Bar Louie
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Bar Louie is an American bar and restaurant chain founded in 1990. Bar Louie serves food, beer, and cocktails, from locations predominantly located in urban and suburban markets. there are approximately 69 locations. Bar Louie is headquartered in
Addison, Texas Addison is an incorporated town in Dallas County, Texas, United States. The 2020 census population was 16,661. Addison is immediately north of Dallas. Addison and Flower Mound were the only two Texas municipalities labeled "towns" with a popul ...
, and Tom Fricke is the company's chief executive officer.
Sun Capital Partners Sun Capital Partners, Inc., is an American private equity firm specializing in leveraged buyouts. Sun Capital was founded in 1995 by Marc J. Leder and Rodger Krouse, former classmates at the Wharton School of the University of Pennsylvania and ...
is a major investor in the company dating back to June 2010. On January 27, 2020, Bar Louie filed for bankruptcy and closed 38 locations. During the
COVID-19 pandemic The COVID-19 pandemic (also known as the coronavirus pandemic and COVID pandemic), caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), began with an disease outbreak, outbreak of COVID-19 in Wuhan, China, in December ...
, Bar Louie closed an additional 22 locations. On March 26, 2025, Bar Louie once again filed for
Chapter 11 bankruptcy Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, w ...
, listing assets between $1 million to $10 million, and liabilities between $50 million to $100 million. The filing revealed that Bar Louie owes millions to many of its creditors, including US Foods Dallas, a subsidiary of
US Foods US Foods Holding Corp. (formerly known as U.S. Food service) is an American food service distributor founded in 1989. With approximately $24 billion in annual revenue, US Foods was the 10th largest private company in the US up until its IPO. ...
. Bar Louie stated that their sales did not recover after the effects of the COVID-19 pandemic, and blamed its bankruptcy filing on operational and financial challenges. The company immediately shuttered 13 of its corporate owned locations as part of the filing.


References

Restaurant chains in the United States Restaurants established in 1990 Companies based in Addison, Texas Companies that filed for Chapter 11 bankruptcy in 2020 Companies that filed for Chapter 11 bankruptcy in 2025 Restaurant franchises 1990 establishments in Texas {{US-restaurant-stub