This adored burger chain declared bankruptcy

The fast food chain showed a major promise two years.


Chloe's rapid vegan channel told the bankruptcy of Chapter 11 after a tumultuous year. In its bankruptcy, which has also cited the effects of the current COVID-19 pandemic, the company based in New York has revealed that the monthly income has decreased by 67% since February.

By Chloe Catapulted to fame in 2015 as one of the first brands to offer at Vegan takes fast restaurants. He operated 14 restaurants in March, including nine were located in the Empire State. Since then, the company has temporarily closed three locations in the city of New York and frozen or licensed more than half of its staff, according toRestaurant Business.

The remaining locations, which also include shops in Boston, Los Angeles and Providence, will remain open by the bankruptcy procedure, according toEater. The chain hopes to go on sale in mid-February. (In touch:More Saddes restaurant closures in your state.)

By Chloe is no stranger to the legal drama. The company has been involved in aLegal confert in progress With Chloe Coscarelli, since his chief counterpart was ousted from the company in 2017. The chain seemed to be on a growth path, ensure aInvestment of $ 31 million in 2018 For planned expansion to add 20 new locations within two years before the pandemic.

A vegan fast food juggerner, the chain has been the best known for its minimum plant catches, which included vegan versions of mac 'n' cheese, fried chicken and cookies. He had also defended one of the first rapid relaxed vegan hamburgers.

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Categories: Restaurants
Tags: Bankruptcy / Burgers / News
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