History
In 1992, Anderson, fresh out of business school from the University of Chicago opened the first Panchero's with capital made from the stock market. The first store was opened in Iowa City, next to the University of Iowa campus. His next 10 locations were similar in that they were all in midwestern college towns. It wasn't until 1998 that Panchero's was revamped to include the addition of a dough press, and an updated decor. In 2003 its first non-corporate store opened.
Read more about this topic: Panchero's Mexican Grill
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—Eric Hoffer (1902–1983)