A famous barbecue chain known for selling its signing sauces in more than 2000 bankruptcy sites.
South Fections -based restaurants from South Carolina have applied for a request to protect the bankruptcy of Chapter 11, which represents another blow to the troubled restaurant industry.
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The barbecue chain, known for its distinctive calories that were sold in more than 2000 retail sites, faced financial problems for years.
Founded in 1992, the adhesive fingers once managed 15 sites.
Over time, the changes in ownership led to an inconsistent leadership, which, according to the company's website, resulted in low food quality, service problems, and ultimately a decrease in sales.
The series had 11 sites in South Carolina, Tennessee and Florida before the Covid-19s, but it was forced to close due to economic difficulties.
In an attempt to recover, the company later opened two other sites, raising its total to four – Greenville, North Charleston, Summerville, SC, as well as Cattanooga, Tenn.
However, these efforts were not enough to keep the work standing on his feet.
The sticky fingers built a base of loyal fans with its list of barbecue pork ribs, chimney pioneers, withdrawn pork, smoked chicken, wings, and a variety of southern sides such as fried okra, Mac, cheese, and baked beans.
The popularity of barbecuors made at home led to a successful grocery line, and expand the brand beyond restaurant sites.
According to the court documents, the company included assets of $ 50,000 while facing obligations between one million dollars and 10 million dollars.
This deposit is separate from Sticky, the parent company of Chickeen Trender's, which is based in New York City, which was also submitted to Chapter 11 of last year due to financial conflicts related to the epidemic.
Discussing the sticky fingers follows a wave of industry, with a recent bankruptcy border and many known chains such as Red Lobster, TGI Frions, Hawkers Asian Street Food and Melt Bar & Barrilt facing financial difficulties.
Experts say 2024 has been one of the most difficult years for the restaurant sector since 2020.
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