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Article: La Salsa to gobble up small rivals. (fast food restaurant chain) (Company Profile)
- Article from:
- Los Angeles Business Journal
- Article date:
- August 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Fresh-Mex fast-food chain scores with healthy food in high sales-volume outlets
La Salsa, already capturing a fast-growing niche in the fast-food business with its high sales-volume Mexican food outlets, is poised to acquire smaller competitors, according to one major investor.
La Salsa is the only large, quick-service chain in an emerging segment of eateries that specialize in fresh, healthy Mexican food. Furthermore, La Salsa is likely to acquire smaller rivals to expand, said Dan Skaff, chairman of San Francisco-based Sienna Holdings.
Sienna Holdings and Menlo Park, Calif.-based InterWest Partners joined together in 1992 to acquire a majority stake ...