Editor's note: This story has been updated to reflect the number of units in a franchise agreement in New Jersey and initial unit start-up costs. Margaritas Mexican Restaurant, a 23-unit casual-dining chain based in Portsmouth, N.H., has named Hugo Marin president as it begins a franchising push. “I’m still in the acclimating phase,” Marin said of his new job, and added that the company’s focus was to franchise more restaurants. The first franchise opened in ...

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