ADDISON, Texas, July 26, 2016 /PRNewswire/ -- Fiesta Restaurant Group, Inc.'s (Nasdaq: FRGI) Pollo Tropical, the growing, fast casual restaurant known for its citrus-marinated, flame-grilled chicken and made-from-scratch sides like rice and black beans, has inked a development agreement to open five locations in Guyana. The South American nation's first Pollo Tropical is slated to open in the fall in the capital city of Georgetown.
The deal between Pollo Tropical and Guyana-based RobCar Investments, Inc., led by Terrence Campbell, was signed in early July. Campbell currently operates 15 restaurants, including Church's Chicken, Dairy Queen, Quiznos and Mario's Pizza. He has also operated multiple FedEx locations in Guyana and Suriname for the past 22 years.
"Terrence is an extremely experienced and successful multi-unit, multi-brand operator in Guyana, and he is an ideal partner for our expansion into Georgetown," said Pollo Tropical COO Danny Meisenheimer. "We've been seeing a lot of interest in Pollo Tropical in the Caribbean and Latin America, and we hope to open multiple new international locations by 2020."
Pollo Tropical currently has 35 franchised locations throughout the Caribbean, Central and South America, and Puerto Rico. The company currently has six licensed locations in the U.S. and has plans to grow its domestic franchise program as well, with the goal of eight U.S. franchised locations by 2020.
For more information on Pollo Tropical's franchise program, go to http://pollotropical.com/franchising/.
About Pollo Tropical
Pollo Tropical, a subsidiary of Fiesta Restaurant Group, Inc., is a Caribbean-inspired fast casual concept known for its fresh, flame-grilled chicken marinated in a proprietary blend of tropical fruit juices and spices. Other craveable island favorites include Mojo Roast Pork and made-from-scratch sides including rice, beans, yuca with garlic sauce, sweet plantains and more. Menu items like the Tropical Citrus Chicken Salad, Guava BBQ Pork Sandwich and Create Your Own TropiChops® can be customized with 10 zesty tropical signature sauces on Pollo Tropical's famous Saucing Island®. Founded in 1988, the Miami-based company currently owns and operates more than 160 locations in Florida, Georgia, Tennessee and Texas, plus six licensed restaurants on college campuses and 35 franchised locations throughout the Caribbean, Central America, South America and Puerto Rico. For more information, visit Pollo Tropical's website at www.pollotropical.com.
About Fiesta Restaurant Group, Inc.
Fiesta Restaurant Group, Inc., owns, operates and franchises Pollo Tropical and Taco Cabana® restaurant brands. The brands specialize in the operation of fast casual, ethnic restaurants that offer distinct and unique flavors with broad appeal at a compelling value. The brands feature made-from-scratch cooking, fresh salsa bars, drive-thru service and catering. For more information about Fiesta Restaurant Group, Inc., visit the corporate website at www.frgi.com.
SOURCE Pollo Tropical