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Colorado Springs

Bar Louie in Colorado Springs closes without notice, files for Chapter 11 Bankruptcy

COLORADO SPRINGS, Colo. (KRDO) -- Multiple employees reached out to us saying that the sudden closing of Bar Louie on Cinema Point, a location of the popular gastropub chain, left them blindsided.

The employees, who have asked to remain anonymous, tell us they were informed by management Sunday morning that the restaurant was now permanently closed, effective immediately.

According to the employees, the decision came from corporate who also closed two other Bar Louie locations in Denver the same day.

A report from CNN says the restaurant chain has filed for bankruptcy, closing over a third of its locations to "strengthen its operational and financial position."

Dozens of former employees in Colorado Springs are now scrambling for jobs. Some are worried about getting a final paycheck.

We've reached out to Bar Louie for comment.

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Suzie Ziegler

Suzie is a digital content producer and reporter. Learn more about Suzie here.

Comments

38 Comments

  1. I expect we’ll see this more and more in places like Colorado with high (and rising) minimum wage.

    1. In this case I do not think that was the cause a good waitress can bring in an Extra $10 to $15 an hour if the place has good clientèle and a good location. But there is a lot of competition in the bar industry. Also these are franchises and may have lost their franchise license or there was an increase in the fee.

  2. There has been a lot of places closing and screwing there employes .just because you feel safe at your job, you never know.

  3. Here you go open your own Bar Louie Relevant restaurant or business experience
    A strong work-ethic
    An eye for talent
    A desire to be a part of their community

    And you need to have some cash and equity – per location we require:

    $500,000 in Liquid Assets
    $1,500,000 in Net Worth
    Ability to execute and open quickly

  4. Makes you wonder if it is a rent/lease issue now. Fox and Hound and now Bar Louie both in the same First and Main development.

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