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Well-liked pub and bar chain information Chapter 11 chapter

whysavetoday by whysavetoday
October 16, 2025
in Business
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Well-liked pub and bar chain information Chapter 11 chapter
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In recent times, eating places have needed to stroll a really fantastic line. To have mass enchantment, chains want to supply a sure cool issue, together with good worth.

That is one thing that Chili’s has managed to seize. There’s nothing overly cool concerning the chain, nevertheless it has leaned into worth which has form of validated your complete model.

Applebee’s had a second too powered by Walker Hayes’ “Fancy Like,” which known as out the the chain. That music, together with robust worth, helped revitalize a model that had in any other case been struggling.

Eating places reported a combined summer time, in keeping with information from the Nationwide Restaurant Affiliation.

F”orty-six % of restaurant operators stated their same-store gross sales rose between August 2024 and August 2025. That was down barely from 48% of operators who reported increased gross sales in July,” the commerce affiliation shared.

Virtually the identical quantity of eating places reported unfavorable outcomes.

“Forty-three % of operators stated their gross sales declined in August, in comparison with 42% in July.”

It is a difficult local weather that has led to quite a lot of restaurant chains failing. That record has now grown to incorporate CPG Restaurant Group.

CPG Restaurant group will not be a family title, nevertheless it owns quite a lot of ideas many individuals do.

  • Cheesie’s Pub & Grub (two places)

  • Whiskey Enterprise (bar/whiskey-focused idea)

  • Misplaced Reef Lounge

  • Broke, Excessive & Hungry (cloud kitchen/ghost kitchen idea)

  • Bob’s Bomb A** Burgers (cloud kitchen idea)

The company firm has a really restricted on-line presence other than its hiring web site, however Cheesie’s Pub & Grub has an internet site, which describes its enterprise.

“It began with lunch with a superb buddy at some point. They had been craving a grilled cheese, however there wasn’t wherever near go. Chris’s buddy talked about that she wished there was a spot that offered simply grilled cheese. That evening he went dwelling and wrote the menu, the marketing strategy, devoured a grilled cheese, and inside 3 weeks give up his job,” the corporate shared.

The chain provides a menu “impressed by his horrible consuming habits and love for meals he grew up on: mac-n-cheese, hen tenders, French fries, and grilled cheese,” however in a bar-style atmosphere.

CPG Restaurant Group has filed for Chapter 11 chapter however seems to nonetheless be working usually. The corporate’s court docket submitting stated it has a debtor-in-possession plan, nevertheless it has not filed these particulars but.

People toast with beer in glasses. Getty Images
Individuals toast with beer in glasses. Getty Pictures
  • CPG Restaurant Corp. filed for Chapter 11 chapter on October 15, 2025 within the U.S. Chapter Court docket for the Japanese District of New York.

  • The case quantity is 1-25-44958.

  • The corporate lists each belongings and liabilities within the vary of $1 million to $10 million.

  • CPG Restaurant Group reported between 1-49 collectors.

  • The submitting locations CPG into debtor in possession standing, which means it goals to proceed operations throughout restructuring.

  • No public particulars but on the total debt load, belongings, deliberate restructuring, or proposed creditor recoveries (these are usually developed in subsequent filings).

Supply:PacerMonitor

“A debtor in possession (DIP) is an organization that has filed for Chapter 11 chapter however continues to function its enterprise and handle its belongings beneath the supervision of the chapter court docket. The DIP retains management over day-to-day operations, can acquire new financing, and will suggest a reorganization plan whereas defending collectors’ pursuits,” in keeping with the U.S. Courts, Chapter 11 Chapter Fundamentals.

  • Pink Lobster : Filed in Might 2024; closed 99 places and emerged from chapter in 2025.

  • TGI Fridays: Filed in November 2024; closed 50 places and continued operations post-filing.

  • Buca di Beppo: Filed in August 2024; restructured to give attention to 44 core places.

  • Rubio’s Coastal Grill – Filed in June 2024; closed 48 places and was acquired by its lender. Wikipedia

  • On The Border Mexican Grill & Cantina: Filed in 2024; underwent restructuring to deal with monetary challenges. Bought to Pappas Restaurant Group.

  • Bar Louie: Filed in March 2025; listed belongings between $1 million to $10 million and liabilities between $50 million to $100 million.

  • Soften Bar and Grilled : Filed in June 2024; cited financial points and retailer closures as causes for submitting.

Pinstripes – Filed in September 2025; closed a number of underperforming places and restructured operations. Wikipedia

This story was initially reported by TheStreet on Oct 16, 2025, the place it first appeared within the Restaurant part. Add TheStreet as a Most popular Supply by clicking right here.

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