Good Lifestyle

Bankruptcy deposits continue to grow in the casual restaurant industry. Unprecedented financial problems brought by the pandemic force part of theLonger chains To restructure their activities, shutter locations, and if all the rest fails, stop. (To find out which restaurants can leave your city, check9 restaurant chains that have closed hundreds of locations this summer.)

The last victim of this year's turmoil in the food services sector is Sizzler USA.One of the oldest and most affordable steakhouse chains states that the bankruptcy of Chapter 11 In order to try to reduce the debt accumulated by "long-term interior dining closures and refusal owners' owners to provide a necessary rent reduction", according to theStatement of the company.

Although this does not mean that the channel will disappear, some store closures are possible when the mark is trying to renegotiate the results of the 14 locations belonging to the company. The 90 locations used by franchises should not be affected by the deposit, according to the declaration.

Sizzler, with the seat of the Mission Viejo, California, was founded in 1958 as one of the first relaxed steakhouses for the masses. He appreciated great popularity during the 1970s and 1980s when he exploited hundreds of locations in the western United States. The chain is known for steak, seafood and an unlimited salad bar, which has been closed in most of their locations like many other buffet-style services this year. (In touch:19 things you need to know before eating at the buffet Restaurants.)

According toNews from the Nation's restaurantThe steakhouse currently serves guests at 41 dinner locations and offers outdoor seats just 38 locations. The effects of stops were exacerbated by the majority of Sizzzler's restaurants are located in California, which found current restrictions on interior restoration because of a point in the case of coronavirus this summer.

This is the second deposit of the bankruptcy of society. The first, which took place in 1996, prompted the closure of 130 Sizzzer locations.

do not forget toSubscribe to our newsletterTo get the latest news from the restaurant delivered directly to your inbox.