La Casa de Toño, a prominent Mexican family-owned restaurant chain, is reportedly exploring a sale. The deal could be valued at over $400 million, signaling a significant financial transaction for the popular eatery.

Sources familiar with the matter indicate the potential sale is driven by a desire for expansion. This strategic move aims to leverage external investment to fuel the growth of the business.

Founded in 1991, La Casa de Toño has become a beloved name in Mexico City, known for its pozole and other traditional dishes. The chain has built a strong reputation for quality and affordability, attracting a loyal customer base across its numerous locations.