Tex-Mex restaurant chain On The Border files for bankruptcy
(wjet/wfxp) – At the border, a casual Tex-Mex dining chain filed for Chapter 11 bankruptcy this week. The company is currently open 60 locations Throughout the US, these locations are expected to remain open and operational during the process. According to Court documentsborders report assets and liabilities of between $10 million and $50 million. a […]
Tex-Mex chain On the Border files for Chapter 11 bankruptcy protection
“Bar Rescue” host Jon Taffer has been heavily on a restaurant filing for bankruptcy, and his show is being renewed for the 10th season. At the border, Mexican Grill & Cantina filed for bankruptcy protection this week after struggling to compete in a macroeconomic environment. The Tex-Mex chain, owned by Argonne Capital Group, filed for […]
Tijuana Flats, Tex-Mex restaurant in 4 states, closing 11 locations, filing for bankruptcy
Inflation is falling, but food is still expensive to buy. According to the Bureau of Labor Statistics, food prices have risen 21% over the past three years, outpacing the overall inflation rate of 18% over the same period. A Central Florida Tex-Mex restaurant chain with locations in four Southeastern states has filed for Chapter 11 […]