70-year-old Mexican dining chain closes location, no bankruptcy

Smaller Mexican restaurant chains have faced adversity in 2025, with several struggling establishments closing locations and, in some cases, going out of business. In most cases, restaurant chains blamed similar reasons for shutting down locations or their whole business, including the rising cost of labor and products, a decline in customer traffic and sales, and lease rates that no longer make sense. Mexican restaurant chains close locations Matteo's Authentic Mexican Food closed all four of its rest ...