Chevys Fresh Mex - History

History

The chain was founded in 1981 by Warren Simmon his son Scooter Simmon, when they opened their first restaurant in Alameda, California. It grew to 37 restaurants across California by August 1993, when it was acquired by PepsiCo subsidiary Taco Bell. When PepsiCo decided to exit the restaurant business in 1997, Chevys was sold to the investment group J.W. Childs Associates. In 1999, Chevys purchased Rio Bravo Cantina, a poorly performing chain of Mexican restaurants with 66 locations in the United States, from Applebee's International for $59 million.

However, business was poor at the Rio Bravo locations, and in 2003 Chevys' executives filed for Chapter Eleven bankruptcy protection. For the next year and a half, Chevys operated as debtor in possession under Chapter Eleven. In January 2005, Chevys and Fuzio Universal Pasta were acquired by Real Mex Restaurants, Inc., the Long Beach, California-based parent company of El Torito Restaurants and Acapulco Mexican Restaurants. Because of that, Real Mex Restaurants became the largest operator of full-service Mexican restaurants in the United States.

On October 3, 2011, Real Mex Restaurants filed for Chapter 11 bankruptcy and announced that it was putting itself up for sale, citing the poor economy as a reason. As part of the bankruptcy filing, no plans were announced to shut down restaurants or lay off staff. Despite this, in December of 2011, a number of Chevys were closed, including the following locations: Anaheim Hills, CA; Livermore, CA; Pleasanton, CA; Redwood City, CA; San Diego, CA; San Francisco-Van Ness Avenue, CA; San Jose-Coleman Avenue, San Jose-Curtner Avenue, CA; San Jose-S. Winchester Boulevard, CA; Tracy, CA; Champaign, IL; Brick, NJ; and Lawrenceville, NJ., On February 19, 2012, the Dixon, CA; Pleasant Hill, CA; San Leandro, CA; and Gaithersburg, MD, locations closed. On February 21, 2012, the Arlington, Virginia location at Ballston Common Mall closed.

Real Mex was acquired by a group of its noteholders in a bankruptcy auction in 2012.

Read more about this topic:  Chevys Fresh Mex

Other articles related to "history":

Casino - History of Gambling Houses
... that gambling in some form or another has been seen in almost every society in history ... and Romans to Napoleon's France and Elizabethan England, much of history is filled with stories of entertainment based on games of chance ... In American history, early gambling establishments were known as saloons ...
History of Computing
... The history of computing is longer than the history of computing hardware and modern computing technology and includes the history of methods intended for pen and paper or for ...
Xia Dynasty - Modern Skepticism
... The Skeptical School of early Chinese history, started by Gu Jiegang in the 1920s, was the first group of scholars within China to seriously question the traditional story ... early Chinese history is a tale told and retold for generations, during which new elements were added to the front end" ...
Voltaire - Works - Historical
... History of Charles XII, King of Sweden (1731) The Age of Louis XIV (1751) The Age of Louis XV (1746–1752) Annals of the Empire – Charlemagne, A.D ... Essay on the Manners of Nations (or 'Universal History') (1756) History of the Russian Empire Under Peter the Great (Vol ... II 1763) History of the Parliament of Paris (1769) ...
Spain - History - Fall of Muslim Rule and Unification
... The breakup of Al-Andalus into the competing taifa kingdoms helped the long embattled Iberian Christian kingdoms gain the initiative ... The capture of the strategically central city of Toledo in 1085 marked a significant shift in the balance of power in favour of the Christian kingdoms ...

Famous quotes containing the word history:

    Hence poetry is something more philosophic and of graver import than history, since its statements are rather of the nature of universals, whereas those of history are singulars.
    Aristotle (384–322 B.C.)

    Properly speaking, history is nothing but the crimes and misfortunes of the human race.
    Pierre Bayle (1647–1706)

    The second day of July 1776, will be the most memorable epoch in the history of America. I am apt to believe that it will be celebrated by succeeding generations as the great anniversary festival. It ought to be commemorated, as the day of deliverance, by solemn acts of devotion to God Almighty. It ought to be solemnized with pomp and parade, with shows, games, sports, guns, bells, bonfires and illuminations, from one end of this continent to the other, from this time forward forever more
    John Adams (1735–1826)