San Antonio Italian mini-chain Guillermo’s has filed for Chapter 11 bankruptcy reorganization, a 'strategic decision' that will allow it to stay in operation, the San Antonio Business Journal reports, citing company ownership.
San Antonio Italian mini-chain Guillermo’s has filed for Chapter 11 bankruptcy reorganization, a"strategic decision" that will allow it to stay in operation,
The move will allow Guillermo’s to pay off debts while avoiding the closure of both its locations, Guillermo’s President William Garza told the publication. The original Guillermo's, located at 618 McCullough Ave., has served Italian American fare to downtown San Antonio diners since 1995. In 2021, the company. “I was trying to strategize and look at the numbers and see what’s going to ensure that we’re here for my staff, for myself and my family, and my customers. That was the decision made to ensure that we’re not going anywhere.”
In addition to the pandemic-related hangover that's affected other hospitality businesses, Guillermo's faced $100,000 in Department of Labor fines for overtime issues, which have since been corrected, according to theSince 1986, the SA Current has served as the free, independent voice of San Antonio, and we want to keep it that way.
Becoming an SA Current Supporter for as little as $5 a month allows us to continue offering readers access to our coverage of local news, food, nightlife, events, and culture with no paywalls.Nina Rangel uses nearly 20 years of experience in the foodservice industry to tell the stories of movers and shakers in the food scene in San Antonio.
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