Another BBQ and tacos restaurant files Chapter 11 bankruptcy

Working with family has its challenges, but family companies contrivance up a huge part of the Unites States personnel. These companies are a indispensable part of the economy, but they face indispensable survival struggles.

"From native retailers to Fortune 500 companies, family-owned enterprises power a host of the country’s economic job and employment. This makes their success an indispensable for overall economic neatly being," Business Initiative reported.

The numbers are actually impressive:

• Family-owned companies yarn for 87% of all change tax returns in the U.S., with 32.4 million family companies
• Family companies make a contribution 54% of non-public sector GDP ($7.7 trillion) and employ 59% of the deepest-sector personnel

And family-owned change if truth be told have a moderately first rate chance of success.

"The in style existence span of a family-owned change is 24 years  About 40% of U.S. family-owned companies transition exact into a 2nd-technology companies, approximately 13% are handed down successfully to a third technology, whereas 3% continue to exist to a fourth or beyond," based on recordsdata reported by Cornell's SC Johnson College of Business.

Restaurants, on the other hand, haven't got the same note record.

Related: Iconic informal restaurant chain faces 'woke' customer controversy

"A leer by two economists at UC Berkeley stumbled on that 17% of independently owned full-provider restaurant startups failed of their first year. A same leer published in Cornell Hospitality Quarterly stumbled on that up to 26% of honest restaurants failed of their first year of operation," a advise from Oregon Teach shared.

Working a restaurant has never been easy, and most fresh market circumstances, which consist of rising rents and labor costs, have claiming native favorites that had indispensable followings.

Burnt BBQ & Tacos recordsdata Chapter 11 economic ruin

Burnt, LLC, operating as Burnt BBQ & Tacos, a restaurant change based in Plano, Texas, specializing in BBQ and taco choices, has filed for Chapter 11 Subchapter V economic ruin protection in the Northern District of Texas.

The filing on July 23, 2025, confirmed that the restaurant had resources of not up to $50,000 and liabilities between $100,001-$500,000.

Burnt BBQ & Tacos operates from its predominant plan at 2929 Custer Boulevard in Plano and has elected to proceed as a small change debtor.

Court docket paperwork level to the change has fewer than 50 collectors, and the debtor reviews that after administrative prices are paid, no funds will most certainly be on hand for distribution to unsecured collectors.

"Founded in 2020, Burnt BBQ & Tacos is one amazing BBQ joint altering the style you have a examine BBQ and tacos one dish at a time. We're undeniably genuine, correct to flavor, and irresistibly rattling good. We steal pleasure in our ability to lift essentially the most weird flavors to BBQ and fragment them with Plano and surrounding areas," the corporate shared on its net station.

More Financial trouble:

• Current pizza dining chain franchisee recordsdata Chapter 11 economic ruin
• Vital trucking operation recordsdata Chapter 11 economic ruin
• Las Vegas casino owner recordsdata for Chapter 11 economic ruin

Burnt BBQ & Tacos has not shared a funding belief or made it certain whether or not it plans on persevering with to characteristic. It at this time is taking pickup and provide orders on its net station.

The Mexican and BBQ restaurant's social media has not acknowledged the Chapter 11 filing. Its most-most fresh submit touted one of its rubs that will most certainly be purchased on-line.

"Ready to steal your model buds on a refreshing ride? Our Citrus Rub is here to brighten up your BBQ ride with its zesty, tangy flavors. Completely seasoned and fully irresistible, or not it is a should-strive for anyone who loves quite citrus twist of their meal. Swing by Burnt BBQ & Tacos and take care of your self nowadays," it shared on Fb.

Mexican restaurants that closed in 2025

• Cascabel Mexican Patio (San Antonio, TX): Closed after 22 years on July 22, 2025, because of economic rigidity, building disruptions, and parking changes.
• MXO (West Hollywood, CA): Upscale Mexican steakhouse closed July 21, 2025, below a year after opening in Sept. 2024.
• De Noche (Portland, OR): Small‑plates Pacific Northwest-style Mexican opened in 2022; permanently closed in May 2025 as part of República & Co. reorganization.
• La Bartola (Toronto, Canada): Vegan plant‑based Mexican dining operated from June 2020 except closing March 15, 2025.
• Fernando’s Mexican Cuisine (Dallas & Richardson, TX): Each locations closed May 18, 2025, after two decades, because of rent considerations.
• Guerrilla Tacos (Arts District, Los Angeles): Pioneering Mexican thought by Wes Avila closed January 31, 2025, after 13 years.
• La Lupita Mexican Eatery (Richmond, CA): Completely closed as confirmed in July 2025 advise.

These BBQ restaurants closed in 2025

• AJ’s Pit Bar‑B‑Q (Denver, CO): Michelin‑acknowledged, closed in February 2025 after workers stroll‑out and PPP fraud costs.
• Del Toro BBQ (Mansfield, TX): Central Texas‑style BBQ fusion discover 22 situation, closed June 23, 2025, as part of community closures by Local Well-liked Restaurants.
• Gessner’s Grub BBQ (Houston, TX): Closed May 12, 2025; owner cited neatly being considerations, protection force‑related, after operating since 2019.
• Smokey Bones Bar & Fire Grill (Roanoke, VA): Valley Peep Mall plan closed July 6, 2025; part of broader closures across the chain.

As much as 30 Smokey Bones restaurants are either closing or converting to Twin Peaks restaurants in 2025.

Related: Current pizza and beer chain recordsdata for Chapter 11 economic ruin