Industry News | June 7, 2012

Pollo Tropical Opens First Restaurant in Panama

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Pollo Tropical announced today that the first of five new restaurants planned with franchisee El Machetazo in Panama has opened. This new restaurant is located in the popular Albrook Mall in Panama City, Panama’s largest shopping center. 

El Machetazo, a family-owned company founded more than 40 years ago by the late Juan Ramón Poll Cabrera, is considered one of the most important retail companies in Panama today. Among its holdings are 12 hypermarkets of the same name that operate throughout Panama and employ more than 3,000. The company also owns and operates 12 Café Caney coffee/pastry shops located inside the markets.

“Panama is an established banking, shipping, and tourism-based economy that has seen phenomenal growth in recent years,” says Marc Mushkin, senior vice president of international development for Pollo Tropical.

“It also shares strong cultural and business connections with Pollo Tropical’s hometown of Miami. We are proud to be represented by the Machetazo Group in Panama because of both their strength as a nationwide retailer with extensive landholdings and established infrastructure.”

The new Pollo Tropical is located immediately outside the Elefante entrance of the Mall, adjacent to other popular restaurants. It seats 60 guests and serves the brand’s famous flame-grilled marinated chicken, roast pork, guava barbecue ribs, and made-from-scratch side dishes. 

El Machetazo has two additional freestanding Pollo Tropical units under construction in the Panama City area. The first will open at the Versalles development and the second will be located at the Brisas del Golf Shopping Center, located in Panama City’s trendy east side. Additionally, El Machetazo has an in-line Pollo Tropical model in development in the famous Panama City Multi-Plaza shopping center.