Company based in Orange County, California, "Acapulco restarts its engine, revs up for growth after 8 years in low gear", "Real Mex Restaurants Files for Chapter 11 Bankruptcy", "Real Mex Restaurants, Inc. Company Profile", https://en.wikipedia.org/w/index.php?title=Real_Mex_Restaurants&oldid=1147953528, Companies based in Orange County, California, Companies that filed for Chapter 11 bankruptcy in 2011, Companies that filed for Chapter 11 bankruptcy in 2018, Articles with unsourced statements from October 2018, Creative Commons Attribution-ShareAlike License 4.0, This page was last edited on 3 April 2023, at 06:26. Xperience Restaurant Group (XRG) is a leading casual and fine dining operator having iconic brands that serve unique experiences, great food, and unparalleled beverage offerings. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. "The work will debut in early 2011," he continued. Legacy Chevy Buick GMC. Chevys. Despite rising same-store sales at Chevys Fresh Mex and El Torito, the company fell short on more than $230 million to two groups of lenders the previous spring. How much does it cost to buy a mcdonald’s restaurant? El Torito (Spanish for "the little bull") is an American chain that serves Mexican food. solita Tacos & Margaritas was founded in 2014 and embodies everything that makes us happy. [5], In 2018, FM Restaurants HoldCo, LLC acquired Real Mex Restaurants out of bankruptcy and begun operation under Xperience Restaurant Group led by former Vice President of Operations of the El Torito division, Randy Sharpe. [3] Acapulco renamed its parent company to Real Mex Restaurants in 2004 and moved the headquarters to Cypress, California. How much does it cost to open a vietnamese restaurant? Weve been talking awhile, and were glad we came together., Hislop said he and Martin share the view that Chevys can benefit from rapid growth, and he predicted that Chevys will ultimately be the dominant player in the mid-scale Mexican market.. Young people are quitting their jobs to find out, Starbucks union says Pride weekend strikes closed 21 U.S. stores, Deceiving and disgusting: Readers react to the rise of restaurant service fees. The welcoming Hacienda setting, food you crave, and genuine hospitality all combine to make guests feel like they are part of the El Torito family. All rights reserved. The company, based in Purchase, N.Y., has plans for $1 billion worth of acquisitions, including investments in bottling companies and snack-food operations. Real Mex Restaurants is committed to the highest standards and is dedicated to serving the freshest Mexican food with excellent service in a clean, comfortable and friendly environment. Chevys Fresh Mex Hires Three Bay Area Agencies for Marketing Duties How much does grubhub charge restaurants for pickup? SOL Mexican Cocina is about simple and fresh Baja-style cooking and authentic Mexican food made from scratch using the same tools and techniques used by Mexican cooks for centuries. Taco Bell, based in Irvine, said last month that it was shopping for a full-service restaurant chain. Goldman noted that Taco Bells expansion fits into parent Pepsicos overall strategy. Granted, there are some nicknames that seem like a stretch of logic, like Jack for John and Peg for Margaret, but there are none so incompatible as Pepe for Jos, Pancho for Francisco, or Chucho (or Chuy) for Jesus. El Torito . Chevys Annapolis restaurant owner, Tom OLeary, and his son, Steve OLeary, will be competing in a new NBC baking show called Baking It hosted by celebrities, Maya Rudolph and Andy Samberg. - reeder1953. Everything in the menu is locally and sustainable sourced, and made fresh daily. Can i use my p-ebt card at fast food restaurants? XRG concepts include Acapulco, Chevys Fresh Mex, El Torito, El Torito Grill, Las Brisas, Who Song & Larry's, Sinigual, SOL Cocina, Solita, Rio Mambo, and The RIM Scratch Craft Eats. What Food Is Kentucky Known For? - Food & Wine The company has grown rapidly. Cano, at one point became financially strapped and moved into the restaurant. 