As of Oct 1, 2017, the company operated 168 Taco Cabana restaurants (167 in Texas, 1 in Oklahoma) and 149 Pollo Tropical restaurants (136 in Florida, 13 in Georgia), as well as franchising 32 Pollo Tropical restaurants and 7 Taco Cabana restaurants.
In fiscal 2016, the company opened 32 Pollo Tropical and 4 Taco Cabana restaurants, while closing 10 Pollo Tropical restaurants. During the first nine months of fiscal 2017, the company closed 31 net Pollo Tropical restaurants and opened 2 Taco Cabana restaurants, systemwide. In fiscal 2017, the company expects to open 12 new Pollo Tropical restaurants in Florida and 10 new Taco Cabana restaurants in Texas.
At year-end, the company owned 20 locations and leased 323 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||8.2%||8.2%||8.9%||9.0%||6.4%||0.8%|
|Franchised restaurant growth||-4.9%||2.4%||-6.8%||-4.3%||7.0%||19.4%|
|Systemwide restaurant growth||-7.8%||7.5%||6.9%||7.0%||6.5%||3.2%|
|Avg restaurant gross sq ft||3,100||3,100||3,100||3,100||3,100||3,100|
|Avg restaurant gross sq ft growth||-0.2%||0.4%||0.1%||0.4%||0.2%||0.1%|