Following the financial collapse of Sausalitos, local businesses in Munich manage to endure - in varied shapes and forms
In the bustling city of Munich, the popular restaurant chain Sausalitos has been facing financial troubles for several months. The insolvency of the chain was confirmed by Sebastian Brunner, spokesman for the insolvency administrator, Dr. jur. Michael Schuster [1]. Despite the challenges, all three locations in the Bavarian capital will continue to operate in some form or another.
The restaurant at Tal 16, 80331 Munich, known for its Mexican and South/Central American cuisine, full bar, and cocktail happy hour, will remain open [2]. This location, which offers reservations, table service, and vegan/vegetarian options, has been a favourite among locals and tourists alike, earning positive reviews for its good food and drinks.
The branch in the heart of Munich, located in Sonnenstraße, will continue to be named "Sausalitos". However, it will be operated by experienced Munich restaurateurs under the Sausalitos concept [3]. The new operators aim to enhance the Sausalitos experience to make it more appealing to guests.
Meanwhile, the former Sausalitos branch in the valley will be rebranded as "Ciao Bella" by the Gustoso group [4]. This change is part of the ongoing efforts to revitalize the restaurant scene in Munich.
The financial crisis at Sausalitos was largely due to the changed customer behaviour since the pandemic, guest decline in the entire German gastronomy, and increasing costs [5]. The insolvency resulted in annual losses in the millions for the chain.
While many other locations in German cities have had to close due to the financial pressures, the Munich branches of Sausalitos will not be among them [6]. This is good news for food lovers in Munich, who can continue to enjoy the unique flavours and ambience that Sausalitos has to offer.
Sources: 1. Merkur 2. Frankfurter Rundschau 3. Frankfurter Rundschau 4. Merkur 5. Frankfurter Rundschau 6. Frankfurter Rundschau
- For those seeking a change in dining ambience, the former Sausalitos branch in the valley, now rebranded as "Ciao Bella" by the Gustoso group, offers an updated food-and-drink experience.
- Beyond dining, the home-and-garden enthusiasts can appreciate the continued operation of the Tal 16 location, which boasts a stylish lifestyle aesthetic in its design.