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Report: Scotty's Brewhouse in Waco closing after company files for bankruptcy

Posted: 2:32 PM, Dec 12, 2018
Updated: 2018-12-12 20:35:27Z
Report: Scotty's Brewhouse in Waco closing after company files for bankruptcy

Scotty’s Brewhouse in Waco will close after the company filed for Chapter 11.

Four restaurants in Muncie, Indiana, downtown Indianapolis, Carmel, Indiana, and Waco are closing.

Scotty’s Brewhouse opened where the Waco Twin Peaks restaurant used to be located. The Waco location was the first Scotty’s Brewhouse to open in Texas.

The restaurant has only been open since March 5 .

According to Wishtv , the company describes it as a court-supervised financial restructuring:

“The process we have initiated today will allow us the opportunity to emerge stronger and better position the Company for growth," said Brand President Chris Martin via a press release. "We will close locations that are not profitable by the end of this year. Additionally, the company moving forward will focus its efforts on growing the brand through franchising as well as management agreements. These actions will allow us to provide better service to our guests and strategically expand with new locations in the future.”

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