Houston-based Pappas Restaurants is close to adding another Tex-Mex chain to its portfolio after winning a bankruptcy auction this week to purchase On The Border Mexican Grill & Cantina.

https://www.houstonpublicmedia.org/articles/arts-culture/food/2025/05/08/520855/on-the-border-pappas-restaurants-wins-bankruptcy-auction/

#Business #Court #Food #Houston #Local #News #Texas #BankruptcyAuction #Chapter11Bankruptcy #HoustonRestaurants #OnTheBorder #PappasRestaurants

Houston-based Pappas Restaurants wins bankruptcy auction for On The Border

The purchase is subject to court approval later this month. On The Border, headquartered in the Dallas area, operates 80 locations in the U.S. and internationally, but does not have any restaurants in the Houston area.

Houston Public Media

Houston-based Pappas Restaurants has positioned itself to purchase On The Border Mexican Grill & Cantina, a chain headquartered in the Dallas area that filed for bankruptcy earlier this month.

https://www.houstonpublicmedia.org/articles/news/business/2025/03/31/517329/houston-based-pappas-restaurants-making-bid-for-bankrupt-on-the-border-franchise/

#Business #Food #Houston #Local #News #Bankruptcy #BankruptcyCourt #Chapter11Bankruptcy #OnTheBorder #Pappas #PappasRestaurants

Houston-based Pappas Restaurants making bid for bankrupt On The Border franchise

Bankruptcy court documents show that an affiliate of Pappas Restaurants provided millions in financing to On The Border and is a stalking-horse bidder, meaning it provided the initial bid for purchasing On The Border’s assets.

Houston Public Media
Sylvester Turner’s plan to amend Houston’s airport concessions contracts criticized by Pappas Restaurants, mayoral hopeful John Whitmire

A proposed ordinance by Houston's outgoing mayor would require city council approval to terminate the existing concessions agreements at Hobby and Bush Intercontinental Airport as the city faces an ongoing lawsuit filed by a Pappas-led group, which was a longtime Hobby concessionaire that lost a competitive bid earlier this year.

Houston Public Media