“Over the last several months, the home office support team, general managers, and restaurant team members have worked hard to reopen the restaurants and stabilize the company,” said Ned Lidvall, CEO of Project BarFly. Baldwin said BarFly is renewing efforts to focus on off-premises sales and restoring hours of operations across each of the 11 locations.
The company entered court proceedings with more than $30 million in debt.Īccording to MLive, HopCat attempted takeout, but the switch to off-premises wasn’t breaking even. He told the Michigan House of Representatives Regulatory Reform Committee at the time that his company was evicted from one HopCat location and was in default at other stores. State and local restrictions forced a 100 percent drop in revenue for three months. He said BarFly was meeting those challenges until the COVID pandemic arrived. When BarFly filed for bankruptcy in June, founder Mark Sellers attributed the company’s decline to an increase in competition and saturation of the craft beer market. Our goal is to focus efforts around the company’s key markets and ensure HopCat, Stella’s, and Grand Rapids Brewing Company remain a thriving part of these communities.” “We strongly believe in each restaurant concept and intend to return the company’s focus to providing a unique, best-in-class customer experience. “We know the business extremely well from our experiences over the last five years,” Travis Baldwin, founder of Congruent, said in a statement. Food that is cooked and prepared in our kitchen may have come into contact with surfaces and equipment that are exposed to beef, pork, chicken, fish, and peanuts.BarFly Ventures, parent of HopCat, Stella’s Lounge, and Grand Rapids Brewing Company, has emerged from bankruptcy, selling for $17.5 million to private investment firms Congruent Investment Partners and Main Street Capital.Ĭongruent and Main Street, previously lenders to the company, will operate 11 units under the name Project BarFly LLC. Please notify your server if you have food allergies. *Consuming raw or undercooked meats, poultry, seafood, shellfish, or eggs may increase your risk of food borne illness. Inari, Vegan Sambal Mayo, Cucumber, Pickled Veg & CilantroĬrispy Filet, Buffalo Sauce, Pickles, MayoĬhopped Iceberg, Tomato, Red Onion, House Bacon Bits, Thousand Island, Bleu Cheese Crumbles SOUPS ”Beef” Patty, Velveeta, Pickles, Grilled Onions Plant-based Chicken, Teriyaki Sauce, Soy-Marinated Sauerkraut Grilled Chicken, Bleu Cheese Spread, Buffalo Sauce, Celery Pork Loin, Ham, Provolone, Mustard, Picklesīeef Patty, Velveeta, Grilled Onions, Picklesīeef Patty, Sweet Potato, House Made BBQ Sauceĭearborn Dog, Venison Chili, Onions, Mustard
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