Daily Archives: March 8, 2013

You don’t say

“If I tell you a rooster can pull a freight train, hitch him up.”

Office This developer Max Cole, who says that was his father’s favorite saying, and he now regularly uses it to tell people they should believe him

Ajax International Group files Chapter 11; Some Taco Tico restaurants to reopen

WICHITA — Ajax International Group filed Chapter 11 bankruptcy on March 8, which should allow a number of Taco Ticos to reopen around Wichita and possibly in a few other areas.

The state seized the assets of Ajax, which owns Taco Tico, and closed 10 of the restaurants in Wichita, Derby, Dodge City, Arkansas City and Topeka on Monday for failure to pay almost $435,000 in taxes.

“We have been in discussion with the Department of Revenue, and we have reached an agreement that will allow for (the Taco Ticos) to reopen,” says Bill Zimmerman, who is owner Mohmood Karim’s attorney.

Zimmerman says Karim may be back in the buildings as early as today.

“Physically, how soon the stores can be up and running, I don’t know,” he says.

Zimmerman says part of the company’s problem in getting behind on taxes and other bills was underperforming stores.

“They had some stores that simply weren’t making money,” he says. “Not all the stores will reopen, I know that. … But I don’t know which ones specifically yet.”

Zimmerman says the company owes some suppliers money as well but that taxes are the main issue for Ajax and Karim.

“They’re hopeful that they can make money with the stores that stay open … and pay the debts under the reorganization.”

Derby Mattress Hub to move to Derby Marketplace and expand

WICHITA — The Derby Mattress Hub is moving to the Derby Marketplace at North Rock Road and Tall Tree Road.

“We just think the growth of Derby is fantastic,” says Ryan Baty, who founded the Wichita company with Mark Barrientos in 2008. “There’s a lot of retail opportunities out of that new development.”

The current store, which licensee Sharon Kinney calls an outlet store, is at 105 S. Baltimore Ave.

The new store, which will open by Memorial Day, will be in 4,000 square feet in front of Target in the same center where Capitol Federal and Cox Communications are.

Kinney likely will still be involved with the new Mattress Hub, but it will now be a corporate store.

“Our goal is we really want to maximize … the mattress business in Derby,” Baty says. “If we brought the corporate store down there with the corporate concept … I think Derby would be better served.”

He says that means a “very upscale, very spacious” store.

“We also have further expansion into Kansas City that’s happening and in southwest Missouri,” Baty says.

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