CLEVELAND, OHIO – A popular gourmet sandwich chain, Melt Bar and Grilled, has recently filed for Chapter 11 Bankruptcy after years of downsizing. The company’s decision comes after closing multiple locations throughout Ohio, including spots in Akron, Dayton, and Cleveland Heights.
Owner Matt Fish cited the impact of the pandemic as a significant factor in the chain’s decision to scale back operations. The original Melt location, which opened in Lakewood back in 2006, has been a staple in the local restaurant scene for years.
The bankruptcy filing, reported to have total liabilities between $1 million and $10 million, indicates that the company owes an estimated 100-199 creditors. With uncertainties looming over the fate of the remaining Melt locations and its employees, questions arise about the future of this iconic sandwich establishment.
Following the closure of its Cedar Point location earlier in the year, the filing marks a challenging time for Melt Bar and Grilled. As the company navigates through this financial restructuring, customers and employees alike are left wondering about the chain’s stability and what lies ahead.
In the midst of these changes, the impact of the bankruptcy on Melt’s loyal patrons and dedicated staff remains a cause for concern. With the fate of the chain hanging in the balance, the local community awaits further updates on how this beloved eatery will weather the storm and emerge from this financial ordeal.