Sausalitos Restaurant Chain Files for Insolvency, Affecting 40 Locations

The German chain plans to continue operations while seeking an investor, with employee salaries secured through May 2025.

Sausalitos, a German restaurant chain specializing in Mexican-American cuisine, has filed for insolvency, impacting 40 company-owned locations and 1,000 employees.
The company attributes its financial struggles to changes in customer behavior following the COVID-19 pandemic and broader economic challenges in Germany.
Attorney Michael Schuster has been appointed as the preliminary insolvency administrator to oversee operations and find an investor to stabilize the business.
Employee salaries are guaranteed through insolvency payments until the end of May 2025, ensuring short-term financial stability for workers.
Franchise-operated Sausalitos locations remain unaffected by the insolvency proceedings, and all affected company-owned restaurants will stay open during the process.