"The popular chain of gastropubs filed for Chapter 11 bankruptcy a second time in March 2025, citing what has become boilerplate for the industry these days: change in consumer behavior, and the much-noted increasing food and labor costs. The filing affected 39 locations nationwide. However, Sun Holdings, which also acquired the Uncle Julio's Mexican restaurant chain when it went into foreclosure, acquired Bar Louie as of October 2025."
"Bar Louie began in Chicago in 1990 as a corner bar known for hand-crafted martinis and higher-end food. When they filed for Chapter 11 bankruptcy in March, they had liabilities between $50 million and $100 million and 5,001 to 10,000 listed creditors. There is no word on what Sun Holdings paid for the acquisition, and the company has not made any firm claims about what the future might hold for the chain."
Bar Louie filed Chapter 11 bankruptcy in March 2025, citing shifts in consumer behavior and rising food and labor costs, with the filing affecting 39 locations. The chain operated 134 locations in 2019 but entered bankruptcy first in January 2020 and contracted to 39 locations under new management. At the March filing the company reported liabilities between $50 million and $100 million and listed between 5,001 and 10,000 creditors. Sun Holdings acquired Bar Louie in October 2025 after previously acquiring Uncle Julio's and did not disclose the purchase price. Guillermo Perales called the acquisition an exciting step in growth strategy.
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