Latest news with #OntheBorderMexicanGrill&Cantina
Yahoo
23-06-2025
- Business
- Yahoo
On the Border closes another Michigan location. Where 2 restaurants remain open
On the Border Mexican Grill & Cantina lovers will have to drive to west Michigan to find a location. The Tex-Mex chain's last location in southeast Michigan, its Allen Park restaurant, has permanently closed. A bankruptcy filing in March had said three locations remained open in the state, now only two are open. The restaurants that remain open both are in the Grand Rapids area, in Grandville and in Woodland Mall in Kentwood. Here's what to know. The On the Border restaurant in Allen Park, Michigan, is permanently closed, according to a Google search and Facebook. The chain's website displays a "page not found," message for the location's profile. On the Border Mexican Grill & Cantina is a Tex-Mex style restaurant chain founded in 1982, the chain's website says. Only 12 years after the opening of the restaurant, Brinker International acquired the company and opened the first franchised location. By 2001, more than 100 restaurants were open across the U.S. and in 2007, the restaurant went international, opening locations in South Korea. In 2010 the company, as well as 160 restaurants, was sold to Golden Gate Capital, which then turned around to sell it to Argonne Capital Group in 2014, court records say. The company website shows locations in California, Nevada, Illinois, Indiana, Florida, North Carolina, South Carolina, Tennessee, Colorado, South Dakota, Arkansas, Kansas, Oklahoma, Texas, Maryland, Pennsylvania, New Jersey and Connecticut. On the Border has closed over 70 locations since the company filed for Chapter 11 bankruptcy in March 2025. A group of 40 restaurants closed in February 2025 included four Michigan locations: Auburn Hills, Holland, Novi and Westland. The Tex-Mex chain is now down to two locations in Michigan. These two restaurants: In Grandville, 3676 Potomac Circle In Kentwood, 3195 28th St. SE Contact Jenna Prestininzi: jprestininzi@ This article originally appeared on Detroit Free Press: On the Border location closes. Where are restaurants open in Michigan?
Yahoo
09-03-2025
- Business
- Yahoo
Mexican food chain On The Border closes 40 restaurants, files for bankruptcy protection
On the Border Mexican Grill & Cantina filed for Chapter 11 bankruptcy protection this week after closing dozens of restaurants last month, court documents show. At the time of filing, On the Border had 60 company-operated restaurants and listed estimated assets and estimated liabilities between $10 million and $50 million. According to court records, the company has more than $19 million in 'prepetition-funded debt.' OTB Holdings Chief Restructuring Officer Jonathan Tibus said the bankruptcy had been brought upon by difficult economic conditions, labor shortages, underperforming restaurants, and creditor enforcement actions, according to records viewed by USA TODAY. In the same filings, Tibus said the company, along with debtors, had decided in late February to close 40 "non-performing" stores. On The Border joins other casual chain restaurants that have faced difficulties and filed for bankruptcy in recent months. In mid-June 2024, seafood restaurant chain Red Lobster filed for Chapter 11 bankruptcy in Florida. In a statement released at the time the company said it intended to use the proceedings to "drive operational improvements, simplify the business through a reduction in locations, and pursue a sale of substantially all of its assets." But only months later the company announced that it was exiting Chapter 11 bankruptcy after a federal judge approved the chain's plan. In November 2024, TGI Friday announced it was also filing for Chapter 11 bankruptcy protection, citing the COVID-19 pandemic among its business challenges. "This restructuring will allow our go-forward restaurants to proceed with an optimized corporate infrastructure that enables them to reach their full potential," said Rohit Manocha, the executive chairman of TGI Fridays Inc., in a press release at the time. Bucca di Beppo filed for bankruptcy in August 2024, citing rising costs and hiring difficulty, according to information from the restaurant and court papers filed in the U.S. Bankruptcy Court for the Northern District of Texas. Contributing: Julia Gomez, Natalie Neysa Alund, Jonathan Limehouse and Mike Snider Fernando Cervantes Jr. is a trending news reporter for USA TODAY. Reach him at and follow him on X @fern_cerv_. This article originally appeared on USA TODAY: On The Border closes 40 restaurants; chain files for bankruptcy Sign in to access your portfolio
Yahoo
08-03-2025
- Business
- Yahoo
