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A Kansas-based one restaurant group with several steak and seafood locations in Kansas, Missouri, Minnesota, Colorado, Virginia, Nebraska and Iowa, has filed for bankruptcy.
801 Restaurant Group LLC Last Friday, the company filed for Chapter 11 reorganization in the US Bankruptcy Court in Kansas, the company confirmed to Fox Business.
The company owns several companies that operate restaurants such as 801 Chophouse, 801 Fish and 801 Local.
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“The companies that own and operate the restaurants are not bankrupt, and there are no plans or need to file for bankruptcy,” 810 Restaurant Group said in a news release.
“The individual restaurant companies that are operating successfully are not affected by 801 Restaurant Group’s Chapter 11 filing.”
An 801 Chophouse in Kansas City, Mo. (Google Maps / Google Maps)
The company added that it became necessary to restructure because of guarantees it has made to other companies it owns, including 801 Fish in downtown Denver and 801 On Nicollet in Minneapolis, both of which have closed.
“The purpose of Chapter 11 is to restructure these and other liabilities for which 801 Restaurant Group is liable,” the press release said.
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An 801 Chophouse in Omaha (Google Maps / Google Maps)
The court file shows liabilities totaling approximately $18.7 millionThis is evident from documents obtained by Fox Business.
The company said the application is “not expected to have any impact on the remaining sites,” which will operate normally during their restructuring.
An 801 Chophouse in Minneapolis (Google Maps / Google Maps)
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The restaurants that remain open include 801 Chophouses in Denver, Des MoinesOmaha, Kansas City, Leawood, St. Louis, Minneapolis and Tysons Corner in the Washington, DC area, and 801 Fish in St. Louis.
The Des Moines restaurant was the original 801 Chophouse location, which opened in 1993.
