Chuck E. Cheese in Victorville dodges closure bullet – VVdailypress.com

VICTORVILLE– The Chuck E. Cheese restaurant in Victorville dodged the closure bullet this week after its moms and dad business on Wednesday applied for Chapter 11 insolvency defense.
On Friday, CEC Entertainment, which also owns the Peter Piper Pizza chain, revealed plans to permanently shutter about 34 Chuck E. Cheese restaurants across the nation.
Five Chuck E. Cheese areas in California were on the list of shop closures, including shops in San Bernardino, Ladera Heights, El Monte, Long Beach and Diamond Bar.
The bankruptcy choice followed the 43-year-old pizza chain, which is known for its food, video games, entertainment and singing mouse mascot, selected to momentarily close locations across the country amidst the COVID-19 pandemic.
In mid-March, Gov. Gavin Newsom called for all dining establishments statewide to suspend dine-in service. On May 12, Newson announced that dining establishments in some counties could resume their dine-in service.
Chuck E. Cheese was having a hard time economically even before the pandemic, with CEC listing almost $2 billion in financial obligation and $1.7 billion in assets in its bankruptcy petition, which was submitted with the U.S. Bankruptcy Court in southern Texas, the Associated Press reported.
CEC, which is owned by personal equity firm Apollo Global Management, published income of $913 million and a bottom line of $29 million in 2019, according to a court filing. Reserved birthday plans comprised about 16% of the businesss revenue in 2019, USA Today reported.
The company stated it hopes that filing for personal bankruptcy protection would assist it cut financial obligation, work out concessions with property owners and emerge as a more sustainable entity.
As of December, the Texas-based business with more than 15,000 workers had 555 company-owned areas and 186 franchisee places spanning 47 states and 16 foreign countries or U.S. areas, USA Today reported.
As of Wednesday, 266 company-run dining establishments had actually resumed following short-lived closures due to COVID-19. Over 282 company-run areas stayed closed.
Recently, the doors to Chuck E. Cheese on Amargosa Road in Victorville were open for carry-out orders only, while all the games, rides, destinations and mouse mascot inside the restaurant sat idle.
On Thursday, a dining establishment worker at the Victorville store, who wanted to stay confidential, told the Daily Press that the shop would be completely opened once it got approval from San Bernardino County health officials.
In a statement, CEC CEO David McKillips called the COVID-19 pandemic “the most challenging occasion in our companys history.” He likewise said the company hopes to “return to business of providing memories, home entertainment and pizzas for another 40 years and beyond.”
Tasha Adams, whose three kids have all popular birthdays at Chuck E. Cheese, informed the Daily Press on Friday that its highly not likely that her household will ever visit the dining establishment again.
” Even if they do open, I cant see how theyll disinfect everything with all those kids running around,” stated Adams, who lives in Hesperia. “I like Chuck E. Cheese and even Johns Incredible Pizza, however I cant take the threat of my kids being contaminated with the coronavirus. I just cant.”.
To see the full list of restaurant closures, visit www.usatoday.com.
Press Reporter Rene Ray De La Cruz might be reached at 760-951-6227, RDeLaCruz@VVDailyPress.com, Twitter @DP_ReneDeLaCruz.