2023 Xperience Restaurant Group. These easy Tex Mex recipes will make meals more exciting. With two locations in Fort Worth and Burleson, Texas, THE RIM scratch craft eats serves American retro food with soul and a side of vibe. Impressing guests with homestyle-inspired eats and Texas-sized entrees, the concept is characterized by an eclectic interior with an elevated homestyle fare. Real Mex Restaurants, Inc.Real Mex Restaurants The chain was founded in 1986 by Warren Simmons in Alameda, California. IRVINE Taco Bell Corp. said Tuesday that it will buy the Chevys restaurant company with the intent of making it the first nationwide sit-down Mexican chain. Restaurant operator RM Holdco LLC, operator of the Chevys Fresh Mex, El Torito and Acapulco Mexican Restaurant casual dining chains, filed for bankruptcy protection on Sunday and said it plans to sell itself in the face of debt, rising costs and competition from "fast-casual" restaurants. How much does a pos system cost for a restaurant? They hired Cano as the President with a directive for rapid expansion. Taco Bell, which with 3,900 restaurants is the predominant force in Mexican fast food, said it hopes to expand Chevys within five years into a chain of at least 300 units. View 15 Reviews 4.1. XRG currently operates 68 restaurants. How much does a restaurant hood system cost? Del Taco, the nations second-largest Mexican-style fast-food chain, filed for bankruptcy protection in March. CHEVYS MEXICAN RESTAURANT Careers and Employment | Indeed.com One of its claims to fame is being the birthplace of the hot brown sandwich, an open-faced masterpiece invented by the hotel's chef in 1926. XRG, which runs El Torito and Chevys Fresh Mex, now operates 62 corporate units. We use only top-quality ingredients to create all of your favorites like sizzling fajitas, mouthwatering guacamole, flautas, and handcrafted margaritasno one does them better. Chevys restaurants resemble a Mexican border town cafe or cantina with a vibrant contemporary decor. Founded in 1986 in Alameda, California, Chevys is an ultra-casual, full-service restaurant concept that offers guests an array of freshly prepared Mexican dishes prepared from scratch using only the freshest ingredients served in a fun, relaxing atmosphere. . Table of Contents What happened to Chevys Fresh Mex? What does a Grade 3 heart murmur mean in cats? They include 67 El Torito Restaurants, 64 company-owned Chevys Fresh Mex Restaurants, 30 Acapulco Mexican Restaurants, 8 El Torito Grill Restaurants, 2 Sinigual Restaurants, the Las Brisas Restaurant in Laguna Beach, and several regional restaurant concepts such as Who-Song and Larry's, Casa Gallardo and El Paso Cantina. From our homemade tortillas, smoky mesquite-grilled dishes and unique attention to the classics, we keep the Mexican revolution alive with our non-traditional approach and refined taste. . The company saw trouble in 2011 when it filed for debt protection. Events Menu. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. For more information please visit the company's Web site at www.realmexrestaurants.com. Click here to see all . The next step up is full service with a casual theme., For parent Pepsico, this is a rational way to dip their toe in the water, said analyst Emanuel Goldman at the brokerage PaineWebber Securities in San Francisco. Chevys Restaurants LLC was founded in 2004. We're known for our mesquite-fired flavor and farm fresh ingredients. Chevys Owner Scoops Up Two Mexican Chains Xperience Restaurant Group has 62 corporate-managed units in its portfolio. Cano. How much electricity does a restaurant use per month? XRG concepts include Acapulco, Chevys Fresh Mex, El Torito, El Torito Grill, Las Brisas, Who Song & Larry's, Sinigual, SOL Cocina, Solita, Rio Mambo, and The RIM Scratch Craft Eats. Manufacturer of amazing vegan gluten free products for the Foodservice and retail, Chevys Owner Scoops Up Two Mexican Chains, Z Capital purchased Real Mex out of bankruptcy for $47 million, Real Mex filed for bankruptcy in August 2018, Carrabbas Refreshes Happy Hour with Daily $7 Specials, Rooftop Restaurant and Bar The Foundry to Open in Dayton on June 29, Cracker Barrel Introduces New Brunch Items to Kick Off Summer Season, Puttshack Signs New Lease in Chicago Suburb Skokie, Illinois, Michelin-Starred Esm Reveals Second Menu Installment of 2023, Learning to Evolve Your Restaurant Concept from 'The Bear' Season 2, 6 Reasons Online Reservations Can Be Summertime Game-Changers for Restaurants, Angry Crab Shack Expands Tech-Driven Training Platform, We Asked AI How to Integrate Third-Party Delivery. Built on a platform of fresh fresh ingredients, fresh preparation, fresh ideas and fresh personality Chevys prepares dishes daily from scratch. Chevys, based in San Francisco, now has 34 restaurants in