Tex-Mex chain On the Border files for bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior. The chain, which is owned by Atlanta-based Argonne Capital Group, filed Tuesday in federal bankruptcy court in northern Georgia. It joins several other casual chains that have filed for bankruptcy protection over the last year, including Red Lobster and TGI Fridays. In court papers, On the Border said customers dined out less in recent years as restaurant inflation outpaced grocery prices. The chain said rising minimum wages in many states also added to its costs, and it has struggled to recruit and retain workers. RELATED: Red Lobster to exit bankruptcy protection after judge approves sale Last month, On the Border closed 40 locations. It still operates 60 restaurants in 18 states, which will remain open while the bankruptcy proceeds. Franchisees run an additional 20 restaurants in the U.S. and South Korea, the company said. On the Border said it expects to complete a sale of its assets soon. On the Border opened its first restaurant in Dallas in 1982. In 1994, it was acquired by Chili's owner Brinker International, which began opening franchised locations. By 2001, On the Border had more than 100 restaurants in the U.S. It expanded into South Korea in 2007. Brinker sold On the Border to Golden Gate Capital in 2010, and Golden Gate sold the chain to Argonne in 2014. Download the and apps to get breaking news and weather alerts. Watch or with the new . Follow us on social media: Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Washington Post
06-03-2025
- Business
- Washington Post
Tex-Mex chain On the Border files for bankruptcy protection
On the Border Mexican Grill & Cantina has filed for bankruptcy protection, citing pressure from inflation and changing customer behavior. The chain, which is owned by Atlanta-based Argonne Capital Group, filed Tuesday in federal bankruptcy court in northern Georgia. It joins several other casual chains that have filed for bankruptcy protection over the last year, including Red Lobster and TGI Fridays . In court papers, On the Border said customers dined out less in recent years as restaurant inflation outpaced grocery prices . The chain said rising minimum wages in many states also added to its costs, and it has struggled to recruit and retain workers. Last month, On the Border closed 40 locations. It still operates 60 restaurants in 18 states, which will remain open while the bankruptcy proceeds. Franchisees run an additional 20 restaurants in the U.S. and South Korea, the company said. On the Border said it expects to complete a sale of its assets soon. On the Border opened its first restaurant in Dallas in 1982. In 1994, it was acquired by Chili's owner Brinker International, which began opening franchised locations. By 2001, On the Border had more than 100 restaurants in the U.S. It expanded into South Korea in 2007. Brinker sold On the Border to Golden Gate Capital in 2010, and Golden Gate sold the chain to Argonne in 2014.
Yahoo
06-03-2025
- Business
- Yahoo
On The Border Mexican Grill & Cantina files for bankruptcy
Mexican casual dining chain On the Border Mexican Grill & Cantina has filed for Chapter 11 bankruptcy in the US, highlighting persistent challenges within the foodservice sector. The company's recent filing in the Georgia Northern District bankruptcy court reveals assets and liabilities between $10m and $50m. The move follows the recent closures of 12 restaurants throughout the country. Private investment firm Argonne Capital Group acquired On the Border from Golden Gate Capital in 2014. The Atlanta-based investment firm also operates other well-known franchises such as Applebee's, IHOP and Wingstop. Founded in 1982 in Dallas, On the Border is known for its Tex-Mex cuisine, including popular items such as fajitas, margaritas and guacamole. After being acquired by Brinker International, the parent company of Chili's, in 1994, On the Border expanded rapidly, peaking at 166 locations in 2007. But sales and unit counts declined steadily from 2008, a trend exacerbated by the Covid-19 pandemic. Despite a brief recovery in 2021 and 2022, the last available Technomic data from 2023 shows a 3% drop in sales, with the chain operating 120 locations and not having returned to pre-Covid sales volumes, as reported by Restaurant Business. On the Border's bankruptcy filing is part of a broader trend within the casual dining sector. In the 12 months to March 2025, chains such as Red Lobster, TGI Fridays and Buca di Beppo have also sought bankruptcy protection. In February, Hooters of America disclosed considerations for bankruptcy, citing financial struggles, declining foot traffic and location closures. "On The Border Mexican Grill & Cantina files for bankruptcy" 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. Sign in to access your portfolio
