As of Dec 31, 2017, the company operated 166 Taco Cabana restaurants (all in Texas) and 146 Pollo Tropical restaurants (137 in Florida, 9 in Georgia), as well as franchising 31 Pollo Tropical restaurants and 7 Taco Cabana restaurants.
In fiscal 2017, the company opened 9 Pollo Tropical and 6 Taco Cabana restaurants, while closing 40 Pollo Tropical and 6 Taco Cabana restaurants. In fiscal 2018, the company expects to open 9 new Pollo Tropical restaurants in Florida and 7 new Taco Cabana restaurants in Texas including 5 closed Pollo Tropical restaurants that will be converted to Taco Cabana restaurants
At year-end, the company owned 16 locations and leased 296 locations. Leases generally have initial terms of 10 to 20 years, and typically provides for renewal options in five year increments as well as for rent escalations. Including renewal options, the company typically enters into leases ranging from 35 to 45 years.
Excluding 12 restaurants located in in-line or storefront locations, all restaurants are freestanding. Pollo Tropical restaurants range from 2,800 to 3,700 square feet and provides interior seating for approximately 70-90 guests. Taco Cabana restaurants average approximately 3,500 square feet (exclusive of the exterior dining area) and provide seating for approximately 80 guests, with additional outside patio seating for approximately 50 guests.
|Company-operated restaurant growth||-9.0%||-9.0%||8.2%||8.9%||9.0%||6.4%|
|Franchised restaurant growth||-9.5%||-9.5%||2.4%||-6.8%||-4.3%||7.0%|
|Systemwide restaurant growth||-9.1%||-9.1%||7.5%||6.9%||7.0%||6.5%|
|Avg restaurant gross sq ft||3,100||3,100||3,100||3,100||3,100||3,100|
|Avg restaurant gross sq ft growth||-0.3%||-0.3%||0.4%||0.1%||0.4%||0.2%|