Rodney Anderson and his father, Thomas, founded Panchero’s in 1992 with two units in Midwestern college towns. They later went on to expand to the suburbs. Their signature offering—fresh, made-to-order tortillas—are the foundation for the concept’s burritos, quesadillas and tacos. Panchero’s units have no freezers, microwaves or fryers on the premises. Plans are in the works to open 10 more Panchero’s within the next year.

LocationCoralville, Iowa
2008 Systemwide Sales$46,000,000*
% Change in Sales19.5%
2008 U.S. Units55
% Change in Units10.0%
2008 Average Unit Volume$875,000*
% Change in AUV6.1%
Future 50 Year2009