This Beloved Bakery Chain Only Declared Bankruptcy

Maison Kayser is a New York staple. The bakery string is solely from the large apple, however the standing of the 16 places is unknown. Filed the papers in court lately that reveal the series 's {} after a demanding 2020. Along with filing bankruptcy, it notes $70 million in debt and also a sale of U.S. places. The purchase is critical, however. Maison Kayser's possible new proprietor Aurify, also purchased Le Pain Quotidien before this year.That sale spared the cafe out of closing permanently. All places still stay closed, yet, as stated by the cafe's {} . It’s uncertain if Maison Kayser are also set to start back up, also. (Connected: 15 Classic American Desserts That Deserve a Comeback.) If any bidder provides a greater payment than Aurify's $3 million in money, then the purchase is going to be finished. Should that occur, the firm 's listing of New York City restaurants could increase. They also have the city's areas of the hamburger chain Five Guys.After opening in Paris in 1996, Maison Keyser enlarged to 22 states all around the world. Back in 2012, they landed at the U.S. around the Upper East Side of Manhattan. Cosmoledo expected to finally move to other towns throughout the nation but were unable to achieve that. A strategy to reorganize the New York places ceased if the coronavirus pandemic compelled them. Rather than just closing shops which weren't doing nicely before Marchthey had been made to furlough around 800 workers, file for bankruptcy, also market the new, because the city's reopening plan wasn'will be sufficient, based on Bloomberg.Maison Kayser is barely the first restaurant or bakery to apply for bankruptcy this past year. Garbanzo Mediterranean Fresh is among the most recent, however some places will remain open while the firm reorganizes.STAY INFORMED: Subscribe to our newsletter to find the most recent food and restaurant information delivered directly to your inbox.