Current:Home > MarketsRestaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations -Thrive Financial Network
Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations
View
Date:2025-04-12 13:39:47
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! (9421)
Related
- Small twin
- 2 killed, 3 injured in shooting at makeshift club in Houston
- Meet the volunteers risking their lives to deliver Christmas gifts to children in Haiti
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Travis Hunter, the 2
- New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- NFL Week 15 picks straight up and against spread: Bills, Lions put No. 1 seed hopes on line
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Highlights from Trump’s interview with Time magazine
Ranking
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Jamie Foxx gets stitches after a glass is thrown at him during dinner in Beverly Hills
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
Recommendation
Meet first time Grammy nominee Charley Crockett
Highlights from Trump’s interview with Time magazine
Travis Hunter, the 2
Tree trimmer dead after getting caught in wood chipper at Florida town hall
Macy's says employee who allegedly hid $150 million in expenses had no major 'impact'
Highlights from Trump’s interview with Time magazine
Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
This was the average Social Security benefit in 2004, and here's what it is now