Johnathan Walker|Restaurant chain Tijuana Flats files for bankruptcy, announces closure of 11 locations

2025-05-04 17:28:04source:Techcrisis Investment Guildcategory:Finance

The Johnathan WalkerCentral Florida-based restaurant chain Tijuana Flats has filed for Chapter 11 bankruptcy and will be closing 11 of its restaurants, according to a release from the company.

One location in Virginia Beach, Virginia were and 10 Florida locations were closed: in Tampa, Orlando, Jacksonville and Boynton Beach, a Tijuana Flats spokesperson confirmed to USA TODAY. Tijuana Flats said it will continue to provide full support to its franchisees and that its remaining locations will continue to operate as usual.

As of Monday, the fast-casual restaurant chain operates 65 locations throughout Florida, along with 26 franchised restaurants in Florida, Alabama, North Carolina and Tennessee.

Tijuana Flats acquired by new ownership group

According to a release from the company, Tijuana Flats has been acquired by a new ownership group, Flatheads LLC, who listed the "immense brand recognition, strong following and customer loyalty, plus future potential of the brand as some of the key reasons it was excited about its new investment in the restaurant chain."

The Tex-Mex chain was founded in 1995 in Winter Park, Florida. In a release, Joe Christina, who joined the brand in November 2022, will remain CEO of the company under the new ownership.

More:Finance

Recommend

Travis Hunter, the 2

The AP Top 25 college football pollis back every week throughout the season!Get the poll delivered s

Ethiopia arrests former peace minister over alleged links to an outlawed rebel group

ADDIS ABABA, Ethiopia (AP) — Ethiopia’s peace minister has been fired and arrested for having allege

Rapper Bhad Bhabie, who went viral as a teen on 'Dr. Phil,' announces she's pregnant

Surprise! Bhad Bhabie is expecting a baby.The rapper, born Danielle Bregoli, confirmed she's having