October 24, 2016 9:30 PM ET

Hotels, Restaurants and Leisure

Company Overview of Pollo Tropical, Inc.

Company Overview

Pollo Tropical, Inc. owns, operates, and franchises a chain of fast-casual restaurants. Its menu includes roast pork, mojo roast pork, wings, wraps/sandwiches, side dishes, and desserts. The company also provides catering services for get-togethers, gatherings, and events; and small office meetings and weddings to outdoor events. 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. It owns and franchises restaurants in Costa Rica, Dominican Republic, Ecuador, Guatemala, Honduras, Panama, Puerto Rico, The Bahamas, Trinidad and Tobago, Venezuela, Aruba, Curaçao, and in...

7300 North Kendall Drive

8th Floor

Miami, FL 33156

United States

Founded in 1988

1,192 Employees





Key Executives for Pollo Tropical, Inc.

Chairman and Chief Executive Officer
Age: 55
President and Director
Age: 64
Director of Finance
Chief Operating Officer and Executive Vice President
Age: 57
Chief Executive Officer of Fiesta Restaurant Group, Inc. and President of Fiesta Restaurant Group, Inc.
Age: 58
Compensation as of Fiscal Year 2016.

Pollo Tropical, Inc. Key Developments

Pollo Tropical Inks Development Agreement to Open Five Locations in Guyana

Fiesta Restaurant Group, Inc.'s Pollo Tropical has inked a development agreement to open five locations in Guyana. Pollo Tropical is slated to open in the fall in the capital city of Georgetown. The deal between Pollo Tropical and RobCar Investments, Inc. was signed in early July.

Pollo Tropical, Inc. Begins Expansion into the Austin Area and Plans Five Local Restaurants by Early 2017

Pollo Tropical has begun its expansion into the Austin area and will have five local restaurants by early 2017. The company's first area restaurant opened in Kyle in May, and its first Austin-proper location opens July 22 on the corner of Riverside Drive and Lamar Boulevard in Central Austin. The new restaurants will feature Pollo Tropical's signature Caribbean-style design that incorporates bright island colors and details to help guests soak up the feel of a shoreside retreat while enjoying handmade, island-inspired cuisine. Kyle: opened May 21 at 20471 S. Interstate Highway 35. Central Austin: opens July 22 at 211 S. Lamar Blvd. Lakeway: opens early 2017 at 620 and Glen Heather Drive. Hyde Park/Mueller: opens early 2017 at Airport and I-35. Cedar Park: opens early 2017 at Highway 183A and E. Whitestone Boulevard. The company has built its loyal following on its famous fresh, never frozen grilled bone-in chicken that is marinated in a proprietary blend of tropical fruit juices and spices then flame grilled to perfection and served quartered or halved. The menu also includes Mojo Roast Pork, Grilled Tropical Wings and made-from-scratch sides like rice, beans, Caribbean corn souffle and balsamic tomatoes, all at a great value. The Tropical Lite menu offers tasty, lighter options that range from 340 to 510 calories and are built around the core Caribbean flavors of the Pollo Tropical menu. The restaurant uses ingredients that have zero added trans fats or hormones. The 3,400-square-foot restaurants will be open from 11 a.m. to 10 p.m. daily, and will feature seating for more than 90 guests, with limited table service and a convenient drive-thru. Kids eat free at Pollo Tropical all day on Tuesdays with the purchase of an adult entree. Pollo Tropical makes family gatherings, parties and even business lunch easy with catering and online ordering.

Pollo Tropical, Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended of September 27, 2015

Pollo Tropical, Inc. reported unaudited earnings results for the third quarter and nine months ended of September 27, 2015. For the quarter, the company reported revenue of $91,908,000 compared to $78,407,000 a year ago. Income before income taxes was $6,567,000 compared to $8,146,000 a year ago. Adjusted EBITDA was $12,120,000 compared to $12,100,000 a year ago. For the nine months, the company reported revenue of $269,524,000 compared to $226,046,000 a year ago. Income before income taxes was $29,065,000 compared to $28,530,000 a year ago. Adjusted EBITDA was $43,993,000 compared to $39,202,000 a year ago.

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