Three new Portillo’s are slated for North Texas. The Chicago-based hot dog chain plans to open locations in Fort Worth, Arlington, and Allen.
While no opening dates have been confirmed, the Arlington location is expected to be completed this spring, while Fort Worth is expected to be operational by December 2023, reported WFAA.
The Allen Portillo’s will be located south of the Allen Premium Outlets, while the Arlington restaurant will be located across from the Parks Mall at 4200 S. Cooper Street. The Fort Worth site is tentatively planned for 2491 North Tarrant Parkway, west of Interstate 35W, reported the Fort Worth Star-Telegram.
The chain serves a variety of foods, like hamburgers, pasta, chicken sandwiches, beef dips, and of course, hot dogs.
North Texans first tasted Portillo’s last September when their “Beef Bus” food truck toured Arlington. Hungry patrons lined up for Chicago-style hot dogs, beef sandwiches, and Italian sausages.
In January 2023, Portillo’s opened its first North Texas location in The Colony at 5752 Grandscape Blvd., as reported by The Dallas Express. The 7,900-square-foot restaurant has room for 180 diners inside, plus seating for 80 on two patios. The chain immediately proved popular, generating an average of nearly $50,000 in revenue daily.
“This means it’s been matching the volumes of restaurants in Chicago that have been open for decades,” Portillo’s CEO Michael Osanloo told investors on an earnings call earlier this year, per WFAA.
“Specifically, The Colony has averaged $48,000 in sales per day since the grand opening. Now, that annualizes to $17 million per year; and that’s a crazy number, so please don’t model that. It’s definitely coming down. But we feel really good that this restaurant will significantly exceed our underwriting expectations and sets us up for further success in Texas as we continue to expand.”
The Chicago street food restaurant chain dates back to 1963 when Dick Portillo opened his first hot dog stand in Villa Park, Illinois. Today, the chain operates over 70 locations in the United States and is publicly traded on the NASDAQ. As of the close of trading on May 23, the company’s stock price was up over 27% year-to-date.
