The Farallon Restaurant and Bar (as it was originally named) was established in August 1992 in the middle of Olas Altas Beach and at the beginning of the Romantic Zone in Puerto Vallarta by the Brambila family, a family with a history in the restaurant business for more than 45 years. The Farallon restaurant and bar has always been family managed and a family oriented business.

Later on, when the business was in its first years, it became very popular for tourists and locals alike. The restaurant's greatest attraction was its relaxing and casual ambience, its delicious margaritas, ice cold beer, seafood and a little pet donkey (burro) which one of the owners had rescued. This little donkey became the restaurant's mascot and best asset. Thanks to this little burro and the tourists, the restaurant got its new name THE FARALLON RESTAURANT AND BURROS BAR and, eventually, all the tourists and patrons would say from there on, "let's go to the Burros Bar!!!!"