FranchiseVerdict
POLLO CAMPERO logo
FV-01999·STRONGExcellent91

Pollo Campero

Food & Beverage - Full ServiceFranchising since 2003Website
Investment
$1.5M – $3.8M
93rd pct Full Service
Avg revenue
$3.2M
54th pct Full Service
Royalty
5.0%
15th pct Full Service
Units
92
82nd pct Full Service
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $1.5M – $3.8M including a $40K franchise fee, 5.0% ongoing royalty.
  • Average unit revenue of $3.2M/year (median $3.0M).
  • Rated STRONG with a risk score of 52/100. SBA loan default rate of 0.0% across 2 loans (below the industry average).
  • Auditor disclosed a going-concern note — flagged doubt about the franchisor's ability to continue operations. Verify against the latest FDD.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Campero USA Corp.
Parent company
Campero, Inc.
Incorporated in
Florida
HQ
12404 Park Central Drive, Suite 250N, Dallas, Texas 75251
Auditor
BDO USA, P.C.
Audited financials
Franchisor revenue
$149.2M
vs $186.8M prior year
⚠ Going-concern note
Disclosed in FDD 2024
Status as of 2024; may have been resolved in a later filing we don't yet have.

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one POLLO CAMPERO unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $3,229,155
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $1.5M–$3.8M
Working capital
$
FDD reports $36K–$50K

Unlevered ROIC · per unit

21%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$549K
EBITDA margin
17.0%
Total invested
$2.6M
Payback
58 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 POLLO CAMPERO units return on equity?

Edit assumptions

Equity IRR · 5-yr

25.3%

3.09× MOIC

Year-1 DSCR

3.31×

EBITDA ÷ debt service

Equity required

$17.6M

on $32.3M purchase

Total debt

$14.7M

SBA $5.0M + senior + seller note

SBA 7(a) request ($16.1M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Pollo Campero franchisees operate full-service quick-casual chicken restaurants, managing daily kitchen operations, food prep, customer service, and staff scheduling. They execute the brand's Latin-inspired rotisserie chicken concept, maintain health/safety standards, and drive local marketing to meet weekly sales targets that determine their 5% royalty obligations.

CEO
Jose Gregorio Baquero
Founded
2003
FDD year
2024
States available
18

Item 7 · what it costs

The Vitals

Total investment
$1.5M – $3.8M
All-in to open one unit
Liquid capital
$36K – $50K
Cash you must have on hand
Franchise fee
$40K
Royalty
5.0%
Gross Sales · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
6.0%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$3.2M
Per unit, per year
Median gross sales
$3.0M
Item 19 type
Gross Sales
Sample size
80 units
vs category median 15 · large
Range (low → high)
$1.2M$8.7M
Cohort dispersion
Transparency
4 / 5
vs category median 4 / 5 · typical
Revenue rank54th
vs Food & Beverage - Full Service peers
Investment cost rank93th
Lower investment ranks lower (better)
Royalty rate rank15th
Lower royalty = lower percentile (better)
Unit count rank82th
vs Food & Beverage - Full Service peers
Risk score rank18th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
92
Opened
11
Last reporting year
Closed
3
Turnover rate
3.3%
Company-owned
77
Corporate units in the system
% franchised
16%
vs corporate-owned
Multi-unit owners
10.0%
Net growth (yr3)
+36.4%
Net unit change last year
3-yr CAGR
-11.8%
Compounded over last 3 years
2022
15+7
Franchised units
2023
11
Franchised units
2024
17
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 12 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 12 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
2
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

52
Risk · 0-100
STRONG52 / 100

Aggressive growth trajectory with undisclosed profitability metrics and high capital requirements present meaningful risk despite strong top-line revenue.

Score breakdown · what drove the 52 / 100 rating

  1. 01MEDNet income not disclosed in FDD Item 19 — cannot validate actual profitability despite $3.2M average revenue
  2. 02MINORHigh unit growth rate (36.4% YoY) may indicate aggressive expansion with unproven unit economics
  3. 03MINORWide investment range ($1.45M–$3.75M) suggests high variability in startup costs and potential hidden expenses
  4. 04MINOR5% royalty on gross sales (not net) creates fixed cost burden regardless of profitability
  5. 05MINORNo disclosure of franchisee failure rate, break-even timeline, or payback period

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Area of Protection (Radius)
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
0
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Florida

Item 11

Training & Operations

Classroom training
74 hrs
On-the-job training
406 hrs
POS system
NCR Aloha®
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

24 numbers

Locked
(972) 770-••••
The franchisor is Campero USA Corp., located at
TX
(415) 972-••••
One Sansome Street, Suite
CA
(518) 473-••••
NY

One-time purchase · CSV download · Validation questions included

FDD download

POLLO CAMPERO · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above