قالب وردپرس درنا توس
Home / Business / Several KC restaurants face bankruptcy, eviction

Several KC restaurants face bankruptcy, eviction



Several Kansas City landmark restaurants are struggling to stay open, facing eviction and bankruptcy. Fred P. Ott's had a monthly lease since January, according to court records and the lease expired at the end of October. "We're not going to leave as long as we can keep coming in and clocking in," said Chloe Henington, Fred P. Ott's manager. Henington said she tried for months to contact the owners, Haddad Restaurant Group, before finding out through the news that they were being thrown out. "Waking up and finding that you may not have a job in the next 24 hours is a bit nerve-wracking," Henington said. According to a court filing, Haddad Restaurant Group owes $ 69,554.1

7 in rent, and the lease expired for Halloween. "I don't think we should ever leave," Henington said. “This is a staple. We have been here since the 70's. “Fred P. Ott's not alone. Bread and butter concepts, which owns several restaurants, including the now closed Oliver along with Cherry Hall, Urban Table, Stock Hill and Gram and Dun, filed for bankruptcy. Houlihan's restaurant group also filed for bankruptcy. The Leawood-based group owns several local restaurants, including Bristol Seafood Grill and J. Gilbert's Wood-Fired Grill. It plans to sell to Landry's, a national restaurant group. Conceptual cases for both Houlihan and Bread & Butter Concepts accused narrow labor markets, insurance costs and high rents. "If a little thing goes wrong, if you have a little hiccup, it can kind of put you over the edge," said Bill Teel, CEO of the Greater Kansas City Restaurant Association. "If you go into Houlihan and spend $ 10, they will put 40 cents in your pocket. That just gives you an idea. It is very low margin. "Teel said one of the biggest issues is paying more for good help. "There are over 1,000 restaurants to choose from when you want to eat out in Kansas City, so it's very competitive," he said. Bread & Butter Concepts and Haddad Restaurant Group, which also owns Winstead's, have never responded to calls for comment. In bankruptcy filings, the BBC said it had just over $ 1500 in checking accounts. It plans to stay open, but needs protection from debt. Henington said she has seen a shift at Country Club Plaza lately. "I didn't expect Shake Shack to show up or Old Navy, and I didn't expect us to leave," she said. She worries about what it means for the future. "It feels like a society being ripped apart at this time," Henington said. In a statement, Country Club Plaza officials said: "We continue to execute on our vision to bring exciting locally owned tenants and loved ones to the Plaza. From favorites Made in KC Marketplace to The Capital Grille and the upcoming opening of a premier Nordstrom, We are excited about the future of the district and are confident that loyal and new customers will be there too. "" What I want to say is, "The sky is not falling," Teel said. "But what I want to say is, & # 39; Support your local restaurant and go out and eat. & # 39; "

Several Kansas City landmark restaurants are struggling to stay open, against eviction and bankruptcy.

Fred P. Ott's had been on a monthly lease since January, according to court records and the lease expired at the end of October.

"We're not going to leave as long as we can come here and clock in," said Chloe Henington, the manager of Fred P. Ott's.

Henington said she tried for months to contact the owners, Haddad Restaurant Group, before finding out through the news that they were being thrown out.

"Waking up and finding that you may not have a job in the next 24 hours is a bit nerve-wracking," Henington said.

According to a rights filing, Haddad Restaurant Group owes $ 69,554.17 in rent and the lease expired on Halloween.

"I don't think we should ever leave," Henington said. “This is a staple. We have been here since the 70's. ”

Fred P. Ott's is not alone.

Bread & Butter Concepts, which owns several restaurants, including the now closed Oliver along with Cherry Hall, Urban Table, Stock Hill and Gram and Dun, filed for bankruptcy.

Houlihan's restaurant group also filed for bankruptcy. The Leawood-based group owns several local restaurants, including Bristol Seafood Grill and J. Gilbert's Wood-Fired Grill. It plans to sell to Landry's, a national restaurant group.

Bankruptcy filings for both Houlihans and Bread & Butter Concepts accused of tight labor markets, insurance costs and high rents.

"If a little thing goes wrong, if you have a little hiccup, it can somehow put you over the edge," says Bill Teel, CEO of the Greater Kansas City Restaurant Association. "If you go into Houlihan and use 10 dollars, they will put 40 cents in his pocket. That just gives you an idea. It is very low margin. "

Teel said one of the biggest issues is paying more for good help.

"There are over 1,000 restaurants to choose from when you want to eat out in Kansas City, so it's very competitive," he said.

Bread & Butter Concepts and Haddad Restaurant Group, which also owns Winstead's, have never responded to calls for comment.

In bankruptcy filings, the BBC said it had just over $ 1500 in its checking accounts. It plans to stay open, but needs protection from debt.

Henington said she has seen a change at Country Club Plaza lately.

"I didn't expect Shake Shack to show up or Old Navy, and I didn't expect us to leave," she said.

She worries about what it means for the future.

"It feels like a society is being torn apart at this time," Henington said.

In a statement, Country Club Plaza officials said:

"We continue to execute on our vision to bring exciting locally owned tenants and beloved brands to the Plaza. From favorites Made in KC Marketplace to The Capital Grille and the upcoming opening of a premier North Stream, we are excited about the future of the district and are confident that loyal and new customers will be there too. "

" What I want to say is: & # 39; The sky is not falling, " said Teel. "But what I would say is: & # 39; Support your local restaurant and go out and eat. & # 39;"


Source link