Overview

• Since filing for insolvency in March, Sausalitos has reduced its company-owned network from over 40 locations to just 16 active restaurants.
• The two Berlin branches on Kantstraße and at the Uber Arena closed in mid-July, and the Dortmund site is slated to shut at the end of July.
• Only company-owned outlets are affected by the insolvency process, with independently operated franchises continuing to serve customers.
• Michael Schuster has said any location that fails to turn a profit cannot be maintained under insolvency regulations.
• About 40 potential investors have expressed interest in taking over the chain or individual sites, but no acquisition agreements have been finalized.