Taco Cabana company history timeline

1978

Started as a taco stand in 1978, the company pioneered the concept of "patio cafes," which are semi-enclosed patio dining areas decorated in festive Mexican themes.

1986

Finally, in 1986, Felix Stehling's two brothers left the company, and the founder of Taco Cabana was once again solely in charge.

1987

Hired as the executive vice-president in 1987, Cervera was responsible not only for implementing a strategic expansion plan that Stehling and he had conceived, but the new manager was also responsible for many of the day-to-day operations at the firm.

1990

By 1990, the company had added a number of new restaurants to its chain and began expanding into neighboring states.

For his effort and accomplishments, Cervera was appointed president of the company in 1990.

1991

The company was now experiencing explosive growth with a private placement in 1991 and the purchase of four restaurants owned and operated by Sombrero Rosa.

1992

Another private placement was made the following year, with the acquisition occurring during the early part of 1992.

By the end of 1992, the company had gone public with its first stock offering and counted 17 restaurants that were managed and operating under the name Taco Cabana.

In 1992, the Supreme Court decided the case in favor of Taco Cabana and awarded the firm $3.7 million in damages from Two Pesos.

1994

There was no doubt that Cervera had done his job well, and, assured that the company was in good hands, Stehling resigned as chairman of the company in 1994.

In 1994, sales skyrocketed to $127 million.

1995

In 1995, Cervera resigned from his position at Taco Cabana and became the new president of the House of Blues restaurant chain.

1995: Stephen Clark is named president and chief operating officer.

1996

Near the end of 1996, under Clark's direction Taco Cabana opened up a new type of restaurant in Dallas to test non-traditional market locations and prototype units for smaller, community-based, markets.

1999

——, "Taco Cabana Unveils New Look, Eyes Expansion," Nation's Restaurant News, April 19, 1999.

2000

By 2000, Taco Cabana had spent nearly $30 million upgrading and revamping its image.

2001

"Carrols Finishes $153M Taco Cabana Buyout," Nation's Restaurant News , January 8, 2001.

"Taco Cabana Opens New Test Concept," Journal Record , September 13, 2001.

In order to remain competitive in the fast casual segment of the restaurant industry, Taco Cabana began to develop a new store prototype in 2003 that would feature eight-foot char-grills in the restaurants. It introduced a new Mexican Grill concept in 2001 that included made-to-order, fresh-grilled chicken, pork, beef, and shrimp.

2003

In order to remain competitive in the fast casual segment of the restaurant industry, Taco Cabana began to develop a new store prototype in 2003 that would feature eight-foot char-grills in the restaurants.

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1978
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Taco Cabana may also be known as or be related to Taco Cabana, Taco Cabana 219, Taco Cabana Inc and Taco Cabana, Inc.