"Court records show that 11 related companies under The Blend Coffee name filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Middle District of Florida on Nov. 4. The filings fall under Subchapter V, a streamlined process for smaller businesses seeking timely reorganization. A judge granted a request to jointly administer cases - which are tied to The Blend's retail locations - on Wednesday, Nov. 5."
"The Blend Holdings LLC, listed as the holding company for the Florida coffee shops, is solely owned by The Blend co-founder Stacha Madsen, a Seattle transplant who opened the first location in St. Petersburg in 2020. The company had grown to at least eight locations in 2024, with plans to add numerous new shops, according to multiple local news reports."
"Fast-growing St. Petersburg, Florida-based coffee chain The Blend Coffee & Cocktails filed for bankruptcy protection this week, seeking to reorganize debts while stores remain open. The cafe concept pairs a coffee menu alongside cocktails in fast-casual environments. The company has locations in the St. Petersburg neighborhoods of Old Northeast, Disston Heights, Magnolia Heights and West St. Pete, as well as in Pinellas Park, Largo, Tampa, Lithia and Land O' Lakes."
Eleven related companies under The Blend Coffee name filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Middle District of Florida on Nov. 4 under Subchapter V for smaller-business reorganization. A judge granted joint administration of the cases on Nov. 5. The filings are unrelated to a Wisconsin business of a similar name. The Blend Holdings LLC is solely owned by co-founder Stacha Madsen, who opened the first location in St. Petersburg in 2020. The company grew to at least eight locations in 2024 and plans further expansion. The cafe pairs a coffee menu with cocktails in fast-casual environments and will keep stores open during reorganization.
Read at Daily Coffee News by Roast Magazine
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