The chains had generated $400 million in annual systemwide sales in 2017. CEO Steve Layt, a former Pizza Hut executive, took over in late January to right the ship. In January, 10 stores were closed and the viability of a substantial number of additional stores was being viewed, according to bankruptcy court documents. But I can get my daughters meds and supplies. Then the rug got pulled.. Earlier in his career, Mr. Blum was chief marketing officer for Cereal Partners Worldwide and held various marketing and management positions at General Mills, Inc. Brazil-based GP Investments restaurant industry experience includes ownership of the Fogo De Chao brand, which it expanded into the United States. Nation's Restaurant News is part of the Informa Connect Division of Informa PLC. : 6:20-bk-02164-KSJ; 6:20-bk-02165-KSJ; 6:20-bk-02166-KSJ; and 6:20-bk-02167-KSJ Filed by R Scott Shuker on behalf of Debtor FoodFirst Global Restaurants, Inc. (Shuker, R) (Entered: 04/10/2020), Emergency Motion for Authority to Maintain Pre-Petition Bank Accounts Filed by Mariane L Dorris on behalf of Debtor FoodFirst Global Restaurants, Inc. (Dorris, Mariane) (Entered: 04/10/2020), Preliminary Hearing Scheduled for 04/14/2020 04:00 PM Orlando, FL - Courtroom 6A, 6th Floor, George C. Young Courthouse, 400 W. Washington Street. As an organization. The mandated dining room closure orders wiped out 60% of our restaurants within days and since then we have experienced nothing short of devastating sales declines., FoodFirst and its investors left open the possibility of further closures. As a private company, the board of directors can take a long-term view and allow the leadership team to focus on developing superior restaurant brands that serve superior food with a superior guest experience. GPEE can credit bid up to $40 million, but the filing stated that it is highly unlikely that any other potential buyers will submit an offer approaching, let alone exceeding, the amount of the Purchasers offer.. The fare is prepared in the kitchens of other Earl concepts, primarily Buca di Beppo, a family-style Italian concept that does little lunch business. On 04/10/2020 FoodFirst Global Restaurants, Incwas filed as a Bankruptcy - Chapter 11 lawsuit. FoodFirst now plans to refresh the brands. FoodFirst Global Restaurants is located at 777 Goodale Blvd, Columbus, OH 43212, USA Similar Businesses Nearby BRAVO | BRIO Restaurant Group ( < 250 ft ) Restaurant 777 Goodale Blvd, Columbus, OH 43212, USA Were excited to have an operator and executive of Steves caliber join our team and we look forward to all we will achieve under his leadership, Bonchristiano said in a statement. Orlando, FL 32801 It was established in Columbus, Ohio as Bravo Brio Restaurant Group in 1992 by Rick and Chris Doody in collaboration with Executive Chef Phil Yandolino. Uno to sell frozen pizza business to Great Kitchens Food Co. Red Robin's recovery gets off to a fast start. Easton. The Operational Excellence Coach I salary range is $39,738 to $53,052 in Bismarck, North Dakota. It has since emerged from bankruptcy, after closing most of its restaurants, including Bon Vie. FoodFirst, which formed which formed in 2018 after the brands went private earlier that year, said Layts first priorities will be to deliver outstanding operational excellence and customer service to guests. Management blamed the coronavirus pandemic, which closed restaurants around. When you purchase a $50 Gift Card online, receive $20 in Bonus Cards! However, growth and traffic declined as consumer preference shifted to quick-serve and fast-casual. Restaurants Multi Location Business Find locations Additional business information Believed to be out of business: According to information. By 2013, there were 107 restaurants. . Follow View all 781 employees About us FoodFirst Global Restaurants is the parents. 