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44-year-old Tex-Mex chain abruptly closes last 2 N.J. restaurants
Key takeaways
- As per NJBiz, the shutdown came a year after Texas-based Pappas Restaurants acquired the chain for nearly $16 billion after it filed for Chapter 11 bankruptcy.
- Nearly 30 company-owned locations will close across the country, while franchise-operated restaurants in South Dakota, Nevada, California, and South Korea will continue to operate independently.
- Popular Tex-Mex chain ends New Jersey run after 44 years
Why this matters: local context for readers following news across Pakistan and the region.
Add ARY News on Google AAResize Pappas Restaurants, a 44-year-old Tex-Mex chain, announces an abrupt closure of all company-owned On The Border Mexican Grill & Cantina locations nationwide, including the chain’s last two New Jersey restaurants in Princeton and Mount Laurel.
As per NJBiz, the shutdown came a year after Texas-based Pappas Restaurants acquired the chain for nearly $16 billion after it filed for Chapter 11 bankruptcy.
Nearly 30 company-owned locations will close across the country, while franchise-operated restaurants in South Dakota, Nevada, California, and South Korea will continue to operate independently.
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