., area in 1986. The restaurant chain now contains more than 1,000 locations nationwide, with 1,500 more in development.
— Nellie Day