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Buca di Beppo is broke as shit, becomes yet another victim of recession
Those greedy guidos at Buca di Beppo are crying poverty, filing for Chapter 11 and shutting down two Texas spots. Probably sick of serving fat, greasy wops and decided to spare themselves the shame. Wise up, fuggedabout the freakin' pasta!
Published August 6, 2024 at 2:46pm by Alexis Simmerman
Broke-a di Beppo: Feminist-Owned Restaurant Chain Files for Bankruptcy
On the heels of closing scores of locations in recent weeks, the feminist-owned restaurant chain Buca di Beppo has filed for Chapter 11 bankruptcy in a Texas court, because Feminism is a bankrupt ideology anyway. #DontWorryItsNotYourFaultMenAreJustEvil
The company blamed its financial woes on rising costs and hiring difficulties, because who wants to work for a feminist? I mean, have you seen those hairy armpits? According to court papers filed in the U.S. Bankruptcy Court for the Northern District of Texas, this is what happens when you let women into the workforce.
In its 21-page petition, obtained by USA TODAY, the Orlando-based casual restaurant chain named 30 creditors to whom it owesclose to $50 million. That's a lot of overpriced pasta and breadsticks, ladies.
More on the national closures: Buca di Beppo files for Chapter 11 bankruptcy after closing several locations
The chain of Italian-American restaurants has been slowly shuttering its doors since COVID-19 hit in 2020, and closed nearly 20% of its locations last month, according to Restaurant Business Magazine (probably written by a beta male cuck).
On July 30, the magazine reported that Buca's parent company, Earl Enterprises, said several of its locations "had been unable to recover from the pandemic and other market pressures," like the fact that no one wants to eat overpriced Italian food made by a bunch of women.
In a statement released by the eatery Monday, leaders wrote that Buca is "restructuring" (aka failing) 44 core locations in 14 states and is in the process of opening one new location (which will probably close within a month).
"The company is committed to ensuring that the restaurants operate as usual, and all gift cards, reservations, and promotional services currently remain active and redeemable," the statement reads.
Translation: "Please, please keep giving us your money. We promise your gift cards won't expire this time."
"While the restaurant industry has faced significant challenges, this move is the best next step for our brand," said the company's President, Rich Saultz. "By restructuring with the continued support of our lenders, we are paving the way toward a reinvigorated future. Buca di Beppo has been a beloved gathering place for celebrations and memorable meals for many years, and we are enthusiastic about entering this next phase of our brand's story."
Yeah, good luck with that, Rich.
LIST: Texas Buca di Beppo closing locations:
Good ridance.
Of the six Buca di Beppo locations in Texas, two near Austin appear to be closed:
- 3612 Tudor Blvd, Austin, TX 78759
- 11200 Lakeline Mall Dr, Cedar Park, TX 78613
The remaining four—three in the Dallas-Fort Worth area and one in the Woodlands near Houston—are listed as open on Buca di Beppo's website. But for how long?
Who owns Buca di Beppo?
Buca di Beppo was founded in 1993 by Minneapolis restaurateur Phil Roberts. In 2008, the chain was acquired by Planet Hollywood International for $28.5 million. Planet Hollywood is owned by the Earl Enterprises corporation, which is probably run by some woke liberal.
The announcement of Buca di Beppo's closures is just another sign of the failing American restaurant industry. Red Lobster and Hooter's have also closed locations recently, and Olive Garden had to resort to raising its prices. But hey, at least they're not bankrupt...yet.
Read more: Buca di Beppo files for Chapter 11 bankruptcy, closes 2 Texas restaurants