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RISE - Menu Monitor

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El Chico Cafe<br />

Headquarters<br />

12200 Stemmons Freeway Suite 100, Dallas, Texas 75234 USA<br />

Tel: (972)241-5500 Fax: (972)888-8198<br />

www.elchico.com<br />

Ownership: Private<br />

Segment: Full Service Mexican<br />

System Characteristics 2006 2005 2004<br />

U.S. Systemwide Sales ($000) 123,500 160,000 160,000<br />

Company-owned ($000) 83,500 115,000 116,000<br />

Franchised ($000) 40,000 45,000 44,000<br />

U.S. Number of Units 69 79 80<br />

Company-owned 45 55 57<br />

Franchised 24 24 23<br />

International Sales ($000) - - -<br />

International Units - - -<br />

Average Sales/Unit ($000) 1,670 1,650 1,650<br />

Concept Positioning |<br />

El Chico Café operates full-service Tex-Mex style restaurants. The chain, owned by Consolidated Restaurant Operations,<br />

operates 69 units in<br />

Alabama, Arkansas, Florida, Kentucky, Louisiana, Mississippi, Missouri, Oklahoma, South Carolina, Tennessee and Texas, 24<br />

of which are franchised.<br />

Units are largely freestanding and average 5, 800 sq. ft. with seating for 200 guests. Exteriors reflect Mexican architecture and<br />

interiors feature painted stucco walls and a separate bar area. Newer prototypes feature offer an enhanced, prominent bar<br />

area as well as patio dining. Takeout and catering services are available.<br />

El Chico Café is an outgrowth of a Mexican restaurant opened by the Cuellar family in the 1940s. In 1967, seven family-owned<br />

restaurants were merged to form the present company. In September 1997, the company agreed to an acquisition bid by a<br />

Dallas investment firm Cracken, Harkey & Co. for some $50 million plus the refinancing of about $15 million in existing debt.<br />

The deal closed the end of 1997. Cracken, Harkey investors include E. Gene Street, founder of Black-eyed Pea, and Clyde E.<br />

Culp III, former president and CEO of Long John Silver’s. The corporate entity is now known as Consolidated Restaurant<br />

Operations, Inc (CRO). CRO also operates a group of restaurants including Casa Rosa, Lucky’s Cafe, Cantina Laredo, Good<br />

Eats, III Forks, Spaghetti Warehouse, and Cool River.<br />

©Technomic Information Services 2007, CIS profiles may not be copied or distributed in any print or electronic format without a license or written consent.<br />

Technomic believes that its sources of information are reliable, but does not assume any responsibility or liability for the accuracy of the information<br />

published.<br />

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