Sausalitos files for bankruptcy in Germany

The famous Mexican food & drink chain Sausalitos has filed for bankruptcy, which will affect many businesses around the country.

The large cocktails and Mexican dishes Sausalitos have been offering its fans are not meeting the standards to keep the business running for long. Regular customers will be seeing the after-math of Sausalitos filing for bankruptcy as soon as May.

Sausalitos needs investors to continue

The regional branches that can independently operate will not be immediately affected by the financial crisis Sausalitos Holding GmbH, but potentially, there will be changes on how the businesses run. 

According to the district attorney, the goal at the moment is to find investors in a timely manner while continuing operations as smoothly as possible.

The changing customer behaviors since the pandemic has been listed as one of the reasons. Loyal customers can expect a change in the Sausalitos journey in around 40 franchises nationwide.

Image by Marylou Fortier via Unsplash