Texas-based Razzoo’s, Inc., the parent company of the popular Razzoo’s Cajun Cafe chain, filed for Chapter 11 bankruptcy on October 1 in the U.S. Bankruptcy Court for the Southern District of Texas (Houston Division). The move comes as the company works to restructure debt while keeping its restaurants open during the proceedings.
Razzoo’s Cajun Cafe’s Parent Company Files for Bankruptcy Protection
Founded in 1991, Razzoo’s Cajun Cafe has been serving Louisiana-inspired flavors across more than 20 locations in Texas and North Carolina. According to PacerMonitor, the chain itself did not file for bankruptcy, the parent company’s filing covers its operations and aims to stabilize the business amid ongoing financial pressures, including post-pandemic sales declines and rising competition from other casual dining chains.
The brand has between $10,000,001 and $50 million in assets and liabilities. The chain has between 1,000 and 5,000 unsecured creditors.
For 30+ years, the Cajun chain has been serving Louisiana flavors across its 20 locations in Texas and North Carolina. However, Razzoo’s Cajun Cafe has faced declining sales since the pandemic began…