How many Del Taco franchise restaurants did the Company acquire during the first quarter of 2024?

According to Del Taco's 2025 Franchise Disclosure Document, during the first quarter of 2024, the company acquired 9 Del Taco franchise restaurants as part of two separate transactions. The total cost of these acquisitions was $0.1 million, and Del Taco recognized gains of $2.4 million from these transactions. These gains are recorded in "Other operating expenses, net" within the condensed consolidated statements of earnings. The FDD also notes that the company did not acquire any Jack in the Box or Del Taco franchise restaurants in the first quarter of 2025.

This information is relevant for prospective franchisees as it provides insight into Del Taco's strategy regarding franchise acquisitions. Franchisees may be interested in understanding why Del Taco chooses to acquire existing franchise locations and how these acquisitions impact the overall financial performance of the company. The gains recognized from these acquisitions suggest that Del Taco may be strategically consolidating or optimizing its franchise network.

It's important to note that the financial details provided are specific to the first quarter of 2024 and may not be representative of other periods. Additionally, the FDD mentions that further information can be found in Note 8, Other Operating Expenses, Net, in the notes to the condensed consolidated financial statement, which could provide additional context and details about these transactions.