What happened to Taco Bueno in Colorado Springs?
Texas-based Taco Bueno has announced it’s closing its five Colorado Springs locations, including this one west of Academy Bouelvard and Austin Bluffs Parkway. The restaurants will close Monday. Taco Bueno is closing its five Colorado Springs restaurants Monday, just 2 1/2 years after the Texas-based chain came to town.
Why did Taco Bueno close?
“We continually review our restaurant portfolio performance,” Taco Bueno CEO Omar Janjua said in a statement Monday. “These closures were a strategic decision based solely on business demands and changing traffic patterns.”
What Taco Bueno locations are closing?
The locations that were closed include two in Arlington, Texas, three in Fort Worth, Texas, and restaurants in North Richland Hills, Dallas, Balch Springs, Granbury and Harker Heights in Texas.
Is Taco Bueno going out of business?
An affiliate of Sun Holdings, Taco Supremo, assumed Taco Bueno’s outstanding debt and supplied $10 million in working capital to reorganize and revitalize the business. On January 15, 2019, Taco Bueno emerged from Chapter 11 bankruptcy.
Who is the CEO of Taco Bueno?
There are 141 Taco Bueno locations in the United States as of April 29, 2021.
Is Taco Bueno better than Taco Bell?
It’s the better option of taco for fast food; however, the composition of the taco as a whole is still underwhelming. Overall Taco Bueno is just a slightly better fast food version of Taco Bell, without any of the pizazz of corporate sponsorships. Both are not the best option.
What is Taco Bell worth?
Net Worth of Taco Bell in 2021 As of August 2021, the net worth of the company is $3 billion. The owner of the company is Yum! Brands.
Who is the parent company of Taco Bell?
Under our parent company, Yum! Brands Inc. Taco Bell is part of a family of fast food powerhouses which include both KFC and Pizza Hut.