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March 27, 2015 10:18 AM ET

Hotels, Restaurants and Leisure

Company Overview of Pollo Tropical, Inc.

Company Overview

Pollo Tropical, Inc. owns, operates, and franchises a family of fast-casual restaurants. The company offers platters, sandwiches and wraps, TropiChops, family meals, salads and soups, kids’ meals, tropical favorites, side dishes, desserts, and signature sauces. It also offers catering services for get-togethers, gatherings, and events ranging from small office meetings to weddings to outdoor events. In addition, the company offers an online ordering service for customers. Pollo Tropical, Inc. was formerly known as TropiGrill and changed its name to Pollo Tropical, Inc. in October 2004. The company was founded in 1988 and is based in Miami, Florida with owned restaurants in Florida, Georgia, ...

7300 North Kendall Drive

8th Floor

Miami, FL 33156

United States

Founded in 1988

1,192 Employees

Phone:

305-670-7696

Fax:

305-670-6403

Key Executives for Pollo Tropical, Inc.

Chairman and Chief Executive Officer
Age: 53
President and Director
Age: 62
Vice President of Finance
Interim Chief Operating Officer and Executive Vice President
Age: 55
Chief Executive Officer of Fiesta Restaurant Group, Inc. and President of Fiesta Restaurant Group, Inc.
Age: 56
Compensation as of Fiscal Year 2014.

Pollo Tropical, Inc. Key Developments

Pollo Tropical, Inc. Announces Earnings Results for Fourth Quarter and Full Year Ended December 28, 2014

Pollo Tropical, Inc. announced earnings results for fourth quarter and full year ended December 28, 2014. For the quarter, the company reported revenues of $81.430 million compared to $65.950 million a year ago. Income before income taxes were $9.531 million compared to $6.966 million a year ago. Adjusted EBITDA was $13.519 million compared to $11.251 million a year ago. For the year, the company reported revenues of $307.476 million compared to $259.702 million a year ago. Income before income taxes were $38.061 million compared to $26.049 million a year ago. Adjusted EBITDA was $52.721 million compared to $43.738 million a year ago.

Pollo Tropical Opening of its First Forth Worth Location at 2601 North Tarrant Parkway

Pollo Tropical opening of its first Forth Worth location. The restaurant is the ninth Pollo Tropical in Texas and is located at 2601 North Tarrant Parkway. The company plans to open six more DFW locations in 2015, including Allen and Lewisville. The 3,400-square-foot restaurant will feature a design influenced by tropical blues and greens, island-inspired lighting and plants, indoor and outdoor seating for 90+ with limited table service, and a convenient drive-thru.

Pollo Tropical Continues Texas Expansion with the Opening of First Denton Location

Pollo Tropical announced it continues its Texas expansion with the opening of its first Denton location this October 2014. The restaurant is the fourth Pollo Tropical in the DFW area and is located at 2220 South Loop 288. In March 2014, Pollo Tropical opened its first DFW-area restaurant in Addison to rave reviews. It plans to open three more in Texas by the end of 2014, including in Fort Worth and Allen. The Denton location will be ideally situated in the bustling University of North Texas community that offers a wide variety of dining options -- though none like Pollo Tropical.

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