Logan's Roadhouse Files For Bankruptcy
SACRAMENTO (CBS13) — A restaurant chain with three locations in the Sacramento area is filing for bankruptcy.
Logan's Roadhouse filed for Chapter 11 bankruptcy on Monday after a nearly 9 percent drop in customers in the first half of 2016 over the previous year. The company also missed an interest payment to bondholders in April.
The Nashville-based company plans to close 18 underperforming restaurants, but has not disclosed which ones those will be.
The company has locations in Natomas, Elk Grove and Citrus Heights.
