Olive Garden rival down to 38 restaurants after two bankruptcies

While a Chapter 11 bankruptcy tin sometimes let a concern to reset its finances and instrumentality to growth, successful different cases, it simply prolongs the inevitable.

Chuck E. Cheese, for example, filed for Chapter 11 bankruptcy successful 2020, emerging with $700 cardinal little debt, less restaurants, and $300 cardinal it invested successful modernizing its operations.

"CEC Entertainment, which besides includes Pasqually’s Pizza & Wings and Peter Piper Pizza, has seen 8 consecutive months of same-store income growth, according to CEO Dave McKillips.," according to CNBC.

That benignant of post-bankruptcy occurrence happens, but it's surely not guaranteed.

Bravo Brio Restaurant Group, which filed for Chapter 11 successful 2020, filed again successful 2025. And, portion the institution does not stock authoritative store counts, a institution property merchandise from 2017 showed that it had 118 operating restaurants betwixt its Bravo and Brio brands, down from a precocious of 130.

Bravo Brio filed a 2nd Chapter 11 bankruptcy

Bravo Brio Restaurant Group filed its 2nd Chapter 11 bankruptcy successful the Florida Middle Bankruptcy Court successful August, 2025, according to documents filed connected Pacer Monitor.

The concatenation said successful a connection astatine the clip of the filing that the Chapter 11 process volition let it to adjacent underperforming locations, restructure its debt, and chopped costs, Restaurant Business reported.

Bravo Brio, which competes straight with Darden's Olive Garden brand, blamed the system for its struggles.

“In addition, ongoing inflationary pressure, rising nutrient and labour costs and a softening successful discretionary user spending person contributed to underperformance, particularly successful buying centers with precocious vacancies and declining ft traffic,” the institution said. “These pressures person proved insurmountable to galore different bequest casual-dining edifice brands, galore of whom person besides turned to bankruptcy arsenic a instrumentality for restructuring.”

Between its archetypal bankruptcy and the 2nd filing, Bravo Brio had continued to adjacent restaurants.

The institution nary longer reports fiscal results, but Brio's website present shows 19 remaining locations dispersed crossed 10 states. Under the Bravo brand, the institution besides shows 19 remaining locations dispersed retired implicit the aforesaid fig of states.

Bravo Brio 2025 Chapter 11 speedy facts

As portion of its court-supervised restructuring process, Bravo Brio Restaurant Group disclosed elaborate fiscal and creditor accusation successful its Chapter 11 filings.

Bravo Brio Restaurant Group reported the pursuing successful its Chapter 11 case, according to filings disposable via PacerMonitor successful the U.S. Bankruptcy Court for the Middle District of Florida.