Sticky Fingers BBQ chain files for Chapter 11 bankruptcy

Sticky Fingers Restaurants, a BBQ chain based in South Carolina, has filed for Chapter 11 bankruptcy protection. The chain, known for its sauces sold in over 2,000 retail locations, has struggled financially for years. Before the COVID-19 pandemic, Sticky Fingers operated 11 locations but closed nine due to economic challenges. The company attempted to recover by reopening two locations, but these efforts were insufficient. Court documents reveal the company has assets of up to $50,000 and liabilities between $1 million and $10 million. This bankruptcy follows a trend of financial difficulties in the restaurant industry, with several chains facing similar challenges.