Bar Louie Restaurants

Last updated
BLH Acquisition Co., LLC
Founded1990
Headquarters Addison, Texas, U.S.
Number of locations
73 [1] [2]
Key people
Brian Wright, CEO
Website barlouie.com

Bar Louie is an American bar and restaurant chain founded in 1990. [3] Bar Louie serves food, beer, and cocktails, from locations predominantly located in urban and suburban markets. As of 2022 there are approximately 69 locations. [4] Bar Louie is headquartered in Addison, Texas, and Tom Fricke is the company's chief executive officer. Sun Capital Partners is a major investor in the company dating back to June 2010. [5]

On January 27, 2020, Bar Louie filed for bankruptcy and closed 38 locations. [6] [1] During the COVID-19 pandemic, Bar Louie closed an additional 22 locations. [2] On March 26, 2025, Bar Louie once again filed for Chapter 11 bankruptcy, listing assets between $1 million to $10 million, and liabilities between $50 million to $100 million. The filing revealed that Bar Louie owes millions to many of its creditors, including US Foods Dallas, a subsidiary of US Foods. Bar Louie stated that their sales did not recover after the effects of the COVID-19 pandemic, and blamed its bankruptcy filing on operational and financial challenges. The company immediately shuttered 13 of its corporate owned locations as part of the filing. [7] [8]

References

  1. 1 2 "Bar Louie files for bankruptcy and closes one-third of its restaurants". CNN. Retrieved 27 January 2020.
  2. 1 2 Klein, Danny (October 2020). "Inside Bar Louie's Emergence from Bankruptcy and $82.5M Sale". FSR magazine. Retrieved 2021-01-22.
  3. ↑ Meltzer, Matt (2021-12-28). "The Untold Truth Of Bar Louie - Mashed". Mashed.com. Retrieved 2022-10-06.
  4. ↑ "Locations". Bar Louie. Retrieved 29 April 2022.
  5. ↑ "Sun Capital Partners, Inc. | Bar Louie Restaurants". www.suncappart.com. Archived from the original on 2016-03-23. Retrieved 2016-05-05.
  6. ↑ Klein, January 2020 Danny (27 January 2020). "Bar Louie Shutters 38 Restaurants as it Files for Bankruptcy". FSR magazine. Retrieved 2022-10-27.{{cite web}}: CS1 maint: numeric names: authors list (link)
  7. ↑ O'Neill, Kirk (March 26, 2025). "Popular restaurant and bar chain files for Chapter 11 bankruptcy". TheStreet. Retrieved March 26, 2025.
  8. ↑ Snyder, Mike (March 28, 2025). "Bar Louie closes more than a dozen restaurants, files for Chapter 11 bankruptcy protection". USA Today. Retrieved March 29, 2025.


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