A beloved regional Mexican restaurant chain is facing some financial concerns.

According to multiple reports, including by the Lubbock Avalanche-Journal , the fast-casual chain Abuelo’s has filed in U.S. Bankruptcy Court in Texas, citing sales declines, rising costs, staffing challenges and changing consumer preferences.

Abuelo’s is owned by Lubbock-based Food Concepts International, which also filed for bankruptcy.

Abuelo’s was founded by entrepreneurs James Young, Chuck Anderson and Dirk Rambo in Amarillo in 1989. There are now 16 locations across seven states, but at one time there were more than 40 restaurants open.

“This decision is a part of a strategic reconstructing process to strengthen our long-term financial position,” Abuelo’s said in a statement obtained by Restaurant B

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