Overview

• The company filed for Chapter 11 on Aug. 18, listing 200 to 999 creditors and estimating both assets and liabilities at $50 million to $100 million.
• Bravo Brio aims to bring in a new investor through the process while continuing day-to-day operations with what it describes as minimal disruption.
• Plans under consideration include closing underperforming restaurants, restructuring debt, and cutting operating expenses.
• A spokesperson said there are currently no plans to close locations across the roughly 48 to 50 restaurants operating under the two brands.
• This marks the chain’s second bankruptcy since 2020, when it subsequently came under the ownership of Earl Enterprises, and it comes as other Italian and casual-dining brands such as People First Pizza, Bertucci’s, and Red Door Pizza have also sought court protection.