7 Restaurant Chain Bankruptcies That Shook the Industry in 2021 — Eat This Not That

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6Fresh Acquisitions LLC

—the owner of popular regional brands like Ryan's, Hometown Buffet, and Tahoe Joe's—declared bankruptcy in April, listing liabilities of $10 to $50 million. The company received a $3.5 million loan from VitaNova Brands, a holdings company overseeing management of some of Fresh Acquisitions' brands. Moving forward, Fresh Acquisitions plans to focus on development of its better-performing brands, including Furr's AYCE Marketplace and Tahoe Joe's.

 

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