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Buffets reports net loss of $1.63 million for month ended March 29
By Angela McDaniels
Tacoma, Wash., April 24 – Buffets, LLC reported a net loss of $1.63 million for the month ended March 29 on $174,531 of revenue, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Western District of Texas.
For the month ended March 1, the company reported a net loss of $1.57 million on $158,306 of revenue.
Cash was $2.11 million of March 29, up from $61,234 as of March 1.
Based in Hollywood Park, Texas, Buffets operates a chain of buffet-style restaurants. The company re-entered Chapter 11 bankruptcy on March 7 under the case number 16-50557.
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