Torchy’s Tacos is a fast-growing, Austin-based fast-casual taco chain known for its creative menu, bold branding, and commitment to “Damn Good” food. Founded in 2006 by Mike Rypka, the company remains privately held and is backed by institutional investors including D1 Capital Partners and General Atlantic. As of 2024, Torchy’s operates over 110 locations across 14 states, with a strong concentration in Texas and active expansion into key southeastern and southwestern markets. The brand has publicly targeted growth toward 160 units and beyond, leveraging significant capital to support nationwide expansion. Typical store footprints range from 3,600 to 4,400 square feet, often accompanied by 500 to 1,500 square feet of covered patio seating. Units are either freestanding or located in shopping center endcaps, with 40+ parking spaces and zoning that allows for a full bar—an important element of the Torchy’s experience. . Torchy’s strategically targets high-visibility sites in lifestyle centers, strong suburban corridors, and mixed-use developments with a dense daytime population. Preferred co-tenants include premium grocery anchors like H-E-B and Sprouts, and national fast-casual brands such as Shake Shack, Starbucks, Wendy’s, and AT&T. The brand performs well near entertainment, university, and medical hubs, with average unit volumes approaching $4 million annually.