A popular Mexican chain made major headlines in May when itabruptly closed 48 underperforming restaurants.
This is Rubio’ssecond bankruptcyin just a few years following an earlier Chapter 11 filing during the COVID-19 pandemic.
Rubio’s expects the sale transaction to be completed within 75 days.
Rubio’s / Facebook
Rubio’s is only the latest in a string of major bankruptcies shaking up the restaurant industry in 2024.
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