Without fanfare, the Olga’s restaurant in downtown Detroit is no more.
We saw the giant Olga sandwich come down off of their corner sign, and a crew was moving the restaurant out. Olga’s employees were still in the space, helping wind the place down.
No comment beyond “sorry, we’re permanently closed” was given on site.
However, in a statement issued later, Michael Kosloski, Olga’s senior vice president and COO said, “Closing the One Campus Martius location is a necessary next step for our company and the continued health of all of our operations as we look toward the future.”
The downtown location opened in 2012.
Olga’s filed for Chapter 11 bankruptcy protection in the June, and said at the time that no additional restaurants would close beyond the eight they already had. That appears to have changed.
Founded in Birmingham in 1970 by Olga Lorizon, the business owes money to dozens of creditors, and this current bankruptcy is at least the third restructuring attempt for the Troy based company.
According to their website, they have 28 locations, but the downtown Detroit location, which was located at 1040 Woodward in the Quicken Loans headquarters, is still listed. At its peak, Olga’s had more than 50 locations.
More on this as it develops and we get more information.