801 Chophouse owner files for Chapter 11 bankruptcy, to keep restaurants open
Mint·2h ago·Neutral
What Happened
801 Restaurant Group filed for Chapter 11 bankruptcy on April 10 in Kansas federal court, listing assets and liabilities between $10 million and $50 million. The Kansas-based steakhouse chain operates locations in Denver, Des Moines, Kansas City, Minneapolis, Omaha, St. Louis, and other cities. The company aims to restructure debts while maintaining restaurant operations and paying employees. Claims against the company include over $3 million in lease guarantees and $1.8 million owed to the Small Business Administration. The group recently closed 801 on Nicollet in Minneapolis after less than six months of operation.
Key Entities
801 Restaurant Group801 ChophouseChapter 11 bankruptcyUS Bankruptcy Court for the District of KansasDes MoinesMinneapolisKansas CityDenverOmahaSt. Louis