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Ink Man

(171 posts)
Tue Dec 16, 2014, 03:23 PM Dec 2014

So Cal restaurant icon dies at 90.

http://www.dailypilot.com/news/la-me-ln-larry-j-cano-founder-of-el-torito-chain-has-died-at-90-20141215,0,4703845.story

Larry J. Cano dies at 90; founder of El Torito restaurant chain.

Larry J. Cano, who took over a defunct Polynesian restaurant in Encino in 1954 and turned it into the first El Torito restaurant, building it into a worldwide chain that fed a growing appetite for Mexican food, died Wednesday at his home in Corona del Mar. He was 90.

He was operating 22 El Torito locations when he sold the chain to New York conglomerate W.R. Grace & Co. in 1978. He stayed on for a decade as president, overseeing its expansion into a nationwide chain with 190 restaurants and annual sales of more than $425 million by 1987.

In 1988 he stepped down as president but remained in the business, operating several specialty restaurants, including Cano's in Orange County. <snip>

My first job was parking cars at his Cano's Seafood Of Mexico in Newport Beach in 1977. He drove a emerald green Rolls Royce Corniche and we parked it right in front. He told us about how he started as a busboy when he was our age and how we could do great things if we would take a risk or two.
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So Cal restaurant icon dies at 90. (Original Post) Ink Man Dec 2014 OP
Rest in peace shenmue Dec 2014 #1
That whole "Taking risk" thing is so 20th century nichomachus Dec 2014 #2

nichomachus

(12,754 posts)
2. That whole "Taking risk" thing is so 20th century
Tue Dec 16, 2014, 04:20 PM
Dec 2014

Look at the people who run Uber and Airbnb. They are making hundreds of millions of dollars and have insulated themselves from almost all risk. They take no responsibility for anything that happens, but they get tons of money.

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