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Pizza buffet chain Cici’s files for bankruptcy

Cici's Pizza has filed for bankruptcy amid the COVID-19 pandemic.
Cici's Pizza has filed for bankruptcy amid the COVID-19 pandemic.(Cici's Pizza via CNN Newsource)
Published: Jan. 27, 2021 at 9:45 AM CST
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(CNN) - Buffet restaurant chain Cici’s has filed for bankruptcy.

Cici’s filed for bankruptcy in court on Monday, blaming the COVID-19 pandemic.

The chain has about 300 locations across 26 states.

Unlike other pizza establishments, Cici’s struggled to make delivery a viable option due to its buffet-style business model.

Regulations limiting in-person dining have also impacted the company’s bottom line. Cici’s has between $50 million and $100 million in liabilities.

The chain came to an agreement in December for its primary lender, D&G Investors, to purchase the company and its $82 million in debt.

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