Bertucci's Files For Bankruptcy, Closes Several Massachusetts Locations

Bertucci's

Bertucci's Inc., the chain of Italian eateries rooted in the Boston area, will be auctioned off after filing for bankruptcy protection amid intense competition for diners who have less time for sit-down dining.

The local restaurant posted a message on its Facebook page Monday thanking team members and guests for their support through the years.

The closely held restaurant company, based in Northborough, Massachusetts, may close about half its locations and plans to hold an auction where the opening bid will be worth about $19.7 million, Chief Financial Officer Brian Connell said in court papers filed Sunday.

"From consumers' perspectives", Riehle said, "there's nothing more convenient than having the restaurant come to them".

The chain's Melville location, the only Long Island restaurant still listed on the company's official website, is open for business.

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A Bertucci's spokesman didn't immediately return a phone call and an email from NJ Advance Media asking bout the fate of the chain's five restaurants in New Jersey. Bertucci's is considering selling its assets to Right Lane Dough Acquisitions LLC, which hopes to continue the company's business.

No more details were provided regarding whether or not those locations were still open or had already closed.

The deal is valued at roughly $20 million, the Wall Street Journal reported.

Bertucci's now operates 70 restaurants on the East Coast from Virginia up to New Hampshire, including eight locations in Connecticut: Avon, Darien, Glastonbury, Newington, Shelton and Manchester.

Bertucci's management told the bankruptcy court it wanted out of 29 leases.

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