Current:Home > StocksRestaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations -Infinite Edge Capital
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
View
Date:2025-04-14 06:43:31
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! (6)
Related
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- JD Vance is a relative political unknown. He’s been asked to help Donald Trump avenge his loss
- 'Clock is ticking': Texas Gov. Abbott gives utility company deadline to fix power outages
- Miranda Lambert Stops Concert Again to Call Out Fans Causing Drama
- What do we know about the mysterious drones reported flying over New Jersey?
- Details emerge about deaths of dad and daughter from Wisconsin and 3rd hiker who died in Utah park
- Will SEC officials call a penalty for Horns Down against Texas? It depends on context
- Prime Day 2024: Save On These 41 Beauty Products Rarely Go on Sale- Tatcha, Color Wow, Laneige & More
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Texas set to execute Ruben Gutierrez in retired teacher's death on Tuesday. What to know.
Ranking
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Jason Aldean dedicates controversial 'Try That in a Small Town' to Donald Trump after rally shooting
- How many points did Bronny James score tonight? Lakers Summer League box score
- New livestream shows hundreds of rattlesnakes, many of them pregnant, congregating at mega-den in Colorado
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- What time does 'Big Brother' start? Season 26 premiere date, cast, where to watch
- Singer Ingrid Andress says she was drunk during panned MLB anthem performance, will get treatment
- RHONJ’s Danielle Cabral Confirms the Season 14 Finale Is Just as Shocking as You'd Expect
Recommendation
SFO's new sensory room helps neurodivergent travelers fight flying jitters
What is Demolition Ranch, the YouTube channel on Thomas Matthew Crooks' shirt?
What is Demolition Ranch, the YouTube channel on Thomas Matthew Crooks' shirt?
Will Ferrell Shares the Criticism He Got From Elf Costar James Caan
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
New Jersey Democrats set to pick candidate in special House primary for Donald Payne Jr.'s seat
Video shows woman's scarily close encounter with grizzly. She says she'd still 'choose the bear.'
BMW, Chrysler, Honda among 437K vehicles recalled: Check car recalls here