Another popular barbecue chain files for Chapter 11 bankruptcy

"Thirty-seven percent of consumers accidental they are eating retired little often than successful 2024. Lower-income diners study the astir important diminution successful eating out, with 44% eating distant from location little often this year," according to information from a YouGuv survey reported by Food Business News.

“Economic pressures, specified arsenic ostentation and a slowing occupation market, person led to user uncertainty and a wide diminution successful sentiment,” acccording to a Circana property release. “This is causing consumers to beryllium much selective with their dining-out dollars, often prioritizing indispensable purchases. However, this cautious spending behaviour creates opportunities for operators that tin present connected circumstantial user demands.”

Now, different fashionable barbecue chain, Pig Floyd's Smokehouse, has filed for Chapter 11 bankruptcy protection.

Pig Floyd's Smokehouse LLC filed a 11 section bankruptcy successful the Middle District of Florida bankruptcy tribunal connected March 13, 2026. This is simply a voluntary filing; it was assigned the bankruptcy lawsuit fig #26-01774, according to Bankruptcy Observer.

The bankruptcy petition showed assets successful the scope of $0-$100,000 with liabilities successful the scope of $1 milliont to $10 million.

Earlier this month, Pig Floyds proprietor Thomas Ward, announced connected Instagram that helium is transitioning the Lee Road determination successful Winter Park to a caller section operator, who volition beryllium replacing it with a caller concept.

"Throughout this transition, our absorption has been connected supporting our team," Ward said successful the statement. Lee Road squad members were informed of opportunities to use for unfastened positions astatine Mills Avenue locations, Pig Floyd's, and Pigzza, saying immoderate person already transitioned," helium shared.

It's unclear whether the Chapter 11 filing volition interaction the merchantability and modulation of the Lee Road location.

• PB Restaurants LLC, an Orlando-based edifice relation tied to Pig Floyd’s Smokehouse, filed for Chapter 11 bankruptcy protection, according to PacerMonitor documents.

• The lawsuit was filed April 4, 2025, successful the U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division, added PacerMonitor.

• The bankruptcy petition is Case No. 6:25-bk-01957 and was assigned to Judge Lori V. Vaughan, the documents showed.

• The filing is listed arsenic a voluntary Chapter 11 case, allowing the institution to proceed operating portion it restructures its debts, Bankruptcy Observer reported.

• The lawsuit is classified arsenic an “asset” case, meaning the debtor reported assets disposable to administer to creditors, according to the PacerMonitor filings.

• The bankruptcy filing includes a Subchapter V designation, a streamlined restructuring process designed for tiny businesses.