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Asolica > Blog > Finance > 84-year-old eating chain franchisee recordsdata Chapter 7 chapter
Finance

84-year-old eating chain franchisee recordsdata Chapter 7 chapter

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Last updated: December 13, 2025 7:26 pm
Admin
3 months ago
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84-year-old eating chain franchisee recordsdata Chapter 7 chapter
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Restaurant chains have confronted lots of of closings in 2025, with some operators pressured to file Chapter 11 or Chapter 7 chapter safety to liquidate belongings.

Contents
  • Okay&W Cafeterias closes all 9 places
    • Okay&W Cafeterias milestones:
  • Restaurant chains file for chapter safety
  • Dickey’s franchisee liquidates in Chapter 7 chapter
  • Dickeys closed 85 web places in 2024
    • Dickey’s Barbecue Pit location openings and closings

In some circumstances, restaurant chains shut down all places with out submitting for chapter. That was the case with 88-year-old informal eating chain Okay&W Cafeterias, which operated eight places in North Carolina and one in Virginia.

The restaurant chain, based in 1937, had grown to 35 places earlier than it began downsizing after the Covid-19 pandemic in 2020.

Okay&W Cafeterias closes all 9 places

Okay&W Cafeterias, which was a well-liked Southern comfort-food, cafeteria-style restaurant chain for many years, closed all 9 of its places on Dec. 1, 2025, with a message on its Fb web page, which has since been disabled. The corporate’s web site has been disabled, as properly.

Okay&W Cafeterias milestones:

  • Okay&W Cafeterias based 1937.
  • Operates as much as 35 places earlier than 2020.
  • Closes remaining 9 eating places on Dec. 1, 2025.

The 88-year-old restaurant chain’s web site had included a farewell message that it posted on its places’ entrance doorways.

“We are sorry to announce that after proudly serving this and many other communities for years, K&W Holdings Group LLC will be closed permanently. All existing locations closed effective 12/1/2025. We thank you for your support throughout our years in business. K&W Holdings Management.”

Restaurant chains file for chapter safety

A number of different informal restaurant chains have filed for chapter and shuttered places this 12 months. Italian restaurant chain operator Bravo Brio Eating places LLC, the mother or father firm of standard upscale Italian restaurant chains Bravo Italian Kitchen and Brio Italian Grille, filed for Chapter 11 chapter for the second time in 5 years on Aug. 18, 2025, to reorganize its companies and restructure debt.

Widespread Mexican chain, Abuelo’s Mexican Restaurant, filed for Chapter 11 chapter in September 2025, blaming rising prices, labor points, and declining gross sales. The corporate had about 40 places at its peak, however had diminished to 16 eating places when it filed for chapter.


Dickey’s Barbecue Pit eating chain has closed dozens of eating places during the last two years.

S

Dickey’s franchisee liquidates in Chapter 7 chapter

And now a franchisee of the 84-year-old fast-casual restaurant chain Dickey’s Barbecue Pit has filed for Chapter 7 chapter liquidation to shut down a California location.

Elk Grove, Calif. franchisees Miguel Zarate Ortiz and Maria Zomeno Sevilla filed their petition within the U.S. Chapter Court docket for the Japanese District of California on Dec. 8 itemizing solely $17,987 in belongings and about $1.04 million in liabilities, the Sacramento Enterprise Journal reported.

Many of the liabilities are money owed owed to the Dallas-based mother or father firm.

The Elk Grove franchisee didn’t state a motive for submitting for Chapter 7 chapter in its petition. The restaurant’s itemizing on the Dickey’s places web page reveals that the shop is closed, and the telephone quantity listed isn’t operational.

Dickeys closed 85 web places in 2024

Dickey’s restaurant chain closed a web of 85 U.S. places in its fiscal 12 months 2024, which ended on Could 31, 2024, Restaurant Enterprise Journal reported. The corporate closed 97 places within the fiscal 12 months, but in addition opened 12 places.

Dickey’s, nonetheless, reported that it opened 46 new places from January 2025 by means of August 2025 and was on tempo to open 60 new places by the top of the 12 months, the corporate stated in an October 2025 assertion.

Extra chapter:

  • 64-year-old furnishings retailer franchisee recordsdata Chapter 11 chapter
  • Golf legend’s iconic model recordsdata for Chapter 11 chapter
  • Main well being companies supplier recordsdata for Chapter 11 chapter

The corporate, nonetheless, didn’t reveal what number of places have closed in 2025.

Dickey’s, which was established in 1941, claims that it has 387 corporate-owned and franchised places within the U.S. and several other international locations, in line with Dickey’s web site.

Dickey’s Barbecue Pit location openings and closings

  • Dickey’s opens 12 shops and closes 97 for 85 web location closings fiscal 12 months ending Could 31, 2024.
  • Dickey’s opens 46 new shops January 2025 by means of August 2025.
  • Dickeys has a complete of 387 places worldwide in October 2025.

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