A popular Tex-Mex restaurant chain has closed all of its Georgia restaurants and filed for bankruptcy.
On the Border voluntarily filed for Chapter 11 bankruptcy protections Tuesday, according to documents filed in Georgia Northern Bankruptcy court. The restaurant is owned by Atlanta-based Argonne Capital Group , which also operates Applebee’s, IHOP and Wingstop franchises.
“This restructuring is the best path forward for On The Border. It allows us to address several financial and operational challenges and emerge stronger and refocused on our growth,” president Chris Rockwood said…