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The phone number for FoodFirst Global Restaurants is (614) 326-7944. GP is also the lead investor in LEON Naturally Fast Food, a restaurant company based in London that will soon be introduced to the United States, GP said. The new company has already has acquired its first brands - Brio Tuscan Grille and Bravo Cucina Italiana - in a $100 million transaction that closed May 24. Only 28 of FoodFirst's nearly 100 units are operating amid the COVID pandemic. The documents indicate that 29 Brio and Bravos are currently in operation, with another 53 closed restaurants still under lease. Web page addresses and e-mail addresses turn into links automatically. Bravo! FoodFirst Global Restaurants already has acquired its first brands Brio Tuscan Grille and Bravo Cucina Italiana in a $100 million transaction that closed May 24. The best choice for customized playlists for restaurants. A week later, Fortress agreed to purchaseCraftworks Holdings, parent of Logans Roadhouse and Old Chicago, for $93 million after originally offering $138 million. If restaurants are forced to keep dine-in operations shuttered for a long period time, Layt said some might never reopen. BRAVO first opened in 1992 while BRIO was founded five years later. It was established in Columbus, Ohio as Bravo Brio Restaurant Group in 1992 by Rick and Chris Doody in collaboration with Executive Chef Phil Yandolino. Management of the company, FoodFirst Global Restaurants, said the chains had been struggling with sales and profit declines before the COVID-19 pandemic. FoodFirst Global Restaurants CEO and chairman Brad Blum (handout from FoodFirst) "These are brands that have been revered in the past, and we studied this and thought this was a terrific buying . The same financial institution, Fortress Credit, also took control of the 300-unit Krystal quick-service chain through a credit bid of $27 million and the assumption of $21 million in liabilities. The company's filing status is listed as Active and its File Number is 920-027. Law360 (April 13, 2020, 12:27 PM EDT) -- FoodFirst Global Restaurants Inc., which owns a pair of Italian eatery chains with more than 100 locations, will open its Chapter 11 case Tuesday in. The company was days away from a recapitalization when the pandemic hit, according to Layt. Sign up here. Email and Phone Finder Software; Free Email Verifier; Features. The opportunities for growth and expansion are significant.. Layts priorities were to improve efficiency and cut costs in terms of labor, food waste, and marketing. 121 South Orange Avenue, Suite 1120 R Scott Shuker Shuker & Dorris, P.A. The improvement process was radically altered due to the current international health crisis, creating massive restaurant closings and employee losses throughout the country via state ordered shelter-in-place requirements, which exacerbates the need to reduce the Restaurants footprint in order to maintain the strongest and most viable locations, FoodFirst said in the filing. FoodFirst Global Restaurants board of directors will include Mr. Blum as chairman and c.e.o., Mr. Bonchristiano as vice-chairman, Bob Mock (former Darden executive) as chief operations officer, and Diane Reed (chief financial officer for Bravio and Brio since October) as c.f.o. Orlando, FL 32801 Do not sell my personal infoPrivacy PolicyContact UsRSS, Brio and Bravo parent files for Chapter 11 bankruptcy after closing 71 units, Management of the company, FoodFirst Global Restaurants, said the chains had been struggling with sales and profit declines before the COVID-19 pandemic. Subscribe to Food Business News' free newsletters to stay up to date about the latest food and beverage news. Receipt Number 63999022, Amount Paid $1717.00 (U.S. Treasury) (Entered: 04/10/2020), Chapter 11 Case Management Summary Filed by Mariane L Dorris on behalf of Debtor FoodFirst Global Restaurants, Inc.. (Dorris, Mariane) (Entered: 04/10/2020), Preliminary Hearing Scheduled for 04/14/2020 4:00pm Orlando, FL - Courtroom 6A, 6th Floor, George C. Young Courthouse, 400 W. Washington Street. Sign up for a free account to get access to data on case creditors, search for cases, and more. You may cancel your subscription at anytime by calling Sign In. Arizona Restaurant Consulting is the ideal partner for any foodservice project. GP Investments and Restaurateur Bradley D. Blum have formed a new restaurant company, FoodFirst Global Restaurants Inc. The deal highlighted in documents