Pizza Chain Files For Bankruptcy
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Concord, CA– Round Table Pizza Inc. filed for Chapter 11 bankruptcy Wednesday but executives say it won’t affect the pizza chain’s 483 restaurants for now.
According to court documents, the Concord-based company blamed its financial troubles on an expansion it launched just before the recession hit. The company listed debts ranging from $10 million to $50 million.
Round Table owns 128 restaurants and has 355 franchises in Alaska, Arizona, California, Hawaii, Nevada, Oregon and Washington.
Sonora has two Round Table Pizza locations.
Written by tina.falco@mlode.com
