Buca Di Beppo Files For Bankruptcy

Source: RBL/Bauer-Griffin / Getty

Buca di Beppo, the popular family-style Italian restaurant chain, has filed for Chapter 11 bankruptcy as of August 5, 2024.

The company, based in Orlando, reported having assets between $0 and $50,000, while owing between $15 million and $50 million to at least 30 creditors.

Buca di Beppo has approximately 44 locations across 14 states and 2 international locations.

This decision follows a series of location closures in recent weeks as the company seeks to reorganize and manage its debt by canceling leases on several locations.

The locations that have closed and the company is seeking to reject the leases include:

• 7111 West Ray Road, Chandler, Arizona
• 3612 Tudor Boulevard, Austin, Texas
• 38888 Six Mile Road, Livonia, Michigan
• 615 Flatiron MarketPlace Drive, Broomfield, Colorado
• 202 West 300 South, Salt Lake City, Utah
• 935 East Fort Union Boulevard, Midvale, Utah
• 10915 Carolina Place Parkway, Pineville, North Carolina
• 6045 East 86th Street, Indianapolis, Indiana
• 15350 South 94th Avenue, Orland Park, Illinois
• 2745 Paper Mill Road, Wyomissing, Pennsylvania
• 44 Wolf Road, Colonie, New York
• 2335 Mansell Road, Alpharetta, Georgia

The first-day hearing is set to take place on Wednesday, August 7, 2024, at 10:30 a.m. Central Time.

The post Buca Di Beppo Files For Bankruptcy appeared first on WIBC 93.1 FM .