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PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT
PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT

Yahoo

time08-05-2025

  • Business
  • Yahoo

PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT

Beloved Texas-Based Family-Owned Restaurant Group Prevails at Auction for Iconic Tex-Mex Brand HOUSTON, May 7, 2025 /PRNewswire/ -- Pappas Restaurants is proud to announce it was selected as the prevailing bidder during the auction of On The Border Mexican Grill & Cantina. The transaction, which is subject to court approval, is expected to be finalized and close in the coming weeks. This acquisition will bring together two iconic Texas-based restaurant brands and expand Pappas' presence in the Tex-Mex category by adding a nationally recognized concept that offers bold flavors at an accessible price point. On The Border's value-driven approach complements Pappasito's Cantina, known for its fresh ingredients, sizzling fajitas, hand-shaken margaritas, and high-energy atmosphere. Together, the brands will allow Pappas Restaurants to serve a wider range of guests across more markets. "We're excited to welcome On The Border to the Pappas family," said Mike Rizzo, CEO of Pappas Restaurants. "On The Border is a brand with deep heritage and loyal guests, and we see tremendous opportunity to invest in its future. Our shared Texas roots and passion for hospitality make this a natural fit." With decades of experience operating high-performing restaurant brands, Pappas Restaurants will apply its proven operational model and commitment to quality and hospitality to help strengthen and modernize On The Border locations. The guest experience at On the Border will remain rooted in the lively, welcoming environments that both brands are known for. "On The Border has always stood out for its energy and bold flavors—it's a brand we've known and respected for years," said Chris Pappas, co-owner of Pappas Restaurants. "This gives us the chance to bring our passion for Tex-Mex to more guests, and we're excited to build on what makes both brands special." Pappas Restaurants will explore ways to enhance On The Border's menu, operations, and guest experience while honoring the brand's history and fan-favorite offerings. The transition will be guided by a commitment to quality, hospitality, and the celebration of Tex-Mex cuisine. ABOUT PAPPAS RESTAURANTSBased in Houston, Texas, Pappas Restaurants is a family-owned and operated restaurant group with a portfolio of iconic brands, including Pappadeaux Seafood Kitchen, Pappasito's Cantina, Pappas Bar-B-Q and Pappas Bros. Steakhouse. Known for its attention to detail, high-quality ingredients, and genuine hospitality, Pappas Restaurants has earned a national reputation for excellence in the hospitality industry. For more information, please visit ABOUT ON THE BORDERFounded in 1982 in Dallas, Texas, On The Border Mexican Grill & Cantina has been serving Border-style Tex-Mex cuisine for over four decades. Known for its mesquite-grilled fajitas, hand-crafted margaritas, and lively dining atmosphere, the brand quickly became a staple in the casual dining scene. At its peak, On The Border operated over 150 locations across the United States and internationally. Today, On the Border operates 60 company-owned restaurants across 18 states and has 20 franchised locations in the U.S. and South Korea. Media Contact: Media@ View original content to download multimedia: SOURCE Pappas Restaurants

Pappas Restaurants to buy Texas restaurant brand On The Border
Pappas Restaurants to buy Texas restaurant brand On The Border

