NEW YORK -- TW Services Inc. said Tuesday it will expand its El Pollo Loco Inc. char-broiled chicken restaurants to Japan through a venture with Mitsui & Co., Japan's largest trading company.
TW Services, a contract food, vending services and restraunt company, said the agreement calls for the opening of 484 El Pollo Loco restaurants in Japan during the next 11 years.
El Pollo Loco, which operates 80 restaurants in Southern California, is a subsidiary of Denny's Inc., which was acquired by TW Services earlier this year.
The agreement calls for Mitsui to own a 42 percent stake in EPL Japan Inc., the company formed for the expansion. El Pollo Loco will control 15 percent of the company.
The first restaurant under the agreement is expected to open in Tokyo in June 1988.
El Pollo Loco was founded in Mexico 12 years ago and expanded into Los Angeles in 1983 when its U.S. operations were acquired by Denny's Inc. of La Mirada, Calif.
TW Services, which acquired Denny's in September, also said it plans to expand El Pollo Loco restaurants to Australia, Canada, Guam and New Zealand within the next two years.