Rubio's Coastal Grill Files for Bankruptcy, Closes 48 California Locations

The popular fish taco chain cites rising business costs and a recent minimum wage hike as key factors in its financial struggles.

Rubio's Coastal Grill will keep 86 locations open in California, Arizona, and Nevada.
The chain has over $100 million in debt and is seeking a court-supervised sale for long-term stability.
This is Rubio's second bankruptcy filing in less than four years, following a previous restructuring in 2020.
The recent closures include all Northern California locations and 13 in San Diego County.
The company attributes its financial difficulties to California's recent $20 minimum wage law for fast-food workers.