| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
26 |
| Employees |
10,100 |
| Revenues (TTM) (Millions $) |
403 |
| Net Income (TTM) (Millions $) |
-5 |
| Cash Flow (TTM) (Millions $) |
-5 |
| Capital Exp. (TTM) (Millions $) |
39 |
Business Description
Fiesta Restaurant Group Inc is a leading fast-casual restaurant company that operates two globally recognized brands, Pollo Tropical and Taco Cabana. The company was established in 2012 and is headquartered in Dallas, Texas.
Pollo Tropical was founded in 1988 and is known for its marinated and grilled chicken dishes. This restaurant brand's menu is inspired by the flavors of the Caribbean islands, particularly the Caribbean and Latin America. Pollo Tropical initially started its operations in Miami, Florida, but later expanded to other locations in the southeast, including Georgia, Texas, and Tennessee. The menu of Pollo Tropical features chicken dishes, including grilled chicken, pulled chicken, and chicken wraps. A popular side item is the tropical rice, which is rice mixed with beans, corn, and tomatoes. Pollo Tropical is particularly known for its grilled citrus chicken.
Taco Cabana was founded in 1978 and is a fast-casual Mexican restaurant chain. The brand's dishes are inspired by traditional Mexican cuisine, including tacos, burritos, and fajitas. The restaurant focuses on fresh ingredients and serves dishes made from salsas, guacamole, and hand-rolled tortillas. Taco Cabana is based in San Antonio, Texas, but has locations in Georgia, Oklahoma, and New Mexico. The Taco Cabana dishes include grilled fajitas, brisket tacos, shrimp tacos, and margaritas.
Fiesta Restaurant Group operates more than 323 locations across 14 states, with the majority in Texas, Tennessee, Georgia, and Alabama. The company's revenue was $616.5 million in 2020. Fiesta Restaurant Group's business strategy includes expansion through franchising and company-owned restaurants.
In response to the COVID-19 pandemic, Fiesta Restaurant Group has implemented safety measures, such as increased cleaning and sanitization, contactless payment options, and social distancing protocols. Additionally, the company has implemented digital ordering and delivery services to cater to the customers' changing preferences in the pandemic era.
In conclusion, Fiesta Restaurant Group Inc is a leading fast-casual restaurant company that operates two popular brands, Pollo Tropical and Taco Cabana. The company's menu is inspired by Caribbean and Mexican cuisine, and it has locations across 14 states in the United States. The company is committed to safety and has implemented measures to ensure customers' safety during the pandemic era. The company's strategy for further growth is a mix of franchising and company-owned restaurants.
Company Address: 14800 Landmark Boulevard, Suite 500 Dallas 75254 TX
Company Phone Number: 702-9300 Stock Exchange / Ticker: NASDAQ FRGI
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