Today chicken-centric restaurants are becoming a lucrative investment option all over the world.
It’s a nutritionally dense food that tastes wonderful, is also reasonable for the ordinary person, and can be prepared in various ways.
Pollo Tropical franchise may be the appropriate spot to put your money if you’re looking to broaden your portfolio or want a lucrative investment option and get into franchising.
About Pollo Tropical
Pollo Tropical is a business that provides a variety of catering and restaurant products to its customers, including specifically prepared salads, sandwiches, soups, and barbecue services, all of which are cooked using Pollo Tropical’s trademark combination of tropical spices and fruit juices.
Among the many items on the Pollo Tropical franchise’s extensive menu are sauce, yucca, rice, garlic, and beans.
Florida, Georgia, Tennessee, and Texas are among the states where it has locations. It is in addition to its fully licensed restaurant locations on college campuses.
Pollo Tropical Franchise Model
|Investment||$1,500,000 to $5,000,000|
Pollo Tropical History
Larry and Stuart Harris, two Miami brothers, established Pollo Tropical in 1988.
After researching Latin American cookbooks, Larry developed the chicken recipe and conducted trials on his backyard barbeque to perfect the marinade. By 1993, the firm had grown to eight locations and had gone public.
Pollo Tropical was marketed to Carrols Restaurant Group in 1998, which was and still is Burger King’s largest franchisee in the United States.
Fiesta Restaurant Group, Inc., which was bounced from Carrols Restaurant Group in 2012, now owns Pollo Tropical.
The Pollo Tropical and Taco Cabana restaurant chains are owned, operated, and franchised by Fiesta. Since 2017, the company’s headquarters have been in Doral.
- Experience managing a multi-unit restaurant with a significant volume of customers. It could include expertise in the hotel, contract feeding and catering, or other aspects of the hospitality sector. The standard is five years or more. Ownership of the business in question is not essential, although it enhances the candidate’s qualifications.
- Demonstrated success and experience in the development of commercial and retail establishments.
- Good credit and personal/professional references required.
- A corporate infrastructure capable of supporting a large-scale investment and operation.
A mandatory and extensive training program is provided to new franchisees by the Pollo Tropical Franchise.
Existing franchisees are not excluded from this training program.
They receive ongoing training in the form of discussions and refresher courses geared at keeping them updated on current industry trends and happenings.
It intends to assist them in doing better. New franchisees are trained in all elements of the business so that they can run their businesses successfully and with fewer risks of failure.
In terms of support, franchisees have access to a comprehensive support network to assist them in overcoming the franchise’s initial problems.
All Pollo Tropical franchisees are instructed on the protocols to follow to ensure optimum profitability and satisfaction with the support offered.
It accomplishes while following the franchisor’s business model
Periodic meetings, a toll-free number, periodical publications including recent trends in the caterer and restaurant business, and marketing support are just a few services.
Pollo Tropical Comparison
|Company||Pollo Tropical||Panda Express|
|Initial Investment||$1,500,000 to $5,000,000||$377,100 – $1,884,000|
|Annual Revenue||$363.5 Million||$100 Billion|
Frequently Asked Questions
What was the name of the first owner of Pollo Tropical?
LARRY J. HARRIS
Does Pollo Tropical use MSG?
At Pollo Tropical, what is the healthier dish to order?
LITE Grilled Chicken Breast with Vegetables and Balsamic Tomatoes served over Yellow Rice.
Amit Gupta is the founder of DrFranchises. He has a keen interest in investments, and has thus far invested in a few franchises. Franchise businesses are his forte- he knows all there is to know about their space requirements, fees, ROI potential, and business models. This makes him an ideal candidate for anyone looking to invest in a franchise