ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
“You need to follow trends...if you see what people want, adapt to it. You obviously evolve or go extinct, right?”
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Popular food blogger Ricky Ly of Tasty Chomps shared this advice for Tijuana Flats, a locally-based Tex-Mex chain working to emerge from Chapter 11 bankruptcy.
Tijuana Flats’ reorganization plan hinges on a significant turnaround as the company faces a July 1, 2025, deadline to begin repaying creditors. Failure to demonstrate sufficient progress could result in a six-month extension, but at the cost of an additional 1% added to the principal owed, according to legal filings.
That amounts to an additional $160,000 on the $16 million principal.
Click here to read the full story on the Orlando Business Journal’s website.
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