Enrique and Victor Hernandez were born in Mexico City, Mexico. Their family has been in the restaurant business a long time. In fact, the Burrito Poco Loco and Chili Colorado Sauce are their Grandmother's recipes.

They moved to Champaign in 1993 and opened their first restaurant, Cancun, at the Philo location. In 1998, their partner moved to Indianapolis to open another Cancun. That's when they changed to the Margarita's name. Now they have two restaurants and an international convenience store, Cinco de Mayo, which stocks mainly Mexican and South American products.