Real Mex Restaurantsis the parent company for severalchainsof full-serviceMexican restaurantsin the United States. The company is headquartered inCypress, Californiaand operates more than 120 full service Mexican restaurants under eight brand names.[1]
Industry | Restaurant / Mexican |
---|---|
Founded | January 1, 1954citation needed] | [
Founder | Larry Cano |
Defunct | October 27, 2018 |
Headquarters | Cypress, California,United States |
Key people | Brian Lockwood (President, CEO) |
Website | www |
History
editThe company claims its origin toLarry Canowho, in 1954 with the opening of the firstEl Toritorestaurant, which expanded into a chain. Another origin was the founding ofAcapulco Mexican Restaurant and Cantinain 1960. In 1998, Acapulco became owned by the private equity firmBruckmann, Rosser, Sherrill & Co.,[2]which expanded it into Real Mex Restaurants, acquiringEl Torito,Chevy's Fresh Mexand other Mexican full-service chains.[3]The company's reach is now nationwide, and the company claims to be the largest Mexican restaurant chain in the United States.[4]
In October 2011, the company filed forChapter 11 bankruptcy.[5]In February 2012, it was sold to a group of debt holders.[6]The company is now owned by an investment group that includes Z Capital Partners.[7]
Real Mex Restaurants portfolio includes: El Torito,Acapulco Mexican Restaurant and Cantina,Chevy's Fresh Mex,El Paso Cantina, Who Song and Larry's and the Southern California landmark Las Brisas of Laguna Beach.
References
edit- ^"Home page".Real Mex Restaurants.RetrievedOctober 5,2014.
- ^Battaglia, Andy (March 13, 2000)."Acapulco restarts its engine, revs up for growth after 8 years in low gear".Nation's Restaurant News.Archived fromthe originalon August 8, 2014.RetrievedOctober 5,2014.
- ^"Real Mex Restaurants, Inc".Bloomberg Businessweek.Archived fromthe originalon March 18, 2009.RetrievedOctober 5,2014.
- ^"About Us".Real Mex Restaurants.RetrievedOctober 5,2014.
- ^Palank, Jaqueline (October 4, 2011)."Real Mex Restaurants Files for Chapter 11 Bankruptcy".The Wall Street Journal.RetrievedOctober 4,2014.
- ^Darmiento, Laurence (February 8, 2012)."Real Mex Approves Sale to Debt Holders".Los Angeles Business Journal.RetrievedOctober 4,2014.
- ^"Real Mex Restaurants, Inc. Company Profile".Hoovers.RetrievedOctober 5,2014.