This casual dining room opens new locations after bankruptcy

The pizza and the Burger chain based in Virginia plans to develop under the new property.


Bankruptcy may seem definitive and irreversible, but many companies really use legal moving to reach a faster road to recovery. One of these examples is the matchbox, a gourmet pizza chain based on the go. Based on a second line of life after the bankruptcy declaration in August.

The parent company's restaurant group is creating bankruptcy under the new property. It aims to expand its footprint with smaller locations listening to pandemic eating habits. Thompson's hospitality, an investor executing the casual catering chain since2018, agreed to pay $ 11.6 million for its assets, according toBusiness online restaurant. (In touch:8 groceries who can soon be in the short diet.)

Matchbox said he will "rationalize his store's footprint" at the time of his bankruptcy deposit, and he closed three locations permanently. According to a brand representative, these restaurants were located in Dallas, Texas; Potomac Mills, goes.; and the 14th street in Washington, D.C. The company is currently operating10 locations Through Florida, Maryland, Virginia and the Capital of the Nation.

Matchbox also plans to open three new locations in the coming months, located in the Cathedral Commons in Washington; Las Olas in Fort Lauderdale, FLA.; And Reston, goes. New restaurants will be smaller than many current locations of the brand, less than 4,000 square feet. In a press release, Matchbox said that its new growth plan was aimed at "adapting to today's demand and increased popularity of non-local restoration". The franchise is another solution in which the company hopes to develop in this new era of growth.

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Categories: Restaurants
Tags: News / Restaurants
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