Home / Business and Economy / Yardbird Southern Table files for bankruptcy
Yardbird Southern Table files for bankruptcy
22 Sep
Summary
- Yardbird Southern Table & Bar filed for bankruptcy on Sunday.
- Expansion costs, debt strain finances of the restaurant chain.
- The company aims for a going-concern sale during bankruptcy.
Florida-based Yardbird Southern Table & Bar filed for bankruptcy on Sunday, September 21, 2026. The company intends to sell its business, citing financial strain from expansion costs, operational issues, and pandemic disruptions. Yardbird plans to maintain normal operations throughout the bankruptcy proceedings as it seeks a going-concern sale.
The restaurant chain, founded in Miami Beach in 2011, is known for its Southern-inspired cuisine. Significant expansion efforts, including openings in Dallas, Washington D.C., Chicago, Las Vegas, and Singapore, were financed by substantial debt. The COVID-19 pandemic further complicated these efforts, impacting sales and consumer behavior across its diverse portfolio of locations.
The bankruptcy filing reveals approximately $24.8 million in funded debt and an estimated $24.2 million in unsecured claims. Major creditors include Brightwood Loan Services, City National Bank of Florida, and the restaurant financing platform inKind. Yardbird's approximately 508 employees will continue to be paid as the company seeks court approval for essential first-day motions.
