Major Outback Steakhouse Franchisee Files for Bankruptcy, Plans Sale of 61 Locations
Outback Steakhouse's large franchisee, Cerca Trova Restaurant Group Holdings (Out West Restaurant Group), has filed for Chapter 11 bankruptcy and intends to sell 61 of its restaurant locations across Arizona, California, Colorado, Nevada, and New Mexico.

Phoenix, AZ, November 8, 2026 — Cerca Trova Restaurant Group Holdings, a significant franchisee operating under the Outback Steakhouse banner and also known as Out West Restaurant Group, has initiated a Chapter 11 bankruptcy filing. The company, which operates a substantial number of Outback Steakhouse locations, has indicated plans to sell 61 of its restaurants as part of this restructuring process.
The bankruptcy filing was made in accordance with Chapter 11 of the U.S. Bankruptcy Code, which allows for reorganization of debt. The specific details of the financial situation leading to the filing were not provided in the summary.
The restaurants slated for sale are spread across five states in the Western United States: Arizona, California, Colorado, Nevada, and New Mexico. The exact timeline for the sale of these 61 locations was not specified. Information regarding the identity of potential buyers or the expected sale price for the portfolio of restaurants was also not made available.
This development impacts a considerable portion of Cerca Trova Restaurant Group Holdings’ operational footprint. Outback Steakhouse is a well-known casual dining chain specializing in Australian-themed cuisine. The company’s parent, Bloomin’ Brands, Inc., operates multiple restaurant concepts nationwide.
The contractor’s name involved in this situation was not provided. The total number of employees affected by this bankruptcy and potential sale was not detailed in the available information.
Further details regarding the bankruptcy proceedings and the proposed sale of the restaurant locations are expected to emerge as the Chapter 11 process unfolds.
Story summarized from the original created by Brandy Beard on www.azfamily.com, see more information here.
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