Angelina’s Mexican Restaurant is a fine example of family tradition and legacy coupled with exquisite Mexican cuisine and a family dining experience. Angelina Velez had a dream to start a chain of restaurants, and in 1986, she opened her first location in The Colony, Texas. As the family’s atmosphere and delicious cuisine became increasingly popular—making expansion necessary—Angelina’s purchased a 5-acre lot in The Colony and started building her dream to seat 500 customers at one time. While building her future restaurant, she opened two additional locations in Flower Mound, Texas, and Lewisville, Texas.
Angelina gave the Flower Mound location to her daughter and son-in-law (Tina and Arturo Vargas). The couple changed the name to Cristina’s Fine Mexican Restaurant, which currently has 14 locations, and growing, in the DFW Metroplex.
Over 20 years ago, Angelina handed down the Lewisville, Texas, restaurant to her oldest son, Louis Jr. His mother, Angelina Velez, opened several restaurants and Louis grew up working in them. He branded his restaurant “Angelina’s Mexican Restaurant” in honor of his mother. Louis Velez has restaurant ownership and management experience, gained prior to graduating high school.
Angelina’s Mexican Restaurant boasts two locations in the Denton County area: one in Corinth and one in Lewisville, Texas. The Corinth location has doubled in size by expanding the dining area and creating two separate banquet rooms. The expansion, with additional seating and space for large parties and business meetings, has increased sales by 40%. The location has had consistent growth and is at capacity with its lunch and dinner services.
The restaurants are owned and managed by Louis Velez and Isabel Velez. Recently, Louis and Isabel began working with the Small Business Development Center in Corinth, located close to their flagship restaurant. After discussion with the City of Hickory Creek and the North Central Texas Small Businesses Development Center, they had an opportunity to purchase land with assistance from the city to build a new location and expand from 2,000 square feet of dining space to a two-story, 5,000 square feet new structure that includes a patio.
The company plans to construct a building and move its current Corinth location to the new location in Hickory Creek, Texas. The SBDC has been instrumental in assisting Louis and Isabel with obtaining the $200,000 land credit. The clients used the land credit, along with other equity, to obtain a $3.4M project loan to construct a new building structure. Louis and Isabel have secured a $3.1M SBA Loan for their restaurant expansion project. The new restaurant is projected to open in 2019.
Angelina’s Mexican Restaurant has realized sales increase from $1M to $1.4M and has doubled their employees from five full time staff to 10 full time and 15 part-time staff.
Loyalty and relationships have stayed equally important to both Louis and Isabel as they have built their team. Some employees have been with them for as long as 25 years. The customer relationships over the years have also been invaluable. Seeing families grown and continue to come back to their family’s homemade recipes brings them much joy.
“After working with the SBDC, our sales have increased dramatically year after year. Once we decided to expand our business once again, the SBDC worked with us to obtain a $200,000 credit on a $1 million property in Hickory Creek, Texas. We were able to use this credit towards our equity injection requirement for a $3.4 million, two-story new building that will be completed in 2019. The SBDC has worked with us on every step of the process, from creating projections, speaking with city officials and working with Boyd Capital on the loan package, as well as contact with the US SBA. If you are thinking of starting or expanding your business, I would highly recommend the North Central Texas SBDC to partner with you on any project.”