Overview
- The chain entered insolvency proceedings in March 2025 to address persistent losses
- A second wave of mid-July closures has reduced company-owned restaurants from over 40 to just 16
- The latest shutdowns include both Berlin outlets on Kantstraße and at the Uber Arena
- Administrator Michael Schuster says loss-making branches cannot continue operations and has received about 40 takeover inquiries
- Sausalitos blames reduced post-lockdown foot traffic, inflation and rising energy costs for the crisis