The filing does not yet specify how many shares the chain will offer up, or at what price. Nor does it offer a date when the filing will take place.
El Pollo Loco was sold in September by American Securities LP to Trimaran Capital Partners. At the time, the chain--which had mostly run restaurants on the West Coast and Southwest--was expanding East, opening its first Chicago store in October. As noted in the company's SEC filing, it plans to open 52 restaurants in existing markets by 2009, as well as 44 in Illinois, New York, the six New England states, Colorado and Washington during the same time period.
In 2005, the company posted a same-store sales gain of 8.2% year over year on revenues of $237 million. Same-store sales have risen 5.4% since 2000.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
