Good Lifestyle

Kayser House is a clip of the city of New York. The bakery chain is only in the great apple, but the status of the 16 locations is unknown. Their owner recently tabled for the bankruptcy of Chapter 11.

COSMOLEDO LLC. Lady newspapers recently showing the status of the chain after a rough 2020. In addition to the bankruptcy deposit, it's more than $ 70 million in debt and a sale of American locations. The sale is the key, however. The new potential owner of Kayser, Aurify, also bought the daily pain earlier this year.

This sale saved coffee from the closure of the property. All locations still stay closed, however,According to the coffee website. It is unclear if the Kayser house will also be defined on the backup possibly. (In touch:15 classical American desserts that deserve a return.)

If no other tenderer offers a higher payment than US $ 3 million in cash, the sale will be completed. Should this happen, the list of restaurants of New York's company would grow. They also have the locations of the city of the Burger Chain five guys.

After opening up in Paris in 1996, Keyser House expanded 22 countries around the world. In 2012, they landed in the United States on the upper side of Manhattan. Cosmédo eventually hoped to move into other cities from the country but has never been able to do it. A New York Location Reorganization Plan stopped when Coronavirus Pandemic forced them to pause. Instead of only doing closing stores that did not work well before March, they were forced to agree about 800 employees, record for bankruptcy and sell the brand because the city's reopening plan was not going suffice,Bloomberg.

Kayser House is hardly the first bakery or restaurant to file a bankruptcy this year.Garbanzo Fresh Mediterranean Is one of the last, but some locations will remain open while the company is reorganized.

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