This fun restaurant chain can go bankrupt
The unique establishment known for its games and sports viewers is close to going.
The restaurant where you will catch a basketball match and play your favorite arcade game for halftime is close tobankruptcy.
Dave and Buster's announced that it is up to 1,300 employees in seven states by November 8th.and warned that the company canhave to deposit for bankruptcy If he can not reach a business with his lenders. Dave and Buster's was one of the chains to behit the hardest during the pandemic As it was not equipped to offer delivery or meals in the same way traditional channels were. Not to mention, the channel makes the majority of its income from the games that are allInside its locations. (In touch:15 classical American desserts that deserve a return)
The company has been able to buy a little extra time that has negotiated a debt transaction with its lenders who will support itUntil November 1st. However, if this agreement is not extended after that date,The chain will have no choice but to file a bankruptcy. However, the beloved chain has been able to avoid the deposit of Chapter 11 longer than Chuck E. Cheese, which is also generally frequented for its games and attractions. The parent company of the friendly chain of the familydeposited for bankruptcy At the end of June to try to support its "long-term strategic plans".
As of September 9, Dave & Buster reopened 89 of its 137 stores at the national level. Always, almost allThe locations of the brand In California, New York, New Mexico, Michigan, Louisiana and Washington remain closed. The locations of Colorado and Massachusetts are set to reopen shortly. Like most restaurants, the company was not prepared financially for mandatory closures and damage can be too important to come back.
"We have not planned how much and how long the prescriptions of the Pandemic and the Related Government Locking Government would have an impact on our activities. We have not expected that the locked orders, initially Emitted for short durations in only a few cities, would spread throughout the country. And to be extended several times, "Kathryn Rainy, Senior Human Resources Director of Dave & Buster," said Colodo in aPrevention letter.
