Acapulco Mexican Restaurant and Cantina facts for kids
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Subsidiary | |
Industry | Restaurants |
Founded | 1960 |
Parent | Xperience Restaurant Group |
Acapulco Mexican Restaurant and Cantina is a chain of restaurants that serves Mexican food. It started in 1960 in Pasadena, California. Today, you can find Acapulco restaurants in California and Oregon. The company that owns Acapulco is called Xperience Restaurant Group.
Contents
The Story of Acapulco Restaurants
Acapulco Mexican Restaurant and Cantina has been around for a long time. Let's look at some important moments in its history.
Early Years and New Owners
The first Acapulco restaurant opened in 1960. In 1985, a company called Restaurant Associates bought Acapulco. Later, in 1998, another company named Compass Group bought Restaurant Associates.
Becoming Part of a Bigger Group
After these changes, Acapulco became part of a new company. This company was called Real Mex Restaurants. Real Mex Restaurants grew by adding other popular Mexican food chains. These included El Torito and Chevys Fresh Mex.
Changes and Challenges
In 2006, a company called Sun Capital Partners, Inc. bought Real Mex Restaurants. This was a big purchase. However, in 2011, Real Mex Restaurants faced some tough times. They had financial problems and needed to reorganize. This process is called Chapter 11 bankruptcy. They decided to sell the company. In 2012, a group of their lenders bought Real Mex Restaurants.