Frisch's Restaurants Eviction Hearings in Cincinnati Result in 6 Closures

Frisch's Restaurants faced eviction hearings in Cincinnati, leading to the closure of six locations. This outcome was likely a result of the company's failure to pay rent on time.

The evictions were carried out by the landlord, who had been trying to collect rent from Frisch's for months. Frisch's Restaurants had been operating in Cincinnati for decades, but their financial struggles ultimately led to these closures.

These closures were a significant blow to the community, where Frisch's had been a staple for many years. The company's inability to pay rent on time had been a problem for some time, and the evictions were a consequence of this.

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Six Frisch's restaurants in the Cincinnati area are expected to close after eviction notices were handed down.

The latest evicted restaurants include locations in Norwood, Blue Ash, Colerain Township, Cheviot, Symmes Township, and Delhi Township.

Frisch's allegedly owes its landlord, NN Reit, LP, more than $4 million in rent.

The evictions come on the heels of a magistrate giving the company one week to leave four locations in Anderson Township, Harrison, and Green Township.

Here are the six locations expected to close:

Frisch's has been facing financial difficulties, with the company's Atlanta-based ownership pledging to "no more" closures after five restaurants were abruptly shuttered this spring.

A Hamilton County magistrate approved the eviction of Frisch's Big Boys restaurants from six sites, giving them seven days to vacate the properties.

Frisch's didn't put up a fight; they didn't even send an attorney to Hamilton County Municipal Court. The latest evicted Frisch's restaurants are located at:

Frisch's owes its landlord, Orlando-based NNN Reit Inc., more than $4.5 million in rent, according to court records.

In 2020, Frisch's Restaurants, Inc. filed for bankruptcy and was subsequently acquired by a new ownership group. This change in ownership led to a series of asset sales, including the sale of the company's iconic Big Boy restaurants.

The new ownership group has been working to restructure the company's debt and stabilize its finances, but this has come at a cost. Frisch's Restaurants was forced to close several underperforming locations, including some of its Big Boy restaurants.

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The company's assets, including its real estate and equipment, were sold off to help pay off creditors. This included the sale of several properties in the Cincinnati area, where the company has a long history.

Frisch's Restaurants has a rich history in Cincinnati, dating back to 1939 when the first Big Boy restaurant was opened. Despite its struggles, the company remains a beloved institution in the city.

The company's bankruptcy and subsequent asset sales have had a significant impact on its employees and customers. Many employees lost their jobs as a result of the company's restructuring efforts, and some customers have been left wondering what will become of their favorite Big Boy restaurants.

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Frisch's Big Boy is facing a tough situation with multiple eviction hearings scheduled for December 13.

More than 20 properties in Southwest Ohio are at risk of eviction due to "unforeseen circumstances", according to Frisch's Restaurants.

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The company owes more than $4.5 million in rent to its landlord, Orlando-based NNN Reit Inc.

Frisch's Restaurants has a total of nearly 80 locations in Ohio, Kentucky, and Indiana.

The chain has already closed about 10 locations in Southwest Ohio in the past six weeks.

A quarter of Frisch's Restaurants' locations in the region are at risk of eviction.

Frisch's Restaurants' landlord, NNN Reit Inc., owns 66 of the chain's properties.

The company acquired these properties in 2015 when Frisch's sold them and leased them back.

Frisch's Restaurants' Atlanta-based ownership has repeatedly declined to comment on the ongoing dispute with NNN Reit Inc.

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