On the Border Mexican Grill & Cantina

Last updated
On the Border Mexican Grill & Cantina
Company typePrivate
Industry Restaurant
FoundedOctober 29, 1982;42 years ago (1982-10-29)
Headquarters2201 W. Royal Lane, Suite 240
Irving, Texas
United States [1]
Number of locations
74 [2]
Key people
Lyle Tick(President & CEO) [3]
Products Tex-Mex Cuisine
RevenueDecrease2.svg US$361 Million (2020)
Owner Brinker International (2009–2010)

OTB Acquisition LLC (2010–2014)

Argonne Capital Group (2014-Present)
Number of employees
5,724 (2020) [4]
Website www.ontheborder.com

On The Border Mexican Grill & Cantina is an American chain of Tex-Mex food casual dining restaurants. The chain and brand name is owned by Argonne Capital Group.

Contents

History

The first On The Border location opened on October 29, 1982, in Dallas, Texas. [5] In 1994, the chain lost its wholly owned subsidiary designation when it was merged into Brinker International as a company brand. In 2010, Brinker International sold On the Border to Golden Gate Capital. OTB Acquisition LLC, an affiliate of Golden Gate Capital, announced that it had completed its acquisition of On The Border Mexican Grill & Cantina from Brinker International, Inc. (NYSE: EAT). On April 24, 2014, the chain was sold to Argonne Capital Group, another private equity firm. [6]

In February 2025, both locations in Long Island, New York were closed permanently. [7] On March 5, 2025, On the Border filed for Chapter 11 bankruptcy protection, listing assets and liabilities between $10 million and $50 million. The company blamed inflation, rising interest costs and low traffic demand as factors contributing to the bankruptcy filing. [8]

Restaurants

The chain operates over 150 restaurants within the United States and thirteen locations (7 stores in Seoul, Bucheon, Goyang, Hanam, Suwon, Daejeon and Busan) in South Korea.

Products

The restaurant is known for its selection of fajitas and wide selection of margaritas. It is also known for "Guacamole Live," the preparation of fresh guacamole tableside. [9]

Criticism

For several consecutive years, Men's Health rated On the Border as one of the unhealthiest chains on its annual "Restaurant Report Card." In 2010, the magazine named On the Border the worst chain in its Mexican category, noting that an enchilada meal contained over 1,600 calories, and desserts typically contained over 1,000 calories each. [10]

See also

References

  1. ↑ "On The Border | Contact Us". On The Border.
  2. ↑ "Franchising Opportunities | Own Your Own On The Border!". On The Border.
  3. ↑ https://www.linkedin.com/in/tim-ward-27371619 [ self-published source ]
  4. ↑ https://www.linkedin.com/company/on-the-border [ self-published source ]
  5. ↑ Beyer, Tom (23 October 2015). "On The Border, Founded in '82, Set to Celebrate Birthday with Great Margarita Deal". Restaurantnews.com. Retrieved 20 September 2016.
  6. ↑ "Argonne to acquire On The Border". Nation's Restaurant News. 24 April 2014. Retrieved 6 July 2016.
  7. ↑ News 12 Staff (February 25, 2025). "On The Boarder restaurants in Hicksville, Holtsville close". News 12 Long Island. Retrieved February 25, 2025.{{cite web}}: CS1 maint: numeric names: authors list (link)
  8. ↑ Ma, Dorothy; Basu, Reshmi (March 5, 2025). "On The Border Becomes the Latest Restaurant Chain in Bankruptcy". Bloomberg. Retrieved March 5, 2025.
  9. ↑ "Appetizers". On The Border Mexican Grill & Cantina. 2015. Retrieved 11 July 2016.
  10. ↑ Carter, Clint (December 18, 2010). "America's Best and Worst Restaurants". Men's Health. Hearst Digital Media. Retrieved March 31, 2019. Order the cheese and onion Tres Enchilada dinner, for instance, and you'll rack up about 1,600 calories. The dessert menu is just as bad. Pick one at random and odds are you'll net an additional 1,000 calories or more.


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