Current:Home > MarketsRestaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations -Wealth Evolution Experts
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
View
Date:2025-04-14 20:09:35
The Central Florida-based restaurant chain Tijuana Flats has filed for Chapter 11 bankruptcy and will be closing 11 of its restaurants, according to a release from the company.
One location in Virginia Beach, Virginia were and 10 Florida locations were closed: in Tampa, Orlando, Jacksonville and Boynton Beach, a Tijuana Flats spokesperson confirmed to USA TODAY. Tijuana Flats said it will continue to provide full support to its franchisees and that its remaining locations will continue to operate as usual.
As of Monday, the fast-casual restaurant chain operates 65 locations throughout Florida, along with 26 franchised restaurants in Florida, Alabama, North Carolina and Tennessee.
Tijuana Flats acquired by new ownership group
According to a release from the company, Tijuana Flats has been acquired by a new ownership group, Flatheads LLC, who listed the "immense brand recognition, strong following and customer loyalty, plus future potential of the brand as some of the key reasons it was excited about its new investment in the restaurant chain."
The Tex-Mex chain was founded in 1995 in Winter Park, Florida. In a release, Joe Christina, who joined the brand in November 2022, will remain CEO of the company under the new ownership.
veryGood! (4541)
Related
- US appeals court rejects Nasdaq’s diversity rules for company boards
- Global tech outage hits airlines, banks, healthcare and public transit
- FACT FOCUS: Heritage Foundation leader wrong to say most political violence is committed by the left
- Major League Soccer hopes new roster rules allow teams to sign more star talent
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Aurora Culpo Reveals Why She Was “Dumped” by Bethenny Frankel’s Ex Paul Bernon
- New Orleans Saints tackle Ryan Ramczyk will miss 2024 season
- Some GOP voters welcome Trump’s somewhat softened tone at Republican National Convention
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- King Charles opens new, left-leaning U.K. Parliament in major public address after cancer diagnosis
Ranking
- Travis Hunter, the 2
- Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
- 'Love Island USA' complete guide: How to watch, finale date, must-know terminology
- Dominican activists protest against a new criminal code that would maintain a total abortion ban
- New data highlights 'achievement gap' for students in the US
- Some GOP voters welcome Trump’s somewhat softened tone at Republican National Convention
- EA Sports College Football 25, among most anticipated sports video games in history, hits the market
- RNC Day 4: Trump to accept GOP presidential nomination as assassination attempt looms over speech
Recommendation
John Galliano out at Maison Margiela, capping year of fashion designer musical chairs
Shelter provider accused of pervasive sexual abuse of migrant children in U.S. custody
TNT honors Shannen Doherty with 'Charmed' marathon celebrating the 'best of Prue'
Obama, Pelosi and other Democrats make a fresh push for Biden to reconsider 2024 race
Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
Zach Edey injury update: Grizzlies rookie leaves game with ankle soreness after hot start
Some GOP voters welcome Trump’s somewhat softened tone at Republican National Convention
This poet wrote about his wife's miscarriage and many can relate: Read 'We Cry, Together'