HOUSTON Mexican Restaurants Inc. has sold its six-unit La Senorita chain to Hacienda Mexican Restaurants for $2.6 million. The company said Tuesday that proceeds would be used to pay down corporate debt, which stood at $7.5 million in December.Mexican Restaurants, which now operates or franchises 73 restaurants under the casual-dining brands Casa Olé and Monterey’s Tex-Mex Café, as well as the fast-casual Mission Burrito, said the sale is part of its strategy to pare down holdings ...
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Contact: Desiree Torres Desiree.Torres@penton.com