Baja Fresh

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Baja Fresh - overview

Established

1990

Location

Irvine, CA, US

Primary Industry

Travel & Leisure

About

Baja Fresh is a fast-casual dining chain specializing in freshly prepared Mexican cuisine. They focus on quality ingredients and offer a customizable dining experience to cater to diverse customer preferences. Baja Fresh operates as a fast-casual Mexican restaurant chain, founded in 1990. The company was sold to Wendy's International Inc.


by Catterton Partners in June 2002 for USD 275 mn. The founders, Ali Norouzi and Michael Stewart, established the brand to provide accessible and high-quality Mexican food. The headquarters is located in Irvine, California, US. Baja Fresh Mexican Grill specializes in offering a diverse range of freshly prepared Mexican cuisine that focuses on quality ingredients and bold flavors.


Their core product offerings include burritos, tacos, bowls, and a variety of catering options designed for both small and large gatherings. Baja Fresh emphasizes a customizable dining experience, allowing customers to build their own tacos and fajitas, as well as providing party packs for events. This approach caters primarily to families, event planners, and individuals seeking convenient meal solutions. Baja Fresh operates in various geographical markets across the United States, ensuring accessibility to a broad customer base looking for high-quality, fast-casual Mexican dining experiences.


Baja Fresh generates revenue primarily through direct-to-consumer sales at its restaurant locations, as well as through catering services. Customers can order individual menu items or catering packages for events, with transactions typically occurring in-person or via the Baja Fresh app for pickup and delivery. The app also facilitates customer engagement by allowing users to track loyalty rewards and view promotional offers. While specific pricing details are not disclosed, the menu features a range of products, including popular items such as the Smokey Chipotle Chicken Taco Combo and burrito party packs, which are designed to appeal to a wide audience.


This transactional structure positions Baja Fresh effectively within the fast-casual dining sector, catering to the needs of both everyday consumers and larger scale event planners. Following the acquisition by Wendy's International Inc. in June 2002, Baja Fresh aims to leverage its established brand to introduce new product offerings and enhance customer engagement. Plans include expanding into new markets to increase accessibility, with specific geographic regions targeted for growth based on consumer demand analysis.


Recent funding from the Trade Sale in June 2002 for USD 275 mn will be utilized to support these initiatives, ensuring that Baja Fresh can meet the evolving preferences and needs of its customer base.


Primary Industry

Travel & Leisure

Sub Industries

Hospitality Services, Restaurants & Nightlife

Website

www.bajafresh.com

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Baja Fresh - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Trade SaleCompletedBaja Fresh-
Trade SaleCompletedBaja Fresh-
RecapitalisationCompletedBaja Fresh-
BuyoutCompletedBaja Fresh-

Displaying 1 - 4 of 4

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.