10 Restaurant Chains Facing Bankruptcy In 2024

On Sept. 11, BurgerFi International, Inc., the parent company of BurgerFi and Anthony's Coal Fired Pizza & Wings, announced that it has filed for Chapter 11 bankruptcy to "preserve the value of its brands for stakeholders.

BurgerFi

Following mass closures and a drop in system sales last year, the fast-casual Mediterranean chain Roti officially announced a Chapter 11 bankruptcy

Roti

World of Beer Bar & Kitchen was once one of the country's fastest-growing casual-dining brands, but the chain has fallen on hard times since its heyday a decade ago. Restaurant Business reported that the chain

World of Beer

At the end of July, Buca di Beppo made headlines after closing 13 locations. Now, the chain is looking to position itself for success by filing for Chapter 11 bankruptcy.

Buca di Beppo

After 40 years in business, the iconic New York City fine dining eatery Gotham Restaurant is contending with bankruptcy and has temporarily closed its doors to customers. Gotham Restaurants LLC, the restaurant's parent

Gotham Restaurant

One Table Restaurant Brands—the parent company of the salad chain Tender Greens and the Mexican chain Tocaya—officially filed for Chapter 11 bankruptcy on July 17.

Tender Greens & Tocaya

On June 14, Melt Bar & Grilled, a Cleveland, Ohio-based restaurant chain known for its gourmet grilled cheese sandwiches, filed for Chapter 11 bankruptcy.

Melt Bar & Grilled

Just a few years after declaring bankruptcy during the COVID-19 pandemic, Rubio's officially announced its second Chapter 11 bankruptcy filing on June 5.

Rubio's Coastal Grill

About a week after making headlines for abruptly closing dozens of locations, Red Lobster announced it had filed for Chapter 11 bankruptcy.

Red Lobster

In April, Tijuana Flats, the Florida-based Tex-Mex restaurant chain, shared several restructuring plans, one of which was filing for Chapter 11 bankruptcy protection.

Tijuana Flats

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