Several Ryan's Restaurants In SC Close Their Doors - WYFF

Home » What Happened To Ryan's Steakhouse » Several Ryan's Restaurants In SC Close Their Doors - WYFF

Maybe your like

Skip to content NOWCAST WYFF News 4 Today Watch on Demand Press enter to search Type to Search Search location by ZIP code ZIP Advertisement Several Ryan's restaurants in SC close their doors In 1977, McCall sold the Western Family Steak House chain to a corporation with an agreement that allowed him to be a competitor. In 1978, he opened the first Ryan’s on Laurens Road. The first public stock offering in 1981 raised $4 million. Currently, Ryan's Restaurant Group, Inc., operates more than 300 restaurants in 23 states In 1977, McCall sold the Western Family Steak House chain to a corporation with an agreement that allowed him to be a competitor. In 1978, he opened the first Ryan’s on Laurens Road. The first public stock offering in 1981 raised $4 million. Currently, Ryan's Restaurant Group, Inc., operates more than 300 restaurants in 23 states WYFF 4 logo Updated: 3:01 PM EST Mar 8, 2016 Editorial Standards ⓘ Advertisement Several Ryan's restaurants in SC close their doors WYFF 4 logo Updated: 3:01 PM EST Mar 8, 2016 Editorial Standards ⓘ Six Ryan’s locations in South Carolina have closed their doors, including those in Spartanburg and Greer.Buffets LLC, the parent company that owns Ryan’s, will file for Chapter 11 bankruptcy in order to restructure debts and liabilities."Buffets LLC was acquired by merger in August of 2015. The Chapter 11 filing is prompted by the discovery of liabilities, or alleged liabilities, that we believe were not disclosed in our negotiations,” Peter Donbavand, Buffets vice president of business development said. "We intend to investigate the propriety of the disclosures, and intend to consult with our counsel regarding any remedies we may have.” Restaurants in Columbia, Orangeburg, Conway and Surfside Beach are also among the South Carolina locations that have closed.Copyright 2016 WIS. All rights reserved.  COLUMBIA, S.C. (WIS) —

Six Ryan’s locations in South Carolina have closed their doors, including those in Spartanburg and Greer.

Buffets LLC, the parent company that owns Ryan’s, will file for Chapter 11 bankruptcy in order to restructure debts and liabilities.

Advertisement

"Buffets LLC was acquired by merger in August of 2015. The Chapter 11 filing is prompted by the discovery of liabilities, or alleged liabilities, that we believe were not disclosed in our negotiations,” Peter Donbavand, Buffets vice president of business development said. "We intend to investigate the propriety of the disclosures, and intend to consult with our counsel regarding any remedies we may have.” 

Restaurants in Columbia, Orangeburg, Conway and Surfside Beach are also among the South Carolina locations that have closed.

Copyright 2016 WIS. All rights reserved. 

Weather Information

Weather Team Logo Latest Forecast FEELS LIKE No weather data available HOURLY DAILY RADAR TRAFFIC

Share

  • Copy Link Copy {copyShortcut} to copy

Top Picks

Powerball jackpot crests over $1 billion again this year. Here are the odds to know. Need to save for presents? Skip the Christmas tree and grab a Christmas weed instead Good Housekeeping said this brand makes the best boxed mattress Viral video: Man walks 6-year-old girl to school after finding her alone in freezing weather Advertisement

Weather Information

Weather Team Logo Latest Forecast FEELS LIKE No weather data available HOURLY DAILY RADAR TRAFFIC Advertisement Loading more articles...

Tag » What Happened To Ryan's Steakhouse