Does the Del Taco FDD state that GNC Holdings, Inc. is related to Del Taco or its affiliates?
Del_Taco Franchise · 2025 FDDAnswer from 2025 FDD Document
We are a wholly-owned subsidiary of Del Taco Holdings, Inc. ("Del Taco Holdings") a Delaware corporation. Pursuant to an Agreement and Plan of Merger dated December 5, 2021 ("Merger Transaction"), Jack in the Box Inc., a Delaware corporation ("JIB"), acquired Del Taco Holdings on March 8, 2022. As a result of the Merger Transaction, Del Taco Holdings is a wholly-owned subsidiary of JIB. Del Taco Holdings shares our principal business address. JIB's principal business address is 9357 Spectrum Center Blvd., San Diego, California 92123. In May 2025, JIB announced that it was exploring strategic options relating to the Del Taco brand which include divestiture.
As a result of the Merger Transaction, we have the following affiliates that offer franchises:
Our affiliate, Different Rules, LLC ("Jack in the Box Franchisor"), is a Delaware limited liability company organized in November 2018 that offers and sells franchises for quick-service Jack in the Box® restaurants. As of the end of its last fiscal year, Jack in the Box Franchisor had a total of 2,040 franchised restaurants and 150 company-owned restaurants operating in the United States. The company-owned Jack in the Box® restaurants are operated by our affiliate Jack in the Box Properties, LLC ("JIB Properties"). JIB Properties is a Delaware limited liability company. Both Different Rules, LLC and JIB Properties, LLC maintain a principal business address at 9357 Spectrum Center Blvd, San Diego, California 92123.
We do not have any affiliates that provide goods or services to our franchisees.
Except as described above, we do not have any affiliates that currently offer or have offered franchises for restaurants or for any other line of business during the past 10 years. We have had no predecessors during the past 10 years.
Source: Item 4 — BANKRUPTCY (FDD page 16)
What This Means (2025 FDD)
According to Del Taco's 2025 Franchise Disclosure Document, GNC Holdings, Inc. is not mentioned as being related to Del Taco or its affiliates. The document does, however, identify Del Taco's parent company and affiliates. Del Taco LLC is a wholly-owned subsidiary of Del Taco Holdings, Inc., which, in turn, was acquired by Jack in the Box Inc. (JIB) on March 8, 2022. Consequently, Del Taco Holdings is a wholly-owned subsidiary of JIB.
The FDD also specifies that Different Rules, LLC (Jack in the Box Franchisor) is an affiliate that offers and sells franchises for Jack in the Box restaurants. Jack in the Box Properties, LLC (JIB Properties) operates the company-owned Jack in the Box restaurants. Both Different Rules, LLC and JIB Properties, LLC share a principal business address with JIB.
The document explicitly states that Del Taco does not have any affiliates that provide goods or services to its franchisees. Furthermore, it confirms that, except for the mentioned affiliates, Del Taco has no other affiliates that currently offer or have offered franchises for restaurants or any other line of business during the past 10 years.