This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Pollo Tropical® Opened Its 100th Company-Owned Location, Sets Sights On Continued Growth

Stocks in this article: FRGI

Pollo Tropical® – the unique, Miami-based fast-casual restaurant chain famous for its flame-grilled chicken and other fresh Caribbean favorites, has opened its 100 th company-owned location in Atlanta, Georgia today and is set on a path of expansion in Florida, Georgia, Tennessee and Texas.

According to Tim Taft, Chief Executive Officer of Fiesta Restaurant Group, Inc., the parent company of Pollo Tropical, the brand possesses all of the right ingredients for growth in new and existing markets.

“Pollo Tropical is one of the most admired restaurant concepts in the industry, and one of the most desired in the marketplace,” said Mr. Taft. “As we open our 100 th company-owned location, the further expansion of the Pollo Tropical brand is just as much about making its unique concept more accessible in new markets as it is about making it more convenient in existing markets.”

Pollo Tropical opened its first restaurant in Miami, appealing to the varied cultures of the South Florida community. The brand has evolved and broadened its offerings from its signature marinated flame-grilled chicken to include grilled shrimp and ribs, roast pork, unique and fresh side dishes, and convenient handheld wraps and sandwiches. Pollo Tropical refined its concept and elevated its approach to be poised for a more general market expansion, and it has quickly been embraced and celebrated in its new trade areas.

According to Pollo Tropical Chief Operating Officer Danny Meisenheimer, the success and growth of Pollo Tropical in recent years has been among the best in the restaurant industry. While other brands were just surviving tough economic times, Pollo Tropical was thriving.

“The success of Pollo Tropical is attributable to its unique menu variety, passionate operating culture and an unparalleled price value that is regarded as the benchmark among today’s fast-casual restaurant concepts,” said Meisenheimer.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,399.67 +19.26 0.12%
S&P 500 1,904.01 +17.25 0.91%
NASDAQ 4,316.0740 +57.6360 1.35%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs