Why the Chain Buffet Near You Closed
Posted on Monday, March 7th, 2016 at 3:34 pm
Buffets 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.