Roanoke has lost its only Hooters location as part of the fallout from a Richmond bankruptcy filing.
On Monday, the parking lot of the Williamson Road restaurant was empty and signs hanging on the front doors stated that the property had been reclaimed by the landlord, Spirit Master Funding III of Phoenix.
“Because of lease defaults, the Tenant has no right to possession of these premises or any furniture, fixtures or equipment located at the premises,” the notice stated.
The operator of the restaurant, Richmond-based Cornett Hospitality LLC, filed for Chapter 11 bankruptcy protection in late November, according to court documents. At that time, Cornett operated 12 restaurants in Virginia, Pennsylvania and West Virginia, including three other Hooters and a Topeka’s Steakhouse in and around Richmond, according to The Richmond Times-Dispatch.
Earlier this month, Spirit received permission from the U.S. Bankruptcy Court in Richmond to kick Cornett out of five buildings on the grounds that Cornett had broken its lease agreement before filing for bankruptcy, the Times-Dispatch reported.
According to the filing, Cornett may be millions of dollars in debt and has hundreds of creditors, including B&D Lock Co. and Budget Signs of Roanoke and Blue Ridge Beverage of Salem. The document lists “US Foodservice Roanoke” as one of its top 20 creditors, saying Cornett owes that company nearly $240,000.
Attorneys for both Spirit and Cornett could not be reached for comment late Monday afternoon.