Displaying items by tag: Stella’s Lounge
GRAND RAPIDS — BarFly Ventures LLC — the parent company of HopCat, Stella’s Lounge and Grand Rapids Brewing Co. — has sold its assets as part of a Chapter 11 bankruptcy reorganization.
LANSING — Michigan restaurants and bars are now able to expand alcohol sales as well as the area where patrons can consume drinks.
Overly aggressive expansions, lease disputes and sagging interest in craft beer-based casual restaurants were contributing factors to BarFly Ventures LLC’s bankruptcy filing this month before business was decimated by COVID-19, court records show.
The MiBiz Growth Report for June 7, 2020.
GRAND RAPIDS — BarFly Ventures LLC, the parent company of the HopCat chain of beer bars, has filed for Chapter 11 bankruptcy this morning in the U.S. Bankruptcy Court for the Western District of Michigan.
GRAND RAPIDS — BarFly Ventures LLC, the parent company that operates the growing HopCat craft beer bar chain, has secured a new $5 million investment to further its expansion in the Midwest, MiBiz has learned.