Joins Bankruptcy Bar Louis, Burger King and Popeye’s Portfolios

Date:

play

Bar Louis, the restaurant chain that filed for Chapter 11 bankruptcy in March, joins a growing list of restaurants owned by Sun Holdings.

Dallas-based Sun Holdings, which acquired Uncle Julio’s in January 2025, announced on October 7 that it has also acquired Bar Louie, which operates 39 restaurants and cocktail bars across the United States.

Bar Louie, founded in 1991 in Chicago, Illinois, filed for bankruptcy in March. At the time, the company had 31 company-owned stores and 17 franchised stores in 19 states. The company filed for bankruptcy in 2020 and was acquired by BLH TopCo as part of that process.

The restaurant chain’s bankruptcy, which had 130 locations in 2018, comes after a number of popular restaurant brands, including LaZoo’s Cajun Cafe, filed for Chapter 11 protection earlier this month, according to Nation Restaurant News. Other recent bankruptcy filings include Bravo Brio Restaurants LLC, which operates 25 Brio Italian Grille restaurants and 23 Bravo Italian Kitchen restaurants, as well as Red Lobster, Tijuana Flats, TGI Friday’s and Hooters.

What kind of restaurants does Sun Holdings operate?

The acquisition expands Sun Holdings’ already expanding restaurant collection, which includes more than 1,800 eateries in 27 states, including Applebee’s, Arby’s, Burger King, Freebirds World Burrito, Golden Coral, IHOP, McAllister’s, Papa John’s, Popeyes and Taco Bueno, according to the company’s website.

“This acquisition represents an exciting step in our growth strategy,” Guillermo Perales, president and CEO of Sun Holdings, said in a statement on the company’s website. “Bar Louie’s signature martinis and distinctive brand make it a strong addition to our casual dining portfolio.”

Terms of the deal were not disclosed, Nation Restaurant News reported.

Contributor: Fernando Cervantes Jr.

Mike Snyder is a national trends news reporter for USA TODAY. You can follow him on Threads, Bluesky, and X, and email him at: blythe & @mikegsnider.bsky.social & @mikesnider & msnider@usatoday.com

What is everyone talking about? Sign up for our trending newsletter and get the latest news of the day

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

Some seniors have medical care on hold as they wait for Medicare

sam whitehead | KFF Health NewsInsurers cut back...

Why does this congressman want to impeach AG Pam Bondi?

From the Epstein case file to prosecutorial integrity, Democratic...

Do you want to live abroad? These small towns have a high standard of living

Use this travel cheat sheet for translations and currency...

Supreme Court launches President Trump-backed challenge to mail-in voting delays

Republican efforts to restrict mail-in voting will be debated...