After less than a year in business, Lynyrd Skynyrd's first restaurant is no longer free as a bird now. The barbecue joint has filed for Chapter 11 bankruptcy. Lynyrd Skynyrd BBQ & Beer at the Excalibur — a tribute to the 150-year-old "Hell House," where the band composed and practiced many of its famous songs — claims fewer than $50,000 in assets with between $1 million and $10 million in debts, according to the Wall Street Journal.
The classic rock band's restaurant opened last December.
The restaurant, a collaboration between the band and Drive This! Entertainment, serves up barbecued beef, pork and chicken. Kreuz Market, a 111-year-old Lockhart, Texas, barbecue joint, helped create the menu.
In other bankruptcy news, American Burger Works filed for Chapter 11 on Wednesday. That restaurant, also owned by Drive This!, sits next to Lynyrd Skynyrd's barbecue joint.
UPDATE: Daily Fiasco is reporting that both restaurants are currently closed but plan to reopen.
· (Pronounced Chap-ter Eye-le-ven) [WSJ]
· All Coverage of Lynyrd Skynyrd BBQ & Beef [~ELV~]
· All Coverage of American Burger Works [~ELV~]