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El Rio Grande - The history
In 1975, Michael Weinstein who was a law-school dropout and a young New York City investment banker with two friends invested $6,000 to open the Museum Cafe near his home on Manhattan's Upper West Side.
El Rio Grande is a subsidiary of Ark Restaurants. Ark Restaurants Corp. is a holding company that, through subsidiaries, was operating 26 restaurants, two bakeries, and two corporate dining facilities in 1996. The company owned the bakeries and 20 of the restaurants. Although Ark's restaurants had no single format, most of its restaurant was in New York City and offered a wide range of moderately priced food. Many were big, open spaces that could seat a large number of diners. In 1997, the company started a group of restaurants in a new Las Vegas hotel and casino that were capable of feeding as many as 25,000 people a day.