The economic crisis continues to push companies into bankruptcy. All the precautions and precautions taken are not enough to stop bankruptcies. The last example of this occurred in the State of Florida, located in the Southeastern region of the United States.
The famous restaurant chain Tijuana Flats was on the verge of bankruptcy due to economic problems and began to close its 11 branches one by one.
Tijuana Flats, which also filed for bankruptcy, was purchased by the famous Flatheads LLC. Joe Christina, the company’s chief executive officer, said he was excited about Flatheads LLC’s plans to invest in revitalizing the brand’s initial appeal.
Additionally, it is estimated that these urgent financial steps will contribute to the healthy continuation of the company in the long term.
Tijuana Flats managers stated that they will continue to provide service in their restaurants that are not closed and that they will not interrupt their support to franchise owners.
Tags: famous restaurant chain verge bankruptcy Closed branches
