Council also voted for a measure to move forward with plans by Ultimate Shine car wash to build on adjoining property at 1360 E. Dayton Yellow Springs.
Construction is expected to start on both sites once all approvals are in place, according to the city.
The El Toro proposal calls for an 8,290 square-foot building with more than 1,400 square feet of outdoor patio space on about 1.7 acres, city records show.
The restaurant would have about 35 full- and part-time jobs, include more than 70 parking spaces and operate from 11 a.m. to 10 p.m. seven days a week, according to Fairborn records.
El Toro has several locations in Dayton and surrounding communities, including Beavercreek, Centerville, Englewood, Huber Heights, Kettering, Miami Twp. near the Dayton Mall and Springboro.
The Fairborn land, which is vacant, is owned by Kronos Legacy LLC, which bought it in 2019 for $550,000, according to Greene County property records.
It is part of 3.36 acres at the southwest corner of Trebein Road that El Toro and Ultimate Shine want to buy, Fairborn records show.
Ultimate Shine is a business with 17 sites in Tennessee, Virginia and West Virginia, according to its website. It lists no Ohio locations.
Its plans call for a 4,000-square-foot structure targeted to open on about 1.7 acres next spring, according to Fairborn records.
Council approved preliminary planned unit developments and final plats for both proposals, which the city’s planning board voted 6-0 to favor Sept. 13.