Northern California and three in Southern California, including locations in Irvine and Fountain Valley. Chevys Fresh Mex/Parent organizations. CYPRESS, Calif., Jan. 4, 2011 /PRNewswire/ -- Chevys Fresh Mex, part of Real Mex Restaurants, Inc. ("RMR"), today announced the appointment of three San Francisco Bay Area agencies to make up the marketing team for the brand. This commitment to freshness translates into Chevys signature "Seasonal Fresh Fruit" margaritas which change with the seasons. El Torito Grill combines bold, Mexican flavors with the freshest ingredients and flawlessly creates dishes guests will crave. Real Mex Restaurants - Wikipedia Known for offering a variety of Tex-Mex dishes, including gluten-free and low-fat options as well as its traditional Tex-Mex fare with a flair, Rio Mambo Tex Mex y Mas is committed to providing guests with quality service and building relationships with the communities it serves. Great place to do business. Former Audi boss is convicted of fraud in diesel emissions scandal, Can food stalls help save Chinas economy? Real Mex Restaurants portfolio includes: The company said it struggled to generate traffic amid increased competition in the Mexican segment, including from fast casual and quick service, and battled to keep up with rising minimum wage in California (all but seven of its 68 restaurants were in California at the time of the filing). The chain is owned by Xperience Restaurant Group. 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. With an array of fresh and healthy choices from light to filling, there is something for everyone at Sinigual. 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Chevys Fresh Mex is an American chain of Mexican-style casual dining restaurants located in the United States. Order Now NEW SUMMER FAIR MENU Appetizers Soup & Salads Mesquite-Grilled Fajitas From The Mesquite Grill Combos Enchiladas & Burritos Tacos Lunch Time Desserts Margaritas Cocktails Weekend Brunch Join Xperience Rewards! Call 1-888-TORTILLA or fill out the form . Is ranchero sauce the same as enchilada sauce? Commentary: Why did Center Theatre Group really halt programming at the Mark Taper Forum? Restaurant operator RM Holdco LLC, operator of the Chevys Fresh Mex, El Torito and Acapulco Mexican Restaurant casual dining chains, filed for bankruptcy protection on Sunday and said it plans to sell itself in the face of debt, rising costs and competition from fast-casual restaurants. XRG currently operates 68 restaurants. Louisville. Chevys uses a "Fresh Mex" pledge which underscores the Company's promise that products are made daily from scratch. When typing in this field, a list of search results will appear and be automatically updated as you type. Analysts say that Mexican food is one of the fastest-growing segments of the U.S. restaurant industry. Z Capital-backed Xperience Restaurant Group announced November 26 it has acquired SOL Mexican Cocina and solita Tacos & Margaritas. It also announced grocery store test-marketing of its taco shells and sauces. What is the best thing to make at a Tex-Mex restaurant? The chain was founded in 1986 by Warren Simmons in Alameda, California. Xperience Restaurant Group is one of the nation's leading operators of casual, polished casual, and fine dining brands. As of April 2021, there were 22 Chevys Fresh Mex restaurants located throughout the United States, mostly in northern California (9 locations). Taco Bell to Acquire Chevys Full-Service Chain : Restaurants: The How many taco bell restaurants are there in the world? Chevys Fresh Mex is an American chain of Mexican-style casual dining restaurants located in the United States. Additionally, Real Mex owed about $6.5 million to vendors and had another loan of about $54 million owed to a lender group that included Z Capital affiliates. "[1], El Torito was founded in 1954 by Larry J. Chevys Fresh Mex | Mexican Restaurant Founded in California in 1954, El Torito continues to be the authority in great Mexican food. She scaled the chain with partners Rich Howland and Matt Baumayr. Other brands include El Torito Grill, Las Brisas, Who Song and Larrys, Acapulco, and Sinigual. Ranchero sauce is more tomato based, more of a tomato sauce with lots of peppers, where enchilada sauce is usually made without tomatoes, and if it does contain tomatoes, they arent the focus. The company's reach is now nationwide, and the company claims to be the largest . Others are Don Pablos, based in Dallas, and Cantina del Rio in Columbus, Ohio. Chevy Chase Newcomer the Avenue Wants to Be a Real-Life 'Cheers' James Zenni, president and CEO of Z Capital, said Tuesdays acquisitions could provide expansion runway in the opposite direction. Serving the freshest Mexican food since 1986. All rights reserved. What is practice management for accountants? Tex-Mex Stuffed Peppers Taco seasoning and peppers will always work well together, so it makes sense that this dish would be a hit. [4] It was acquired by a group of its noteholders in a bankruptcy auction in 2012. Restaurants. With locations in Fort Worth, Colleyville, Burleson, and Weatherford, Texas, Rio Mambo Tex Mex y Mas provides a distinctive Tex-Mex menu and blended margaritas in a contemporary and relaxed atmosphere. .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct,.mw-parser-output .geo-inline-hidden{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}372559.2N 1215350.9W / 37.433111N 121.897472W / 37.433111; -121.897472. Since our first Restaurant opened in Pasadena, California, in 1960, Acapulco Restaurants have become neighborhood favorites amongst locals. San Rafael based Duke Marketing, LLC will handle public relations and local store marketing and Hub Strategy & Communications, a San Francisco agency, will provide social media, branding, creative development and advertising expertise. The company was formed in October 2018 when Z Capital purchased Real Mex out of bankruptcy for $47 million. Chief marketing officer, Lowell Petrie who oversees brand positioning and marketing for Chevys Fresh Mex said, "We wanted a team of experts in the Bay Area where Chevys started over 20 years ago and still maintains a 90% brand awareness, to help revitalize the brand.". Video: Video: Chevys Fresh Mex - Just How Fresh Are We? If you continue to use this site we will assume that you are happy with it. For over 35 years, we've been the top rated restaurant management system! Many of these locations are owned by the company; however, some are franchisee-owned. 26. Taco Bell, he said, will provide funds for the expansion and use its bulk-buying power to help lower Chevys ingredients costs. Tex-Mex Grain Bowl. Martin said the expansion will start as soon as the Chevys deal closes, probably in eight weeks. Is there a better way? [1] El Torito is one of several Mexican cuisine restaurant chains operated by Xperience Restaurant Group. Chevys has tried to differentiate itself from the pack of Mexican restaurant chains with a Fresh Mex concept--emphasizing lighter fare and not depending as much on bar sales as do regional chains such as Chi-Chis, which has more than 200 restaurants across the nation, and El Torito, with about 175. [6] The company is now owned by an investment group that includes Z Capital Partners.[7]. Another origin was the founding of Acapulco Mexican Restaurant and Cantina in 1960. and co-workers how to throw a real party by booking one of our rooms, patios or semi-private areas at Chevys! Company New - Xperience Restaurant Group These brands are a natural fit for our portfolio as we grow the XRG platform, and as the casual dining sector continues to evolve, we look forward to identifying and executing on acquisition opportunities that will further position XRG for long-term growth and success.". Get the inside scoop on jobs, salaries, top office locations, and CEO insights. CHECK OUT OUR LINEUP: Cars Electric Performance Crossovers SUVs Trucks *The Manufacturer's Suggested Retail Price excludes destination freight charge, tax, title, license, dealer fees and optional equipment. and fine dining brands. Xperience Restaurant Group has62 corporate-managed units in its portfolio. This impressive piece of high-tech machinery produces 900 fresh, hot flour tortillas per hour. Tex-Mex is an incredible fusion of Mexican and American foods initially made by the Tejano culture Texans of Mexican descent. Where kids are entertained with dough balls, birthdays are celebrated with sombreros & sundaes, and dining comes with a show! Shredded Beef Chimichangas are filled with tender spicy shredded beef, rice, refried beans, sauted bell peppers and zucchini, tomatoes, and cheese. OF CHIPS & 1 PINT OF SALSA FRESH MEX FAMILY MEAL (FEEDS 4) $49.99 1 QUESADILLA ORDER GUACAMOLE PINT 8 ITEM COMBO Tacos or enchiladas with your choice of chicken or beef 1 QUART OF BEANS Chevys Private Events | Chevys Fresh