Weathering the storm: New lease on life

Weathering the storm: New lease on life

When chief financial officer Steve Tanner looked at the numbers, he knew that Real Mex Restaurants needed to work out a new deal with its landlord for the leased Acapulco location in Portland, Ore.—and fast.

That branch of the industry’s largest Mexican casual-dining system was posting negative cash flow of more than $200,000 a year—eight times the amount that makes Real Mex’s veteran CFO put a restaurant on his watch list. So Tanner called Tom Mullaney, a partner in Huntley, Mullaney

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