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On the Border has closed most of its restaurants, just over a year after it was acquired out of bankruptcy by Pappas Restaurants.
All company-owned locations of the Mexican casual-dining chain shut down after service on Friday, according to a statement from OTB Hospitality following "a thorough evaluation of the business."
"We are currently evaluating the future of the On The Border brand and exploring a range of strategic options," the company said.
It appears that 27 restaurants were closed, leaving the chain with five franchised U.S. locations, in South Dakota, Florida, Nevada, and California, according to On the Border's website. It also has at least one franchised location in South Korea.
On the Border has closed most of its restaurants, just over a year after it was acquired out of bankruptcy by Pappas Restaurants.
All company-owned locations of the Mexican casual-dining chain shut down after service on Friday, according to a statement from OTB Hospitality following "a thorough evaluation of the business."
"We are currently evaluating the future of the On The Border brand and exploring a range of strategic options," the company said.
It appears that 27 restaurants were closed, leaving the chain with five franchised U.S. locations, in South Dakota, Florida, Nevada, and California, according to On the Border's website. It also has at least one franchised location in South Korea.
3 months ago
