What led 801 Restaurant Group to file for Chapter 11 bankruptcy?

What led 801 Restaurant Group to file for Chapter 11 bankruptcy?

A well-known grill group, 801 Restaurant Group, has filed for bankruptcy. The case was filed last week.

Kansas-based company operates eight restaurants under two brands

  1. 801 Chophouse
  2. 801 Fish

First opened in Des Moines, Iowa, in 1993, the steakhouse chain experienced massive growth in the years to come and expanded to Denver, Kansas City, Minneapolis, Omaha, St. Louis and Leawood, Kansas.

It recently closed a new location called 801 on Nicollet in Minneapolis, while other company-owned restaurants appear to still be open and operating as normal.

The company filed for Chapter 11 bankruptcy on April 10, 2026 in a Kansas court.

For the uninitiated, Chapter 11 allows a business to continue operating while it develops a plan to repay its debts.

Court documents show the company has nearly $15 million in assets. But she owes $18.7 million. Its debts include more than $3 million in rental guarantees and $1.8 million owed to the U.S. Small Business Administration.

The group has not revealed many details about the possible causes of the bankruptcy filing.

The latest filing comes amid a wave of restaurant chains that have filed for bankruptcy in recent years, including some of the best-known names such as Red Lobster and Hooters.

It appears that rising food prices and inflation have seriously damaged the industry. Customers are spending less, causing food businesses’ operating costs to continue to rise.

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