AN ICONIC restaurant, and rival to the Italian chain Olive Garden, has abruptly closed down.
Locals spotted a closing sign in the window of American-Italian restaurant Buca di Beppo in Castleton Square, Indianapolis.
The Buca di Beppo restaurant in Castleton Square, Indianapolis has closed down for good[/caption]
Locals spotted a closing down sign on the restaurant window[/caption]
It read: “We are thankful to you, our local guests, for giving us the opportunity to serve you.
“It’s with great appreciation and gratitude that we say thank you for all the years.”
Pictures of the sign were posted to Facebook yesterday, with customers stating that they weren’t surprised in the comments.
One wrote: “Surprised it lasted as long as it did.”
Another speculated that the restaurant “gave up years ago.”
A third expressed doubts for the future of the chain, saying: “I believe you’re gonna start seeing all the other restaurants close down.
“Buca seems to be not renewing leases nationwide.”
The company currently still runs two branches in the nearby areas of Greenwood and Downtown.
The Castleton Square site, which originally opened in 1999, seems to have closed down in August, along with 12 other branches across 11 states.
It came as the company filed for bankruptcy, with chief restructuring officer William Snyder saying it had never bounced back from the pandemic.
Since 2020, it has closed a total of 30 restaurants, leaving it with 44 locations at present.
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The chain’s woes continued this year, as revenue in the first five months dropped 10% compared to $74.8 million last year.
It now owes 30 creditors around $50 million, per USA Today, and hopes to scrape back crucial earnings on the leases of the 13 closed-down branches.
President Rich Saultz said the company also planned to restructure its 44 sites, as well as opening a new one.
In a statement, he said: “While the restaurant industry has faced significant challenges, this move is the best next step for our brand.
Open Buca di Beppo locations
The following US locations are listed as open to customers:
Arizona:
- Albuquerque- 6520 Americas Pkwy NE, Albuquerque, NM, 87110
- Arrowhead Fountains Center- 16091 N. Arrowhead Fountains Center Drive, Peoria, Arizona, 85382
- Mesa- 1730 S. Val Vista Drive, Mesa, Arizona, 85204
- Scottsdale- 3828 N. Scottsdale Road, Scottsdale, Arizona, 85251
California:
- Anaheim- 11757 Harbor Blvd., Garden Grove, California, 92840
- Brea-1609 E Imperial Hwy, Brea, CA, 92821
- Campbell- 1875 S. Bascom Ave., Campbell, California, 95008
- Carlsbad-1921 Calle Barcelona, Carlsbad, CA, 92009
- Claremont-505 W Foothill Blvd, Claremont, CA, 91711
- Encino- 17500 Ventura Blvd., Encino, California, 91316
- Huntington Beach-7979 Center Ave, Huntington Beach, CA, 92647
- Mira Mesa-10749 Westview Pkwy, San Diego, CA, 92126
- Palo Alto- 643 Emerson St., Palo Alto, California, 94301
- Pasadena- 80 W. Green St., Pasadena, CA, 91105
- Redondo Beach-1670 S Pacific Coast Hwy, Redondo Beach, CA, 90277
- Roseville- 1212 Galleria Blvd., Roseville, California, 95678
- Thousand Oaks- 205 N Moorpark Rd, Thousand Oaks, CA, 91360
- Universal Citywalk- 1000 Universal Studios Blvd., Universal City, California, 91608
- Valencia- 26940 Theater Drive, Santa Clarita, California, 91355
Florida:
- Celebration – Kissimmee-6282 W. Irlo Bronson Memorial Highway, Celebration, Florida, 34747
- Davie-3355 S University Dr, Davie, FL, 33328
- The Florida Mall – Orlando-8001 S. Orange Blossom Trail, Space 1304, Orlando, Florida, 32809
Illinois:
- Lombard- 90 Yorktown Road, Lombard, Illinois, 60148
Indiana:
- Downtown Indianapolis- 35 N. Illinois St., Indianapolis, Indiana, 46204
- Greenwood- 659 US 31 N., Greenwood, Indiana, 46142
Kentucky:
- Louisville- 2051 S Hurstbourne Pkwy, Louisville, Kentucky, 40220
Minnesota:
- Eden Prairie- 7711 Mitchell Road, Eden Prairie, Minnesota, 55344
- Maple Grove- 12650 Elm Creek Blvd., Maple Grove, Minnesota, 55369
- Minneapolis- 1204 Harmon Place, Minneapolis, Minnesota, 55403
- St. Paul- 2728 Gannon Road, St. Paul, Minnesota, 55116
Missouri:
- Kansas City-Plaza-310 W 47th St, Kansas City, Missouri, 64112
Nevada:
- Excalibur Hotel & Casino – Las Vegas- 3850 S. Las Vegas Blvd., Las Vegas 89109
- Las Vegas – Paradise- 412 E. Flamingo Road, Las Vegas 89169
- Las Vegas – Summerlin- 7690 W. Lake Mead Blvd., Las Vegas 89128
New Mexico:
- Albuquerque- 6520 Americas Parkway N.E., Albuquerque, New Mexico, 87110
Ohio:
- Worthington- 60 E Wilson Bridge Rd, Worthington, Ohio, 43085
- Columbus- 343 N Front St, Columbus, Ohio, 43215
- Strongsville- 16677 Southpark Center, Strongsville, Ohio, 44136
- Cincinnati- 2635 Edmondson Road, Norwood, Ohio, 45209
Tennessee:
- Coolsprings Crossing- 1722 Galleria Blvd, Franklin, Tennessee, 37067
Texas:
- Dallas – Southlake- 2701 E. State Highway 114, Southlake, Texas, 76092
- Dallas – Park Lane- 7843 Park Lane, Dallas, Texas, 75225
- Dallas – Frisco- 8580 State Highway 121, Frisco, Texas, 75034
- The Woodlands – Portofino Shopping Center- 19075 I-45 S., Shenandoah, Texas, 77385
Washington:
- Seattle- 701 Westlake Ave N, Seattle, Washington, 98109
“By restructuring with the continued support of our lenders, we are paving the way toward a reinvigorated future.
“Buca di Beppo has been a beloved gathering place for celebrations and memorable meals for many years, and we are enthusiastic about entering this next phase of our brand’s story.”
Buca di Beppo, which is headquartered in Orlando, Florida, was founded in Minneapolis, Minnesota in 1993.
At its peak, it had 100 locations across the US.
In 2008, it was acquired by Planet Hollywood Inc. for $28.5 million.
