What were the losses (gains) on the disposition of property and equipment, net, for Del Taco in 2024?

According to Del Taco's 2025 Franchise Disclosure Document, the loss on the disposition of property and equipment in 2024 primarily related to lease terminations and early closures of Del Taco restaurants. In 2025, the loss on disposition of property and equipment primarily related to retirements in connection with reimage projects. This indicates that Del Taco's financial performance can be affected by strategic decisions such as restaurant closures, lease terminations, and reimage projects.

For a prospective franchisee, understanding the reasons behind these losses is crucial. Lease terminations and restaurant closures could signal underperforming locations or strategic shifts in the company's real estate portfolio. Reimage projects, while potentially beneficial in the long run, can lead to short-term losses due to asset retirements. Franchisees should inquire about Del Taco's criteria for restaurant closures and the potential for future reimage requirements, as these factors could impact their investment and profitability.

It's important to note that the FDD excerpt does not provide the specific dollar amount of the loss on disposition of property and equipment for 2024. Instead, it only states the primary reasons for the loss. A prospective franchisee should review the complete financial statements within the FDD and directly ask Del Taco's management for the exact figures to fully assess the financial implications.