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May 03, 2015 7:20 PM 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 Continues Texas Expansion in 2015

Pollo Tropical furthers its presence in Texas with the opening of its fifth Houston location at 25635 US Highway 59N. Since making its Texas debut in Addison last March, the fast-casual concept has launched more than 15 restaurants statewide, deepening its roots in the home state of its Addison-based parent company, Fiesta Restaurant Group Inc., and its San Antonio-based sister brand, Taco Cabana. The new restaurant will open on May 8, right next door to Taco Cabana's newest location. The new Kingwood restaurant will boast the Caribbean-style design that incorporates bright island colors and details that help guests soak up the feel of a shoreside retreat while enjoying handmade, island-inspired cuisine. The grand opening celebration will be from 9 a.m. to 8 p.m. on May 8, and will include calypso music, prizes, and a robosurfer challenge where contestants will compete for first- and second-place prizes of $500 and $300 to go to their favorite charity. The 3,400-square-foot restaurant will feature indoor and outdoor seating for more than 90 guests, with limited table service and a convenient drive-thru. Guests can receive a coupon for either a buy one, get one free small TropiChop or $3 off a family meal by signing up for the Pollo Reward loyalty program.

Pollo Tropical Continues Texas Expansion in 2015

Pollo Tropical expands its Texas presence with the April opening of its third San Antonio location at 6515 W. Loop 1604 at the corner of Westwood and Loop 1604. Since making its Texas debut in Addison last March, the fast-casual concept has launched more than 15 restaurants statewide, deepening its roots in the home state of its Addison-based parent company, Fiesta Restaurant Group, Inc. and its San Antonio-based sister brand, Taco Cabana. The new San Antonio restaurant will boast the Caribbean-style design featuring bright island colors and details that help guests soak up the feel of a shoreside retreat while they enjoy handmade, island-inspired cuisine. The grand opening celebration will be 9 a.m. to 8 p.m. on April 17, and will include calypso music, prizes, and a robosurfer challenge where contestants will compete for first- and second-place prizes of $500 and $300 for their favorite charity.

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.

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