Major Steakhouse Chain Faces Threat Amid Closure As Bankruptcy Looms
The parent group of 801 Chophouse, a popular steakhouse chain with several venues across the Midwest of the United States, has filed for bankruptcy.
The 801 Restaurant Group, which also runs the 801 Fish restaurants, filed for a “Chapter 11 reorganization” bankruptcy case on April 10, the company said in a statement shared with Newsweek by the legal team representing the group.
The company's financial issues are primarily tied to the closure of 801 Fish in downtown Denver in Colorado and 801 On Nicollet (formerly 801 Fish) in Minneapolis, Minnesota, according to the statement.
The group stated: “The companies that own and operate the restaurants are not in bankruptcy and there are no plans or need for them to file bankruptcy. The individual restaurant companies operating successfully are not impacted by the 801 Restaurant Group’s Chapter 11 filing.”
Newsweek has contacted the Office of the U.S. Trustee, who are overseeing the case, via email for comment.
Why It Matters
The bankruptcy filing by the 801 Restaurant Group comes as more than 2,000 U.S. retail stores and restaurants, such as Wendy's and Pizza Hut, have reportedly planned hundreds of closures for 2026.
What To Know
The Chapter 11 case lists liabilities amounting to around $18.7 million, according to bankruptcy documents reviewed by USA Today.
“The financial issues requiring restructuring arose from guarantees given by 801 Restaurant Group, LLC for other companies that it owns,” the company said in its statement, noting that “the purpose of the Chapter 11 is to restructure these and other obligations for which 801 Restaurant Group has liability.”
Minnesota's 801 On Nicollet restaurant closed suddenly before the 801 Restaurant Group's bankruptcy filing became public. The venue was shut just five months after it opened, according to the Twin Cities Business Journal.
Acknowledging the closure of 801 On Nicollet, as well as the 801 Fish in Denver, the group stated: “Except for the two closed restaurants, Chapter 11 is not expected to have any impact on the remaining locations.”
Founded in 1993, the family-owned 801 Restaurant Group is headquartered in Overland Park, Kansas. In addition to Minneapolis and Denver, its subsidiaries and affiliates have restaurant locations in Kansas City and Leawood in Kansas, St. Louis in Missouri, Omaha in Nebraska, Des Moines in Iowa, and Tysons Corner in Virginia, according to the company.
What Happens Next
The 801 Restaurant Group’s remaining restaurants will operate as normal while it negotiates a long-term financial plan under the bankruptcy filing proceedings.
A “341 meeting,” which is a meeting where debtors are questioned about their financial situation, is scheduled for May 13, according to the U.S. Bankruptcy Court in Kansas.
Newsweek's reporters and editors used Martyn, our Al assistant, to help produce this story. Learn more about Martyn.
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This story was originally published April 17, 2026 at 9:30 AM.