Regents Bank Helps Prominent Restauranteurs Grow Their Business

El Pollo Loco AR photo

Everyone knows that El Pollo Locoscreen-shot-2016-09-13-at-11-07-51-am restaurants serve great chicken, but did you know that it takes a whole lot more than good food to make a restaurant successful? Restaurateurs or anyone thinking about starting a restaurant must have business advisors who can help navigate all aspects of the business, including finance, real estate and much more.

One of Regents Bank’s many esteemed clients, Pack-Huynh, LLC, is a successful, multi-unit franchising company that owns and operates nine El Pollo Loco restaurants in the greater Phoenix area, as well as four El Pollo Loco restaurants located between San Diego and Los Angeles counties. The company was founded in 2011 by co-owners Maurice Pack and Phong Huynh. Each partner brings extensive expertise in franchising, experience with multiple restaurant brands and a strong track record of successful franchise management to the business.

Maurice Pack has been involved in the food industry since 1961 when he became a co-owner of a supermarket in North Hollywood. In 1969 he sold the market and purchased a Pioneer Chicken franchise. (Anyone remember those sumptuous candy orange slices you used to get from Pioneer Chicken?) In the next 11 years he acquired an additional eight Pioneer Chicken restaurants that were sold in the early 1980’s.

An orphan taken in at the age of five by a Catholic Church in Minnesota from war-torn Vietnam, Phong Huynh lived on the streets as a teenager and soon found work at El Pollo Loco, holding entry positions until he worked his way up to manager and then operational specialist. Over the years, he continued to climb the ranks of the company, becoming operations director. From there, he partnered with Maurice to purchase El Pollo Loco restaurants of their own in Southern California and Arizona.

Even with their impressive backgrounds, the partners needed some additional counsel to help build their company.

When Maurice first began working with Regents Bank Executive Vice President and Regional Manager Jon Michael Caffall 15 years ago, he owned and operated one of the largest franchises of El Pollo Loco restaurants in San Diego County. At that time, Maurice initiated the loan application process with rival banks to finance construction of his San Marcos, California. restaurant. Jon Michael and his team won Maurice’s business by providing better ideas and solutions than the competition.

Maurice asked Jon Michael for consultative advice on a wide range of business matters, many of which exceed the bounds of a typical banking relationship. Regents Bank has helped him structure business acquisition financing, solve real estate ownership challenges and provided numerous permanent business real estate loans and construction financing over the years. Maurice and Phong have grown Pack-Huynh’s El Pollo Loco business into one of the top franchises in the country, in part by seeking the advice of professionals like Jon Michael.

Regents Bank is privileged to work with many business owners like Maurice and Phong who appreciate the value of consultative banking. While El Pollo Loco means “crazy chicken,” Maurice and Phong are as savvy as they come!

screen-shot-2016-09-28-at-7-28-21-pm_______________________________________________________________________________________________________________

screen-shot-2016-09-13-at-11-07-51-am Linking to Non-Regents Bank Websites

This icon appears next to every link that directs to a third party website not affiliated with Regents Bank. Please be advised that if you click this link you will be taken to a website hosted by another party, where you will no longer be subject to, or under the protection of, the privacy and security policies of Regents Bank. We recommend that you review and evaluate the privacy and security policies of the site that you are entering. Regents Bank assumes no liability for the content, information, security, policies or transactions provided by these other sites.

fbtwitterLinkedIngp

Posted on October 7, 2015, in Clients and tagged , , , , . Bookmark the permalink. Leave a comment.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: