Chain Breaks. Sam Seltzer’s Steakhouse Falls and Six Restaurants Shut Their Doors Leaving 300 Jobless

There won’t be any “All you Can Eat’ Ribs and 2 for 1 Drinks” at Sam Seltzer’s six locations, as the chain restaurant has closed for good in six Florida Cities. “Closed for Business” is today’s special at Sam Seltzer’s stores in Fort Myers, Clearwater, Port Richey, St. Petersburg, Tampa and Sarasota. leaving more  than 300 employees  jobless. Sam Seltzer’s Steakhouse was founded in Tampa in 1995.  John Mountford, President and CEO,  said the casual-dining chain was forced to close “due to increased economic pressure and the unstable restaurant environment and the inability to source reasonable funding.” The only Central Florida restaurant in the chain in Altamonte Springs closed in July 2008. The company declared Chapter 11 bankruptcy at that time.

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Posted by smokey on May 18 2010. Filed under In The Biz News, On Premise. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.