The below article is regarding a Don Pablo's that closed in Cincinati, Ohio under the exact same circumstances. The parent company that owns Don Pablos filed bankruptcy, and a different national restaurant chain called Buffalo Wild Wings bought several of the Don Pablos restaurant locations, including some in Virginia. This probably means that the Fair Lakes location will become a Buffalo Wild Wings restaurant.
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Don Pablo's closes restaurant
BY STEPFANIE ROMINE |
SROMINE@ENQUIRER.COM
The Don Pablo’s Mexican Restaurant in Springdale has closed and will reopen as a Buffalo Wild Wings.
A Don Pablo’s spokesman said this morning that the move comes as part of his company’s bankruptcy filing. Minneapolis-based Buffalo Wild Wings has bought eight restaurants in metropolitan areas of Minnesota, Ohio, New York, Texas and Virginia, including the Tri-County restaurant.
Meanwhile, the other four Don Pablo’s restaurants in Greater Cincinnati and Northern Kentucky – on Riverboat Row in Newport, at Rookwood Pavilion in Norwood, in West Chester Township, and on Montgomery Road in Symmes Township – will remain open, said Paul Seidman, the Don Pablo’s spokesman in Georgia.
The Tri-County site, which Seidman said was not profitable, closed Thursday.
“We hope that sales will increase” at the other stores, said Seidman. “(But) Cincinnati’s always been a good market for us.”
Don Pablo’s has closed restaurants in Florida, Pennsylvania, Indiana and in Columbus, Ohio.
Parent company Avado Brands Inc. announced in November that it had sold its remaining 83 Don Pablo’s Mexican Restaurants and Hops Grillhouse and Brewery restaurants, mostly to its primary bankruptcy lender, Rita Acquisition Corp., an arm of DDJ Capital Management LLC, which will run the four remaining local locations.
Avado filed for Chapter 11 bankruptcy protection in Delaware in November; the sales and transfers are subject to bankruptcy court approval, but the transaction is expected to be final during the first quarter of 2008.