Buca di Beppo maintains operations of 44 restaurants across 14 states amid Chapter 11 bankruptcy

Photo byBuca di Peppo via Facebook.

According to Nation's Restaurant News, the family-style Italian restaurant based in Orlando, Florida, Buca di Peppo, filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Northern District of Texas.

The court filing indicates the restaurant chain owes 30 creditors between $15 million and $50 million. The chain has experienced declining sales, higher costs, staffing issues, and "changes in consumer preferences." The chain was also affected by the 2020 pandemic.

The court filing came shortly after previously closing over a dozen locations. The chain still has 44 restaurants in 14 states plus two international locations. Still, it's opening another location. The chain indicates the remaining restaurants will continue to operate and restructure.

Buca di Peppo isn't the only restaurant that had to seek help. Red Lobster is another one.

Photo byBuca di Peppo via Facebook.

Buca di Peppo is known for its spaghetti and giant meatballs and it's 50% off on Meatball Mondays. In Missouri, Buca di Peppo is located on the Country Club Plaza at 310 West 47th Street in Kansas City. Visit here for its summer specials.

Buca di Peppo's founder was Phil Roberts. Its parent company is Planet Hollywood International, Inc. as of 2008. The founder and CEO of Planet Hollywood is prominent entrepreneur, Robert Earl. Earl acquired Buca, Inc. in 2008 along with its brand of Buca Di Peppo restaurants. Earl is also on the Advisory Board of the Boston University School of Hospitality Administration (SHA).

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