2 New Hampshire Bertucci’s restaurants close after bankruptcy

Only one Bertucci restaurant remains in New Hampshire after the abrupt closure of two other restaurants in the state on Monday. In the filing, the chain’s parent company cited the impact of COVID-19 and inflation, saying both led to lower sales and higher expenses. In fiscal 2021, the chain suffered an operating loss of $14 million and a net loss of $7.2 million. A Bertucci employee who wishes to remain anonymous said staff found out the New Hampshire mall was closing permanently during a meeting on Monday morning. “I was pretty blindsided,” the employee said. “I didn’t think that was what the meeting was about. I expected it to be about how we were going to organize the holidays.” According to the company’s store location listing, the restaurant on Amherst Street in Nashua is the only remaining location in Granite State. It is still open every day at 11 am. Employees were offered severance pay or a transfer to the Nashua site. “However, after speaking with the management team, they have been inundated with people from the Salem site and they have a boat full of servers already there,” the employee said. “So they won’t be able to keep the promise of a transfer.” Now many are looking for a new place to work. “It’s not the best business decision for Bertucci to close two sites just before the holidays,” said the Six restaurants in Massachusetts also apparently closed, according to a comparison of the company’s listing on Tuesday and earlier this year.According to the company’s website, 31 Bertucci restaurants are still open nationwide, including 20 in the Massachusetts, 1 in New Hampshire and locations in Connecticut, Delaware, Maryland, New Jersey, Pennsylvania, Rhode Island and Virginia In the filing, Bertucci’s was estimated to have between 10 and 50 million dollars in assets No liabilities have been listed e.

Only one Bertucci restaurant remains in New Hampshire after the abrupt closure of two other restaurants in the state on Monday.

The Manchester and Salem site closures come as the restaurant chain filed for Chapter 11 bankruptcy in federal court.

In the filing, the chain’s parent company cited the impact of COVID-19 and inflation, saying both led to lower sales and higher expenses. In fiscal 2021, the chain suffered an operating loss of $14 million and a net loss of $7.2 million.

A Bertucci employee who wishes to remain anonymous said staff found out the New Hampshire mall was closing permanently during a meeting on Monday morning.

“I was pretty blindsided,” the employee said. “I didn’t think that was what the meeting was about. I expected it to be about how we were going to organize the holidays.”

According to the list of company store locations, the restaurant on Amherst Street in Nashua is the only remaining location in the Granite State. It is still open every day at 11 a.m.

Employees were offered severance pay or a transfer to the Nashua site.

“However, after speaking with the management team, they have been inundated with people from the Salem site and they already have a boat full of servers there,” the employee said. “So they won’t be able to keep the promise of a transfer.”

Now many are looking for a new workplace.

“It’s not Bertucci’s best business decision to close two sites just before the holidays,” the employee said.

Six Massachusetts restaurants have also apparently closed, according to a comparison of the company’s listing Tuesday and earlier this year.

According to the company’s website, 31 Bertucci restaurants are still open nationwide, including 20 in Massachusetts, 1 in New Hampshire, and locations in Connecticut, Delaware, Maryland, New Jersey, Pennsylvania, Rhode Island and Virginia.

In the filing, it was estimated that Bertucci had between $10 million and $50 million in assets. No liabilities have been listed.

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