The Fox & Hound location at 7502 W. Broad St. is closed after the company filed for bankruptcy in mid-August. (J. Elias O’Neal)
A national restaurant company has shut down one of its two Richmond outposts as it works to reorganize under Chapter 11 bankruptcy protection.
The Fox & Hound Sports Tavern at 7502 W. Broad St. in the Merchant’s Walk shopping center closed as a result of the recent bankruptcy filing of Dallas-based Last Call Guarantor LLC, which also owns the Bailey’s Pub & Grille and Champps Kitchen & Bar restaurant brands.
Another Fox & Hound location at 11581 Robious Road in Chesterfield’s Huguenot Village Shopping Center remains open and is listed on the company’s website.
Both the West End and Chesterfield restaurants were Bailey’s locations before they were changed to Fox & Hounds about a year ago. Last Call also operated a Champps at Stony Point Fashion Park, which it closed in February 2014.
A rogue shopping cart from the nearby Food Lion, an American flag still mounted on the front flag pole, and a broom stand inside the shadows of the empty restaurant were all that remained of the West Broad Street location Friday afternoon. The signs, which once fronted West Broad Street and the parking lot, have also been removed. The location has also been removed from the Fox & Hound website.
The Fox & Hound location at 11581 Robious Road in Chesterfield remains open despite the closure of its sister property in the West End. (J. Elias O’Neal)
Last Call owned and operated more than 48 Fox & Hound and Bailey’s locations across 25 states, including six in Virginia.
The West Broad Street location was one of 25 restaurants the company shut down nationwide as part of the bankruptcy process, according to numerous news reports.
Calls to Last Call’s corporate headquarters were not immediately returned Friday afternoon.
The company listed $10 million-$50 million in assets, and $100 million-$500 million in debt in its initial Aug. 10 bankruptcy filing.
A report last month in industry publication Nation’s Restaurant News said the decision by Last Call to move its entire workforce to part-time status due to concerns about the Affordable Care Act may have contributed to the bankruptcy filing.
According to the report, many of the workers had their hours significantly cut, prompting many, including managers, to flee the company. As a result of higher turnover, the report said the company’s training costs increased as it sought to train new workers.
The report also cited complications such as multiple rebranding issues and unpopular menu items as contributing to the company’s struggles.
The now-vacant, 8,200-square-foot Fox & Hound building is up for grabs as part of the recent listing of Merchant’s Walk shopping center. Maryland-based Kodiak Properties is selling the 219,000-square-foot, Food Lion-anchored retail property for an undisclosed asking price.
The Fox & Hound location at 7502 W. Broad St. is closed after the company filed for bankruptcy in mid-August. (J. Elias O’Neal)
A national restaurant company has shut down one of its two Richmond outposts as it works to reorganize under Chapter 11 bankruptcy protection.
The Fox & Hound Sports Tavern at 7502 W. Broad St. in the Merchant’s Walk shopping center closed as a result of the recent bankruptcy filing of Dallas-based Last Call Guarantor LLC, which also owns the Bailey’s Pub & Grille and Champps Kitchen & Bar restaurant brands.
Another Fox & Hound location at 11581 Robious Road in Chesterfield’s Huguenot Village Shopping Center remains open and is listed on the company’s website.
Both the West End and Chesterfield restaurants were Bailey’s locations before they were changed to Fox & Hounds about a year ago. Last Call also operated a Champps at Stony Point Fashion Park, which it closed in February 2014.
A rogue shopping cart from the nearby Food Lion, an American flag still mounted on the front flag pole, and a broom stand inside the shadows of the empty restaurant were all that remained of the West Broad Street location Friday afternoon. The signs, which once fronted West Broad Street and the parking lot, have also been removed. The location has also been removed from the Fox & Hound website.
The Fox & Hound location at 11581 Robious Road in Chesterfield remains open despite the closure of its sister property in the West End. (J. Elias O’Neal)
Last Call owned and operated more than 48 Fox & Hound and Bailey’s locations across 25 states, including six in Virginia.
The West Broad Street location was one of 25 restaurants the company shut down nationwide as part of the bankruptcy process, according to numerous news reports.
Calls to Last Call’s corporate headquarters were not immediately returned Friday afternoon.
The company listed $10 million-$50 million in assets, and $100 million-$500 million in debt in its initial Aug. 10 bankruptcy filing.
A report last month in industry publication Nation’s Restaurant News said the decision by Last Call to move its entire workforce to part-time status due to concerns about the Affordable Care Act may have contributed to the bankruptcy filing.
According to the report, many of the workers had their hours significantly cut, prompting many, including managers, to flee the company. As a result of higher turnover, the report said the company’s training costs increased as it sought to train new workers.
The report also cited complications such as multiple rebranding issues and unpopular menu items as contributing to the company’s struggles.
The now-vacant, 8,200-square-foot Fox & Hound building is up for grabs as part of the recent listing of Merchant’s Walk shopping center. Maryland-based Kodiak Properties is selling the 219,000-square-foot, Food Lion-anchored retail property for an undisclosed asking price.
950 JOBS LOST TO OBAMACARE. Thanks President Obama!
The Air conditioner in that place was often out, the beer selection was poor.
It seems the space from Glenside all the way down Broad to Parham is a death trap tor run of the mill franchise bars. Between all the options in Scott’s Addition and all the options in Short Pump.
Stan Stanfield –how is any of this Obama’s fault?
Ed—-try reading article about what sunk the company. Darwin hasn’t gotten you yet?
Ed Christina, did you read the article?
A report last month in industry publication Nation’s Restaurant News said the decision by Last Call to move its entire workforce to part-time status due to concerns about the Affordable Care Act may have contributed to the bankruptcy filing.
According to the report, many of the workers had their hours significantly cut, prompting many, including managers, to flee the company. As a result of higher turnover, the report said the company’s training costs increased as it sought to train new workers.
CUtting workers’ hours to avoid providing health insurance sounds like a poor business decision, especially as the US government is prepared to provide subsidies to keep it affordable. Last Call seems to have learned too late that good workers are worth something, and that cutting their hours this way brings big costs of its own.
Bradley….let me guess, you are an unthinking liberal with no common sense nor the gift of inductive reasoning?
First off, if Obamacare was to blame then wouldn’t their competitors be going out of business as well? Second, Champps sports bar owned by the same company went under way before Obamacare. The reality is the company probably mismanaged their locations or shuddered underperforming locations to reorganize. The exterior of the buildings for both locations are uninviting and the name sounds so cliche and outdated! With other fresh and inviting options their competitors offer, no surprise they closed! Remember Bills BBQ? They blamed Obama instead of themselves. The truth is their competitors ate their lunch!
Thank you James Dobbins for an intelligent response! I remember when Bill’s BBQ closed and tried to blame it on the ACA, horse hooey, poor business model, poor management, the list is endless.
Simplistic comments here. Not ALL businesses are as healthy as other businesses.
When an external cost shock (like Obamacare, increased meat costs, increased entitlement costs, increased electricity costs, increased regulatory costs, increased ANY costs) hit a market, as they have hit under this progressive administration, weaker companies die. Mediocre companies weaken and strong companies are slowed or stagnated.
Progressives toss torches, then wonder why all the fires.
Let’s all take a moment and remember what restaurant we’re talking about here. C’mon… it’s natural selection.
Agreed. Bill’s BBQ and Bailey’s, or “Fox and Hound” as it rebranded itself in it’s last days, was poorly run. They had no AC for the last month they were open, which was during the summer, in Richmond VA.
Blaming Obamacare for these two businesses going under is like a person who was on the Titanic being upset because water is getting into their shoes.