Texas rest restaurants rent rentals Foodruckers and Lubby plans to reduce advertising

On Tuesday, the board of directors of Lubby and Foodruckers’ parent company approved plans to liquidate both restraints. Lubby Inc. could distribute about 92 92 million to 12 123 million to its shareholders, then dissolve the company.

Sales of liquidation plans could also result, the company said in a statement.

According to the website, on September 8, Lubby runs eight rest restaurants in Dallas-Fort Worth. Some lobbies were already closed, such as the cafeteria on Mockingbird Lane near Abrams Road in East Dallas and the restaurant on Highway 67 in Duncanville.

The Foodruckers website lists seven rest restaurant rentals in North Texas, although six have been marked as “temporarily closed” and the phone has been disconnected. In Rokavallam, one of the remaining foodcruiser restaurants, was open from September 8.

Lubby Inc. announced in a statement in June that it was considering selling its assets. According to a news story, Lubby and Fudruckers were “equipped with a coronavirus epidemic” Street. A story in QSR More than half of the corporate office fees fell in March, and the salaries of the remaining employees were cut by 50%, according to a trade publication focusing on fast service and a fast-paced casual restaurant industry.

The spokesperson did not respond to questions regarding the liquidation and dissolution plan.

Even before the coronavirus epidemic, the company noted a loss of revenue.

Christopher Dad is the CEO and President of Lubi. It also owns Pappas Restaurants, CTO and co-owner, a Texas company that operates Pappadex Seafood Kitchen, Pappasito’s Cantina, Pappas Bros. Steakhouse and more.

Fudruckers was started in 1979 by Phil Romano, a Dallas restaurateur. His idea was to open a hamburger restaurant that could compete with McDonald’s but offer a more theatrical experience at a lower price.

“I said,‘ I’m going to make a bigger, better hamburger, lo [McDonald’s] The clowns got out, put the beer in there, and updated it further. “The Romans called on Tuesday after announcing the liquidation plan,” he said. The Romans are no longer involved in the Foodruckers.

As foodrucks developed in Texas, restaurants followed a model originally established in San Antonio by the Romans: employees grinding burger meat on site and not baking at home, taking fragrant bread to the restaurant to get customers’ attention. The signature features at the restaurant include your own lettuce, tomato and onion bar and the famous Squart of Foodruckers તમારી your own cheese sauce.

Lubby was also founded in San Antonio, although it originated in 1947. At founder Bob Lubby’s cafeteria chain, customers carry trays down the line, preferring comfortable foods such as meatloaf, pot pie, fried okra and macaroni and cheese. Lubi was known for its Luen Platter – a small entry, two sides and a roll.

It was not immediately clear if the remaining Lubby and Fudruckers restaurants in Dallas-Fort Worth would be operational.

For more food, follow Sarah Bleskovich on Twitter sblaskovich.