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Saturday, May 9, 2020

Gourdough's San Antonio Doughnut Shop Location Files for Bankruptcy Liquidation

Posted By on Sat, May 9, 2020 at 10:18 AM

  • Courtesy Photo / Gourdough's Public House
The San Antonio outpost of Austin's bigger-is-better doughnut shop Gourdough's has filed for bankruptcy liquidation.

Gourdough's Riverwalk LLC is sought Chapter 7 protection on May 6, according a filing with the U.S. Bankruptcy Court for the Western District of Texas in San Antonio.

Under Chapter 7 cases, owners typically sell off a business' assets to pay their creditors. The San Antonio location had $50,000 or less in assets and between $1 million and $10 million in liabilities, according to documents.

The filing comes roughly a year after the River Walk location opened. The restaurant was originally set to launch last February but delayed for a month for unspecified reasons.

Gourdough's original location has not filed for bankruptcy protection, according to an Austin Business Journal report.

So many restaurants, so little time. Find out the latest San Antonio dining news with our Flavor Friday Newsletter.

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