Longtime Houston eatery District 7 Grill has filed for Chapter 11 bankruptcy after more than two decades in business. The East Downtown-based restaurant cited rising food costs and shifting customer habits as key reasons behind the bankruptcy filing.
Highlights
- District 7 Grill from the East Downtown area filed for bankruptcy.
- According to PacerMonitor, the Houston restaurant chain has around 50 creditors.
- The American-style grill operates four locations across Houston, including spots in Midtown and Memorial.
District 7 Grill Files for Chapter 11 Bankruptcy Protection
After nearly 22 years in business, District 7 Grill filed for bankruptcy protection in the Southern District of Texas. According to PacerMonitor, on August 5, District 7 Grill filed a Subchapter V voluntary petition.
The Houston-based restaurant chain reported estimated assets between $0 and $50,000.
The restaurant’s liabilities are estimated between $500,001 and $1 million. The data from PacerMonitor states that the food business has around 50 creditors.
About District 7 Grill
The flagship District 7 Grill location at 1508 Hutchins Street in East Downtown is among those affected by the Chapter 11 filing. Over the past two decades, the brand has expanded to include locations in Midtown, the Tunnel, and Memorial.
District 7 Grill is known for menu staples like short rib burgers and mahi mahi salad, drawing loyal diners from across the city.
The filing is intended to help the restaurant restructure its finances and address the gap between assets and liabilities. The Chapter 11 process also provides temporary relief from claims by unsecured creditors.