One Table Restaurant Brands, the parent company of fast-casual restaurant chains Tender Greens and Tocaya, filed for bankruptcy

  • 7/19/2024

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The decision to file for bankruptcy follows a series of economic pressures caused by COVID, according to court documents. Both Tender Greens and Tocaya experienced severe revenue declines due to pandemic-related restrictions and changes in consumer behavior. CEO Harald Herrman, who began serving as CEO in February 2022, described the pandemic as “catastrophic.” Even though Tender Greens and Tocaya survived the peak of the pandemic, the “ferocious pressures and stresses” forced them to combine into a 50/50 business combination in August 2021. One Table was created to oversee both brands and provide a platform of shared people, resources, and supply chain synergies.

One Table Restaurant Brands
David Winter | VP, Real Estate and Development

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