Pizza Chain Files For Bankruptcy
Concord, CA– Round Table Pizza Inc. filed for Chapter 11 bankruptcy Wednesday but executives say it won’t affect the pizza chain’s 483 restaurants for now.
According to court documents, the Concord-based company blamed its financial troubles on an expansion it launched just before the recession hit. The company listed debts ranging from $10 million to $50 million.
Round Table owns 128 restaurants and has 355 franchises in Alaska, Arizona, California, Hawaii, Nevada, Oregon and Washington.
Sonora has two Round Table Pizza locations.
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