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Bankrupt Restaurant Chains Making a Comeback

Chuck E Cheese's

Chuck E. Cheese survived Chapter 11. After declaring for bankruptcy last June, the firm has cleared over $705 million in debt and is "starting a new chapter.

In 2021, the firm plans to reopen all shuttered stores, provide at-home Chuck E. Cheese experiences, and unveil a new pizza recipe.

Rubio's Coastal Grill

Rubio's restructuring plan helped the restaurant reduce its $82.3 million debt by $35 million after filing for Chapter 11 bankruptcy in October.

Rubio's Coastal Grill may revive its 26 shuttered restaurants in Florida and Colorado, or it may stick with its California, Arizona, and Nevada locations.

Dave & Buster's

Dave & Buster's was in risk of going bankrupt due to the epidemic for much of last year.

Hill Path Capital partner James Chambers will handle audit, finances, and compensation for the brand. After 2021, Dave & Buster's will look different.

Garbanzo Mediterranean Fresh

Centre Lane Partners saved Garbanzo Mediterranean Fresh from bankruptcy. The investing business also owns Saladworks and Frutta Bowls.

Garbanzo's 2021 growth is boosted by joining two complimentary sibling companies. Most of the chain's 25 sites stayed operating during bankruptcy, and no closures have been disclosed.

California Pizza Kitchen

The epidemic began in March, and California Pizza Kitchen declared bankruptcy in July. The chain looks forward to 2021.

Expect adjustments, especially towards healthier pizza alternatives like the BBQ Chicken Pizza, since the restaurant has seen popularity with these dishes throughout the epidemic.

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