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.
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