Taco Bueno Files for Bankruptcy
DALLAS, TX -- Founded in Abilene, TX Taco Bueno has filed for financial restructuring under bankruptcy laws.
Taco Bueno Chief Executive Officer Omar Janjua issued a press release Wednesday. According to Janjua, under our new management team, "we have introduced new, delicious offerings and have been reinvesting in and remodeling our restaurants. We recently announced that we have entered into an agreement with Sun Holdings, Inc. on a plan that will position us for long-term financial health and success. Under the plan, Sun Holdings will become the owner of Taco Bueno, and they intend to invest in remodeling our restaurants, increasing brand initiatives and enhancing the customer experience."
"We are implementing this plan through a court-supervised financial restructuring and I want to emphasize that during this process, your local Taco Bueno restaurants are open and eager to serve you. As always, our guests can expect freshly prepared meals made by real cooks, in real kitchens using real ingredients," Janjua said. "We truly appreciate your ongoing support and are confident that the steps we are taking will help ensure that Taco Bueno will continue to be a local Tex-Mex staple now and into the future."
Taco Bueno’s first location was in Abilene and it opened in 1967. There are now 180 locations in seven states. Taco Bueno built a new restaurant on N. Bryant Blvd and 9th St. in San Angelo within the last year and there is a second location under construction between Chick-Fil-A and Panda Express on Sherwood Way.