Souplantation files for bankruptcy; to close dozens of restaurants
SAN DIEGO – A San Diego-based company that owns over 100 Souplantations restaurants filed for bankruptcy Monday, the Union Tribune reported.
Garden Fresh Restaurant Corporation filed for Chapter 11 bankruptcy protection after an unsuccessful attempt to sell the company, the newspaper reported.
The company, which also owns Sweet Tomatoes, plans to close between 20 and 30 underperforming locations. They currently own 123 restaurants.
The first location was opened in 1978 in San Diego. In the early 90s, the company expanded to Florida.