Outback Steakhouse’s Largest Franchisee Files for Bankruptcy, 61 Locations Potentially For Sale
Outback Steakhouse's largest franchisee, Cerca Trova Restaurant Group Holdings, has filed for bankruptcy, leading to the potential sale of 61 locations. These affected restaurants are situated in Arizona, California, Colorado, Nevada, and New Mexico. This news is trending in Birmingham,…
Birmingham, AL, November 8, 2026 — Cerca Trova Restaurant Group Holdings, identified as the largest franchisee of Outback Steakhouse, has initiated bankruptcy proceedings. This filing places 61 of its Outback Steakhouse locations in a position where they may be sold.
The restaurants affected by this bankruptcy filing are located across several states. These include establishments in Arizona, California, Colorado, Nevada, and New Mexico. The specific details regarding the timeline of the bankruptcy filing or the anticipated timeline for any potential sale of these locations were not provided in the available information.
Cerca Trova Restaurant Group Holdings’ financial situation has led to this significant development within the Outback Steakhouse franchise network. The company’s status as the largest franchisee underscores the potential impact of these proceedings on the brand’s presence in the affected regions. The number of employees affected by this potential sale was not specified.
While the bankruptcy and potential sale of 61 restaurants is a notable business event, this particular news is reportedly trending in Birmingham. It is important to note that the actual restaurant locations impacted by the bankruptcy are not situated within the Birmingham area.
Further details concerning the reasons for the bankruptcy filing, the terms of any potential sale, or the future operational status of the 61 Outback Steakhouse locations were not made public.
Story summarized from the original created by Brandy Beard on www.wbrc.com, see more information here.
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