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All-you-can-eat pizza buffet Ciciโs files for bankruptcy
Read full article: All-you-can-eat pizza buffet Ciciโs files for bankruptcyCiciโs, the restaurant chain best known for its all-you-can-eat pizza, has filed for bankruptcy on Monday. Bankruptcy filings show Ciciโs placed blame on the coronavirus pandemic and the in-person dining restrictions that came from it. Unlike other pizza chains, Ciciโs struggled to make delivery possible during the pandemic due to its buffet-style dining model. According to bankruptcy filings, the chain said it had between $10 million and $50 million in assets with $50 million to $100 million in liabilities. Ciciโs came to an agreement in December for its primary lender, D&G investors, to purchase the company and its $82 million in debt.
