801 Chophouse Files for Chapter 11 Bankruptcy to Restructure and Continue Operations
801 Chophouse owner files for Chapter 11 bankruptcy, to keep restaurants open
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801 Restaurant Group, the owner of the upscale steakhouse chain 801 Chophouse, has filed for Chapter 11 bankruptcy protection to restructure its finances while keeping its restaurants open. The company, which operates in several major cities, including Denver and Kansas City, has listed assets and liabilities between $10 million and $50 million.
- 01801 Restaurant Group filed for Chapter 11 bankruptcy on April 10, 2023.
- 02The company aims to restructure its debts while continuing operations at its restaurants.
- 03It has over $3 million in lease guarantees and $1.8 million owed to the US Small Business Administration.
- 04The closure of 801 on Nicollet in Minneapolis raises concerns about the brand's newer concepts.
- 05Key proceedings in the bankruptcy case are scheduled for May 2026.
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On April 10, 2023, 801 Restaurant Group, the parent company of 801 Chophouse, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the District of Kansas. This filing allows the company to reorganize its debts while continuing to operate its restaurant network across cities such as Denver, Des Moines, and Kansas City. The company has reported assets and liabilities between $10 million and $50 million and faces claims exceeding $3 million in lease guarantees and about $1.8 million owed to the US Small Business Administration. Despite the financial challenges, 801 Chophouse intends to maintain operations at its established locations, focusing on its core concepts. However, the recent closure of its newer restaurant, 801 on Nicollet in Minneapolis, which opened in November 2025, raises questions about the viability of new ventures. The restructuring process will involve negotiations with creditors, with significant court hearings scheduled for May 2026.
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The bankruptcy filing may affect employees and suppliers as the company negotiates its debts, but restaurant operations will continue, ensuring jobs are maintained in the short term.
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