Fox and Hound bar in Winston-Salem closes
WINSTON-SALEM, N.C. — Fox and Hound English Pub & Grille at Thruway Shopping Center won’t be around for the Super Bowl this weekend because it has closed its doors.
The restaurant has been a meeting place for customers to watch major sporting events since it opened in 1998, including the Forsyth County Carolina Club’s viewing parties.
An unidentified man who answered the phone at the restaurant on Wednesday said that the location closed Sunday. He also said that the restaurant’s 45 employees have been offered jobs at other Fox and Hound restaurants or severance packages.
Two signs on the restaurant’s door read, “Sorry We Are Closed.” Another sign provides the number (800) 229-2118 for people with Groupon questions.
The corporate Fox and Hound website lists seven remaining restaurants in North Carolina — three in Charlotte, and one each in Chapel Hill, Huntersville, Raleigh and Wilmington. F&H Acquisition Corp., Fox and Hound’s parent company, filed for Chapter 11 bankruptcy protection Dec. 15, 2013.
F&H Acquisition operates sports bar and family dining restaurants. In addition to Fox and Hound, it operates Bailey’s Sports Grilles and Champps locations.
Before the bankruptcy filing, F&H Acquisition operated 101 restaurants in 27 states and had about 6,000 employees.
In its Chapter 11 filing, the company asked court approval of a debtor-in-possession facility that would give it a revolving credit facility of about $3.5 million on an interim basis and about $9.6 million on a final basis.
F&H Acquisition said in its filing that it had revenues of $218.8 million through September 2013, a 5 percent reduction over the same period in 2012.
The company also listed debt of about $119 million. The company cited various events that led up to its Chapter 11 filing, including declining restaurant sales, and a rise in commodity and food prices.
Rick Van Warner, a spokesman for Fox and Hound, said that F&H Acquisition is going through a corporate restructuring, but it is business as usual at most of its restaurants.
He said that the closing of the Fox and Hound at Thruway is unrelated to the Chapter 11 filing, saying the restaurant’s lease had expired and Fox and Hound chose not to renew it.
“Despite the best efforts of everyone there, the sales had not been performing at a level that made sense to renew the lease,” Van Warner said.