Round Table Pizza files for Bankruptcy


Round Table Pizza Inc has filed for Chapter 11 bankruptcy protection. In bankruptcy documents filed in bankruptcy court in Oakland, the company revealed assets between $10 million to $50 million and liabilities of about the same amount.

Most of the pizza chain’s 483 restaurants in seven western states will not be affected by the bankruptcy. Out of these 483 restaurants, 355 are run by franchise operators and the rest are owned and run by Round Table Pizza Inc. itself. About 30 of the 128 Round Table-owned restaurants are in the Bay Area. Those are located primarily in the East Bay, South Bay, San Mateo County and Solano County.

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