Bugaboo Creek Steak House has finalized its sale to Capitol BC Restaurants LLC, a sister company of New York City-based Capitol Q Restaurants LLC, and is operating its 12 units in the Northeast, the company said Friday.
The $10.1 million sale of Bugaboo, from former owner CB Holding Corp. was first announced in March, after CB Holding filed for Chapter 11 bankruptcy protection.
Bugaboo Creek is now operating in Delaware, Maine, Maryland, Massachusetts, New Hampshire and New York.
The chain’s promotional coming-out party starts on Monday with LobsterFest, a summertime menu featuring items such as lobster & asparagus topped filet, lobster & shrimp penne pasta, lobster roll, lobster & shrimp nachos and lobster bisque in a bread bowl. Those items are available through September 5.
“Since taking ownership of Bugaboo Creek Steak House in late April, our team has been working very hard to provide the finest in food, service and atmosphere for all our guests, while bringing the restaurant back to its original and unique Rocky mountain culture and environment,” company president Christopher Campbell said in a statement.
CB Holding Corp., former parent company of Bugaboo Creek, Charlie Browns, and The Office Beer Bar & Grill chains filed for Chapter 11 Bankruptcy protection last November and proceeded to sell all of its assets. In the process, it closed 18 Bugaboo Creek units.
The Canadian Rockies-themed, casual-dining chain’s new parent company also holds franchise rights for Qdoba Mexican Grill restaurants in the Washington, D.C., and Los Angeles metropolitan areas.
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