On Border has sunk

The Texas-Mexican restaurant chain On Border has filed for voluntary bankruptcy, closing 40 out of its 60 establishments (some sources report as many as 80). There is a lingering suspicion that many of these closures and the discrepancies in reported figures stem from the franchises operated under the Tex-Mex holding. It raises an intriguing question as to how those foolish individuals, who opted to invest in this “high-quality” opportunity instead of establishing their own businesses, will justify such a “remarkable” outcome; how will they explain the disappearance of their funds to their families, and why wealth has not materialized? He claims that the decision to declare bankruptcy was influenced by the market, with its inflation, "challenging conditions," rising costs, and a shortage of labor, as well as the debt that had prompted creditors to initiate enforcement actions. Imagine, when they embarked on their entrepreneurial journey, they were utterly convinced th...