These Chefs Just Raised $100,000 to Make Cheap, Healthy Fast Food A food truck legend and fine-dining restauranteur are trying to build a healthy restaurant that will truly compete with the fast-food biggies in terms of price and customers.

By Kate Taylor

Opinions expressed by Entrepreneur contributors are their own.

Loco'l | Indiegogo

These chefs are trying to do the impossible: make fast-food that's as cheap as McDonald's, but healthy, fresh and delicious.

This week, food truck legend Roy Choi and fine dining restauranteur Daniel Patterson hit their $100,000 goal on Indiegogo for "revolutionary fast food" concept, Loco'l. The chefs aim to go beyond the fast-casual and fine-casual efforts of chains like Shake Shack or Chipotle and invent a restaurant that will truly compete with chains like McDonald's in terms of price and customers.

"We fundamentally believe that wholesomeness, deliciousness and affordability don't have to be mutually exclusive concepts in fast food," reads Loco'l's Indiegogo page. "We believe that the giant corporate force that feeds most of America has degraded from decades of suits maximizing profits."

Related: Why the Starbucks 'Race Together' Campaign Is Bad for Business

In keeping with the determination to go head-to-head with existing fast-food chains, the chefs want to open locations serving communities flooded with chains but lacking in high-quality food. The first two locations are planned to open in Watts neighborhood in Los Angeles and the Tenderloin neighborhood in San Francisco in late summer or early fall.

Earlier in March, in a Reddit "Ask Me Anything," Choi wrote, "we don't plan to crush [existing fast-food chains] either, that would be naive. [W]e hope to cook good enough food and make sound ethical decisions to help shape theirs in the future."

Related: Chick-fil-A Is Finally Coming to New York City This Summer

If anyone can force McDonald's to change its tactics, Choi and Patterson can. Choi helped inspire the recent food truck crave, bringing affordable Korean tacos on the go to Los Angeles with Kogi BBQ in 2008. Today, he runs a small empire of restaurants including Chego!, A-Frame, Sunny Spot and POT. In 2013, at MAD Symposium in Copenhagen, Choi gave a talk encouraging chefs to use their skills to feed poor and underserved communities, not only those who could afford meals at five star restaurants.

Patterson teamed up with Choi to do just that in 2014, with the pair announcing their concept for Loco'l at the 2014 MAD Symposium. Patterson is best known for founding Coi, an upscale San Francisco restaurant with two Michelin stars.

Of course, serving up high-quality inexpensive food is easier said than done. Choi says that the early dream of a 99 cent burger now seems unfeasible, but has promised that the menu will contain a full 99 cent category, with all food in the $2 to $6 range.

To churn out high-quality foods at low prices, Choi and Patterson have been experimenting with different methods and unconventional ingredients. Check out the video below to see the pair in action, testing recipes for Loco'l.

Related: Why Shake Shack's Danny Meyer Says the iPhone Helped End the Fast-Food Era

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at Entrepreneur. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'How Much Money Do You Need?' Dave Portnoy and a One Bite Review Saved a Baltimore Pizza Shop

Dave Portnoy's donation of $60,000 turned the final days of the TinyBrickOven restaurant into a brand new chapter.

Business News

'High Error Rates': ChatGPT Is Down, Tens of Thousands of Users Affected in Mass Outage. Here's What We Know.

OpenAI has identified the issue, and they are "currently monitoring," the company said.

Innovation

Why Most Corporate Innovation Programs Fail — and How to Fix Them

In this article, I explain why corporate employees don't act like intrapreneurs and share eight ways to unlock their potential.