Yahoo

time08-05-2025

  • Business
  • Yahoo

Pappas Restaurants to buy Texas restaurant brand On The Border

US-based family-owned business Pappas Restaurants has emerged as leading bidder in the auction for On The Border Mexican Grill & Cantina, in a move that is set to expand its national footprint. The acquisition, pending court approval, is expected to be finalised in spring 2025. Founded in Dallas in 1982, On The Border Mexican Grill & Cantina has been serving Border-style Tex-Mex cuisine for more than forty years. At its peak, On The Border operated more than 150 locations across the US and internationally. On the Border currently operates 60 company-owned restaurants across 18 states and has 20 franchised locations in the US and South Korea. Pappas Restaurants is a family-owned and operated restaurant group based in Houston, Texas. Its portfolio contains Pappadeaux Seafood Kitchen, Pappasito's Cantina, Pappas Bar-B-Q and Pappas Bros Steakhouse. Pappas Restaurants CEO Mike Rizzo stated: "We're excited to welcome On The Border to the Pappas family. On The Border is a brand with deep heritage and loyal guests, and we see tremendous opportunity to invest in its future. Our shared Texas roots and passion for hospitality make this a natural fit." On The Border is known for its bold flavours and affordability, which aligns with Pappasito's Cantina's reputation for fresh ingredients and a lively atmosphere. This synergy will enable Pappas Restaurants to cater to a broader audience across more markets. Pappas Restaurants plans to refine On The Border's menu, enhance operations and elevate the guest experience. Pappas Restaurants co-owner Chris Pappas added: "On The Border has always stood out for its energy and bold flavours — it's a brand we've known and respected for years. This gives us the chance to bring our passion for Tex-Mex to more guests, and we're excited to build on what makes both brands special." "Pappas Restaurants to buy Texas restaurant brand On The Border" was originally created and published by Verdict Food Service, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT
PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT

Malaysian Reserve

time07-05-2025

  • Business
  • Malaysian Reserve

PAPPAS RESTAURANTS PREVAILS AT AUCTION FOR ON THE BORDER TO EXPAND ITS NATIONAL FOOTPRINT

Beloved Texas-Based Family-Owned Restaurant Group Prevails at Auction for Iconic Tex-Mex Brand HOUSTON, May 7, 2025 /PRNewswire/ — Pappas Restaurants is proud to announce it was selected as the prevailing bidder during the auction of On The Border Mexican Grill & Cantina. The transaction, which is subject to court approval, is expected to be finalized and close in the coming weeks. This acquisition will bring together two iconic Texas-based restaurant brands and expand Pappas' presence in the Tex-Mex category by adding a nationally recognized concept that offers bold flavors at an accessible price point. On The Border's value-driven approach complements Pappasito's Cantina, known for its fresh ingredients, sizzling fajitas, hand-shaken margaritas, and high-energy atmosphere. Together, the brands will allow Pappas Restaurants to serve a wider range of guests across more markets. "We're excited to welcome On The Border to the Pappas family," said Mike Rizzo, CEO of Pappas Restaurants. "On The Border is a brand with deep heritage and loyal guests, and we see tremendous opportunity to invest in its future. Our shared Texas roots and passion for hospitality make this a natural fit." With decades of experience operating high-performing restaurant brands, Pappas Restaurants will apply its proven operational model and commitment to quality and hospitality to help strengthen and modernize On The Border locations. The guest experience at On the Border will remain rooted in the lively, welcoming environments that both brands are known for. "On The Border has always stood out for its energy and bold flavors—it's a brand we've known and respected for years," said Chris Pappas, co-owner of Pappas Restaurants. "This gives us the chance to bring our passion for Tex-Mex to more guests, and we're excited to build on what makes both brands special." Pappas Restaurants will explore ways to enhance On The Border's menu, operations, and guest experience while honoring the brand's history and fan-favorite offerings. The transition will be guided by a commitment to quality, hospitality, and the celebration of Tex-Mex cuisine. ABOUT PAPPAS RESTAURANTS Based in Houston, Texas, Pappas Restaurants is a family-owned and operated restaurant group with a portfolio of iconic brands, including Pappadeaux Seafood Kitchen, Pappasito's Cantina, Pappas Bar-B-Q and Pappas Bros. Steakhouse. Known for its attention to detail, high-quality ingredients, and genuine hospitality, Pappas Restaurants has earned a national reputation for excellence in the hospitality industry. For more information, please visit ABOUT ON THE BORDER Founded in 1982 in Dallas, Texas, On The Border Mexican Grill & Cantina has been serving Border-style Tex-Mex cuisine for over four decades. Known for its mesquite-grilled fajitas, hand-crafted margaritas, and lively dining atmosphere, the brand quickly became a staple in the casual dining scene. At its peak, On The Border operated over 150 locations across the United States and internationally. Today, On the Border operates 60 company-owned restaurants across 18 states and has 20 franchised locations in the U.S. and South Korea. Media Contact: Media@ View original content to download multimedia: SOURCE Pappas Restaurants

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