News

Rubio's announces new franchise agreement

January 19, 2006

CARLSBAD, Calif. — Rubio's Restaurants announced the signing of a new franchise agreement and its 2006 development plans.

Rubio's and Food Courts of Nevada (FCON) have agreed to a five-year, five-restaurant development agreement in Las Vegas. FCON specializes in casino food courts and currently operates as a franchisee of Subway, Wienerschnitzel, Noble Roman's Pizza, Dreyer's Ice Cream, Starbucks and Manchu Wok. FCON has a signed lease with Station's Red Rock Casino Resort and Spa and expects to open their first Rubio's in April. Rubio's has four other franchised non-casino locations in the Las Vegas market.

According to a company news release, the company estimates opening 10 to 12 restaurants this year. One restaurant in Downey, Calif., opened earlier this month.

"While the company's focus will continue to be primarily on company-owned stores, we are delighted that a franchisee of FCON's caliber, experience and proven success has chosen Rubio's to partner with," said Ralph Rubio, Rubio's chief executive officer.