TAMPA, Fla.--(BUSINESS WIRE)--World of Beer (WOB) Bar & Kitchen has successfully emerged from Chapter 11, less than five months after it filed to restructure. The Tampa-based company restructured legacy debt during its financial reorganization and is bullish on its future as it continues to field inquiries for future franchise development. WOB Bar & Kitchen’s CEO forecasts the company will open four to five franchise locations annually over the next five years.
“This is an exciting day,” said WOB Bar & Kitchen President and CEO Paul Avery. “Our emergence from Chapter 11 places WOB on a solid path for long-term success – while maintaining the quality of the WOB Bar & Kitchen experience.
“We remain deeply committed to serving our loyal customers, supporting our employees and franchises, and driving innovation and growth in a competitive market. With an exceptionally strong leadership team, I believe this is just the beginning of a prosperous new chapter for our brand.”
WOB Bar & Kitchen opened a new restaurant on Saturday, Dec. 21, in Fort Worth, Texas, in addition to its recently-opened locations in Hinesville, Ga., Odessa, Fla., Jacksonville, Fla., and its scheduled restaurant opening in Annapolis, Md. in early 2025.
Founded in 2007, WOB Bar & Kitchen has more than 30 restaurants nationwide.
About WOB Bar & Kitchen
WOB Bar & Kitchen was founded in 2007 by two best friends in Tampa, Fla. who wanted to create a welcoming place where friends could gather, drink, eat and explore. WOB, the original craft beer bar, boasts hundreds of beers and rotating taps at each location along with signature food menus specifically designed to enhance the flavor of beers including WOBs proprietary beer, Secret Llama. Secret Llamas Blueberry Wheat Ale was amply named as Untappd’s “2023 #1 Fruited Wheat Beer-Florida.” WOB has grown to a franchise with 30+ locations in the United States. For more information, visit www.worldofbeer.com and follow on Facebook, Instagram and TikTok.
