Why the Chain Buffet Near You Closed
Free Coupons, Printable Coupons, Grocery Coupons Online

FreeCoupons.com - Still Couponing and Saving Money Year In and Year Out!



Why the Chain Buffet Near You Closed

Posted on Monday, March 7th, 2016 at 3:34 pm
Pin It


Old_Country_Buffet_LogoBuffets are great for many reasons. Buffets offer a large variety of foods for very little money. You can go back for seconds, or thirds, if you want to. Dessert is included in the price. Families that go to buffets often do it to save money.

Ovation Brands is the name of the company that owns Country Buffet, HomeTown Buffet, Ryan’s, Granny’s, and more. The name of the chain buffets is different depending on where in the United States it is located. The food it offers, and the reasonable prices it asks, is pretty much the same no matter what the sign on the building happens to say.

In February of 2016, people started noticing that the Ovation Brand buffet near them had abruptly closed. There was no warning, no official announcement, and no reasons given for the closure.

The buffets that closed had notes left on the doors. In some locations, the buffet closed without letting it’s workers know about it ahead of time. They discovered the closure when they arrived for their next scheduled work shift.

What happened? It turns out that the owner of Ovation Brands filed for Chapter 11 Bankruptcy. It did this after filing for protection from creditors in the U.S. Bankruptcy Court in the Western District of Texas. The company closed 166 restaurants, which amounts to half of its locations, after that filing. It cut more than 6,000 jobs.

What does this mean for people who liked to visit the local buffet to save money? If the one in your area has closed, it means that you shouldn’t assume it will open again anytime soon. It might not re-open at all. Now would be a good time to see if there are other buffets in your area that you can try out. They might be offering special savings in an effort to attract the people who used to eat at the big chain buffet that is now closed.

Those who were on an email list for one of Ovation Brand buffets might notice a decrease in the amount of email you are sent. Those emails often contained coupons that helped consumers save money on their meal at the buffet. It is reasonable to assume that those coupons are gone for good.

Leave a Reply

Your email address will not be published.


 

Good Tip: Saving money is important – especially if you have a lot of expenses like bills to pay, loans to pay off, and all the other things that drain your bank account. Figuring out a way to save money can feel tedious to some, and like a punishment to others. U.S. News suggests that you try one of these money saving challenges. The “No Eating Out for a Month” Challenge This one is self-explanatory. The goal is to avoid eating out for an entire month. This might be super easy for people who enjoy making meals at home. People who really enjoy dining out, or ordering food to be sent to their home, may struggle with this one. It’s worth a try because spending money on take-out is more expensive than buying groceries. The Pantry Challenge This one is a variation of the “No Eating Out for a Month” challenge. The goal is to use up all of your groceries before you buy more. It forces you to try and remember why you bought a food or beverage that you don’t know what to do with, and gives you the opportunity to find a way to use it. The one exemption to this challenge is the foods that have expired. Don’t eat them! Throw them in the trash. The “No Spend” Challenge Make a goal to avoid spending money during an entire weekend. The only exemption in this challenge is that you are allowed to pay bills. This challenge is interesting because it requires creativity. You must be creative and find workarounds for problems that you would typically solve by spending money. You may have a different outlook on spending after finishing this challenge.