KANSAS CITY, Mo. — Kansas City, Missouri-based Bread & Butter Concepts has filed for Chapter 11 bankruptcy.
Founder/CEO Alan Gaylin filed Nov. 9 at U.S. Bankruptcy Court – Kansas. The petition also notes the following pending bankruptcy cases related to Bread & Butter Concepts: Texaz Crossroads, Texaz Plaza Restaurant, Texaz South Plaza and Texaz Table Restaurant of Kansas.
An affidavit states that gross revenue from all Bread & Butter Concepts operations were down roughly 12.4 percent in fiscal 2018 compared to fiscal 2017. Gaylin states that “declining sales along with increased business costs have burdened the business significantly,” according to the affidavit.
Bread & Butter Concepts was founded in 2009.
Its first restaurant concept was BRGR Kitchen + Bar in Prairie Village, Kansas. It opened a corporate headquarters location in the Crossroads in 2016, which includes “the executive team, a new event center named Cherry Hall (opened July 2018) and Missing Ingredient, an urban farm.”