filed with the Florida bankruptcy court reveal that the GP-EE purchasing partnershiptechnically GPEE Loan LLCcould raise the $25 million credit-bid portion of its offer to as much as $40 million. GP had been the source of financing of Brio and Bravos purchase in May 2018. FoodFirst Global Restaurants is the parent company to Brio Tuscan Grille Bravo Cucina Italiana. FoodFirst Global Restaurants #5940 of 8485 places to eat in Columbus. Brad has a proven track record with multiple restaurant companies, said Antonio Bonchristiano, c.e.o. | FoodFirst Global Restaurants is the parents company of Bravo Fresh Italian and Brio Mediterranean Italian. The other principal in the deal was Brad Blum, a past head of Olive Garden and Burger King. Re: Emergency Motion to Reject Unexpired Leases of Non-Residential Real Property Nunc Pro Tunc to the Petition Date (Emergency Relief Requested) Doc. Everyone was feeling bullish about the future, he said. (407) 337-2060 Cucina Italiana and Brio Tuscan Grille restaurant chains in the United States. Find Assistant Managers and bring them on board. FoodFirst Global Restaurants Inc., the parent of the Italian restaurant chains Brio and Bravo, has two potential buyers willing to acquire some of its assets out of bankruptcy. CEO Steve Layt, who came on board in late January to fix troubles at both brands, said he is keeping the21 best performing Bravo and Brio restaurants open for curbside pickup and delivery orders. Related: Bravo Brios new parent launches FoodFirst Global Restaurants Inc. I would like to personally thank Brad for his outstanding leadership and contribution in setting up the foundation for FoodFirsts success, Antonio Bonchristiano, CEO of GP Investments, FoodFirsts main investor, said in a statement. Earl Enterprises has acquired a minimum of 45 leases from FoodFirst Global Restaurants, chairman Robert Earl said, but he is hopeful that number ends up being considerably higher. The number of Ruby Tuesday locations has decreased significantly as a result of the pandemic. FoodFirst Global Restaurants, Inc. is a collaboration between restaurateur/owner-partner Brad Blum and GP Investments, Ltd. At FoodFirst Global Restaurants, we are building a platform to own. At the time, the two chains collectively numbered 110 locations in 32 states, with total annual sales of about $400 million. Court documents indicate that 20 leases are scheduled for renewal in 2020. purchase this single case. But the company will also new brands from statch as well as look for acquisitions to add to the group down the road. FoodFirst now plans to refresh the brands. First Choice Medical Group of Brevard, LLC, Statement of Corporate Ownership. Number of U.S. We are delighted that you'd like to resume your subscription. The two sides preliminarily agreed to a management agreement and debtor-in-possession loan with the assumption that a sale would have to go through a Chapter 11 bankruptcy proceeding. The goal is first to rebrand both Bravo and Brio, wich they plan to grow as polished-casual concepts. As part of the changes, headquarters moved from Columbus, Ohio, to Orlando, Florida, andnew Italian Mediterranean menus were implemented. You will be charged GPEE is an entity formed by GP Investments, the ultimate owner of FoodFirst, and Earl Enterprises, which owns and operates more than 200 locations under brands like Planet Hollywood, Bucca di Beppo, Bertucci's, and Earl of Sandwich. : 6:20-bk-02164-KSJ; 6:20-bk-02165-KSJ; 6:20-bk-02166-KSJ; and 6:20-bk-02167-KSJ Doc, Emergency Motion to Reject Unexpired Leases of Non-Residential Real Property Nunc Pro Tunc to the Petition Date, Preliminary Hearing Scheduled for 04/14/2020 04:00 PM Orlando, FL - Courtroom 6A, 6th Floor, George C. Young Courthouse, 400 W. Washington Street. Columbus, Ohio Review and respond to medical child support orders. Where is FoodFirst Global Restaurants located? Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Web page addresses and e-mail addresses turn into links automatically. Foodservice project SW1P 1WG Restaurateur Bradley D. Blum have formed a new restaurant company FoodFirst... 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