by Robin Garr » Tue Jun 16, 2009 2:48 pm
Actually, to its credit, Amerigo management sent out a news release, exclusive to LouisvilleHotBytes.com, letting us know about this and expressing their regret at leaving the Louisville community. Give them credit - that shows more class than closing the doors and quietly sneaking away ...
Amerigo Restaurant in Louisville Ceases Operations
NASHVILLE – June 15, 2009 – Vivid Restaurant Concepts, LLC announced today that it has ceased operations at its financially troubled Louisville location at 871 S. Hurstbourne Pkwy. The original Amerigo restaurants in Ridgeland, Mississippi; Nashville, Brentwood, and Memphis, Tennessee are financially sound and will continue to operate. Louisville General Manager Brandie Gartman, a seven-year Amerigo veteran, will remain with the restaurant group, transferring to the Jackson, Mississippi Amerigo location. Ms. Gartman was a finalist for manager of the year in the 2009 Kentucky Restaurant Associations awards.
“We are sad that we couldn’t reach a mutually beneficial agreement with our landlord. The restaurant had 40 wonderful employees in Louisville and we wanted to keep the restaurant open for them, but a deal could not be reached, “said Paul Schramkowski, co-owner of JHS Holdings, a bidder for the restaurant presently in receivership.
In January of 2009 Vivid Restaurant Concepts entered into receivership because of an inability to meet financial obligations to General Electric Capital Corporation. A group of long tenured management, including 20-year veteran Doug Hogrefe, senior operator of the Amerigo Restaurants in Nashville and Brentwood; Paul Schramkowski, executive chef of all Amerigo Restaurants and Char Restaurant, a steakhouse in Mississippi also owned by Vivid Concepts; and David Joseph, 20-year veteran and senior operator of the Mississippi Amerigo and Char Restaurant, formed JHS Holdings to acquire the original five financially sound restaurants still in receivership. Pending the results of the June 29, 2009 Federal Court hearing, the sale will be final by June 30, 2009.
“We originally intended to include Louisville in our buyout offer for Amerigo and Char,” continued Schramkowski. “But since we couldn’t reach mutually beneficial terms, we had no other choice to protect the other original restaurants and the nearly 350 employees in them. This final restaurant closure places the company back on firm financial footing and we are excited to be able to continue our focus on excellence in food and service within those restaurants. We are happy to retain the management talent that Brandie Gartman brings us, but we are very sad to leave the great city of Louisville. We hope to find a way to re-enter this market someday.”