Bertucci’s Files For Bankruptcy Again & Closes MetroWest Location
FRAMINGHAM – Bertucci’s has filed for bankruptcy for a second time.
The Italian restaurant chain filed for Chapter 11 bankruptcy in federal court yesterday.
Citing the impact of the COVID-19 pandemic, inflation, declining sales, and food inflation, the restaurant chain declared bankruptcy for the second time in four years.
Several location have now closed.
Based on the restaurant’s website, Bertucci’s has closed its Marlborough location.
At this time, there is no impact to the Route 9 location in Framingham.
In fiscal year 2021, the restaurant chain had an operating loss of $14 million and a net loss of $7.2 million.
According to the company website, there are now just 31 Bertucci’s restaurants still open in the country, including 20 in Massachusetts and just 1 in New Hampshire. There are other locations in Connecticut, Pennsylvania, Rhode Island, Delaware, Maryland, New Jersey, and Virginia.