Support Local Journalism, Join the SA Current Press Club.

Thursday, July 1, 2021

San Antonio-based Taco Cabana sold to California company for $85 million

Posted By on Thu, Jul 1, 2021 at 10:25 AM

Taco Cabana has been sold to California Jack in the Box franchisee for $85 million. - INSTAGRAM / TACO CABANA
  • Instagram / Taco Cabana
  • Taco Cabana has been sold to California Jack in the Box franchisee for $85 million.
First Whataburger sold a major stake to a Chicago investor, and now Tex-Mex giant Taco Cabana's ownership is headed West.

Fiesta Restaurant Group, the owner of the iconic San Antonio-based chain, revealed Thursday that it’s selling the 148-store business to franchise operator Yadav Enterprises of Fremont, California.



Taco Cabana officials confirmed to the San Antonio Business Journal that the Tex-Mex restaurant chain will remain headquartered in the Alamo City after the deal's expected closure this fall.

The sale will allow Dallas-based Fiesta to focus on its Caribbean restaurant chain Pollo Tropical, which is based in Florida, officials with the ownership group said.

Yadav Enterprises is the largest Jack in the Box franchisee and one of the largest Denny’s and TGI Friday’s operators.

Of Taco Cabana’s 148 locations, 142 are company-owned in Texas and six are franchised in New Mexico.

So many restaurants, so little time. Find out the latest San Antonio dining news with our Flavor Friday Newsletter.

Tags: , , , , , , , , , , , , , , , , , ,

Support Local Journalism.
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the San Antonio Press Club for as little as $5 a month.

Read the Digital Print Issue

July 14, 2021

View more issues

Newsletters

Join SA Current Newsletters

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.

Calendar

© 2021 San Antonio Current

Website powered by Foundation