Mex [7], This article is about the restaurant chain. Were committed to the highest dining standards and dedicated to serving the freshest cuisine with excellent service in a clean, comfortable, and friendly environment. Are there any pizza hut restaurants left? The Avenue, a 6,000-square-foot nod to its placement on upper Connecticut Avenue (5540 Connecticut Avenue NW), serves up baby back . The chains headquarters are currently located in Cypress, California. Markets never sleep, and neither does Bloomberg News. El Torito ( Spanish for "the little bull") is an American chain that serves Mexican food. How many chevys restaurants are there? - restaurant - 2023 Headquartered in Cypress, California, Real Mex Restaurants is the largest full-service, casual dining Mexican restaurant chain operator in the United States with 179 company owned restaurants, 151 in California and an additional 28 in 15 other states. How much do waiters make at fancy restaurants? By 1976 he had 20 locations, and sold the business to W. R. Grace and Company for about $20 million. In 1998, Acapulco became owned by the private equity firm Bruckmann, Rosser, Sherrill & Co.,[2] which expanded it into Real Mex Restaurants, acquiring El Torito, Chevy's Fresh Mex and other Mexican full-service chains. Chevrolet Dealerships in Kentucky | DealerRater.com . God will increase CHEVYS.COM. Taco Bell, which with 3,900. What happened to Chevys Fresh Mex? - Fdotstokes.com [2] Cano served several tours in Europe and in Korea, got a business degree and worked as a bartender. It had about 128 restaurants when it sold to affiliates of Tennebaum Capital Partners and Z Capital in March 2012. For over 65 years XRGs brands have become synonymous with being the best-in-category with recent accolades including Best Mexican Restaurants, Best Taco Tuesday, and Best Happy Hours in various media outlets throughout the country. How many vegetarian restaurants are in the us? A revolutionary approach to Mexican Dining. Solar sprawl is tearing up the Mojave Desert. It was in 1954 that XRGs cornerstone El Torito first introduced Mexican casual dining to Southern California. The most lucrative majors? This rating includes all dealership reviews, with more weight given to recent reviews. In addition to more traditional Mexican fare, the menu offers innovative items, including the mesquite grilled steak, fresh fish and shrimp fajitas. Real Mex filed for bankruptcy in August 2018. With our broad portfolio of restaurants, XRG continues to honor the flavorful history of Mexican cuisine, organically growing existing stores and launching prosperous new outletswhile driving the future through culinary innovation and strategic acquisition. If cheese is used, its typically white and crumbly, like cotija. With 64 Company-owned and 23 franchised restaurants, Chevys is a national brand spanning 15 states. Cakewalk Creative, a branding studio in San Francisco, will provide architectural and decor concepting. The company's line of business includes the retail sale of prepared foods and drinks for on-premise consumption. With the infusion of Taco Bell capital, Chevys plans to expand into Colorado, Arizona, Nevada and Missouri. In 2000, Acapulco bought El Torito from Prandium. #chevysfreshmex @chevysfreshmex Chevys restaurants offer tortillas delivered from griddle to table in three minutes and salsa made every half hour. Experience the taste of Baja. The latest headlines and features from FSR magazines editors. Are the golden corral restaurants closing? Xperience Restaurant Group is one of the nation's leading operators of casual, polished casual, and fine dining brands. It also owns a 50% share in the California Pizza Kitchens chain. BRANDS Xperience Restaurant Group owns and operates 11 branded concepts with locations across the United States. Founded in 1986 by Warren Simmons when he opened the first restaurant in Alameda, CA - Chevys has always infused a fun, unique twist on a traditional dining experience. The company is headquartered in Cypress, California and operates more than 120 full service Mexican restaurants under eight brand names. [1], The company claims its origin to Larry Cano who, in 1954 with the opening of the first El Torito restaurant, which expanded into a chain. Founded in 1954, El Torito claims to be "a pioneer in the California full service Mexican casual dining restaurant segment. 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