| Trade name | Portillo's |
| Headquarters | Oak Brook, Illinois, United States |
| Number of locations | 67 |
| Key people | Michael Osanloo, CEO |
| Products | Hot dogs Maxwell Street Polish Italian b ... |
How many Portillo's restaurants are there?
As of 2019, Portillo's consists of 60 restaurants, predominately in the Midwest, with locations in Illinois, Indiana, Iowa, Minnesota, and Wisconsin and outside the Midwest in Arizona, California, and Florida.
Where is Portillo's located in California?
Portillo's first California location opened on October 11, 2005, at the Buena Park Downtown shopping center in Buena Park.
Is there a Portillo's in Japan?
Portillo's had licensed restaurants in Tokyo, Japan, in the late 1980s and early '90s. The Japanese locations all eventually closed. Portillo's opened its first restaurant in the Madison, Wisconsin area in early 2019. Portillo's opened its first restaurant in the Davenport, Iowa / Quad Cities area in early 2019, marking its first location in Iowa.
Is Portillo’s about to go public?
Portillo’s, owned by private equity firm Berkshire Partners LLC, announced its plans to go public earlier this summer. The Oak Brook-based restaurant chain tentatively expects to raise $100 million, according to a recent filing with the Securities and Exchange. The company did not specify how many shares it plans to sell or at what price range.
How many Portillos locations are there in the US?
It All Began in the Dog House Fortunately, die-hard fans and first-timers alike have their choice of Portillo's restaurants, as we've beefed up to more than 60 locations across several states.
What state has the most Portillos?
Most of Portillo's 67 restaurants are in the Midwest, though there are a handful in California, Arizona and Florida. The chain plans to increase the number of restaurants about 10% each year to reach 600 restaurants in the U.S. in 25 years, according to the filing.
Is Portillo's a Chicago thing?
Founder Dick Portillo is featured in Forbes Magazine as an "Up and Comer" for leading Portillo's to success in the Chicagoland area.
How much did Portillo's sell for?
$1 billionIn 2014, the then-38-unit brand was purchased by private equity firm Berkshire Partners for nearly $1 billion.
What is the most popular item at Portillos?
Best Portillo's Menu ItemsItalian Beef Sandwich.Burger.Chocolate Cake Shake.Cheese Fries.Hot Dog.Greek Salad.Big Beef Sandwich.Chocolate Cake.More items...•
Are there any Portillo's in Texas?
Today, Portillo's has grown to 70 restaurants in nine states. None of those states are close to Texas.
Is there a Portillo's in Nashville?
Portillo's opens in Westfield, IN.
Is there a Portillo's in Georgia?
The Georgia city is the only Southern location currently in a top five spot — with the others in Illinois, Colorado and Missouri. The beef bus has its route set through May 2020, so votes currently being cast will help determine where it will visit after that, according to Portillo's.
What company owns Portillo's?
The Portillo Restaurant Group, Inc.Portillo's / Parent organization
Where is the original Portillos?
Villa Park, ILPortillo's / Place foundedVilla Park is a village in DuPage County, Illinois, United States, within the Chicago metropolitan area. The population as of the 2020 Census is 21,113. Villa Park is a western suburb of Chicago. Wikipedia
Is Portillos a good investment?
Out of 9 analysts, 4 (44.44%) are recommending PTLO as a Strong Buy, 2 (22.22%) are recommending PTLO as a Buy, 3 (33.33%) are recommending PTLO as a Hold, 0 (0%) are recommending PTLO as a Sell, and 0 (0%) are recommending PTLO as a Strong Sell.
How much did Warren Buffett buy Portillo's for?
Berkshire Partners to buy Portillo's restaurants for almost $1 billion.
How many restaurants does Portillo have?
Most of Portillo’s 67 restaurants are in the Midwest, though there are a handful in California, Arizona and Florida. The chain plans to increase the number of restaurants about 10% each year to reach 600 restaurants in the U.S. in 25 years, according to the filing. This, the company said, will position Portillo’s to expand globally.
How much did Portillo's sales fall in 2020?
While not immune to the pandemic’s devastating economic impact, Portillo’s has been quick to bounce back. The company’s sales fell 8.3% in 2020, especially dine-in sales, which fell from $4.4 million in 2019 to $1.9 million in 2020.
Is Portillo's expanding?
Portillo’s intends to expand the restaurant chain into new markets with proceeds from a public stock offering, according to a new SEC filing.
