Business · Companies · 10 hrs ago

Four Ahoi Steffen Henssler restaurants enter insolvency proceedings

Four Ahoi Steffen Henssler restaurants enter insolvency proceedings

Four Ahoi Steffen Henssler restaurants have entered insolvency proceedings in Germany, involving locations in Kiel, Marina-Wendtorf, Bonn and Otterndorf.

The restaurants are run by Elbterrassen GmbH & Co.

KG, which applied for insolvency because it faced the risk of being unable to pay its debts.

About 80 employees are affected, but the businesses are still operating and no dismissals have been made so far.

Restaurants in Germany have been facing higher costs, including for staff and energy, while many customers are spending less on eating out.

The four locations are being assessed for whether they can continue, and the operator is discussing recovery options with the franchise company.

The administrator said there was a positive chance of restructuring, but no outcome has been announced.

Steffen Henssler and his brother built the chain in 2017 and sold their shares in the franchise company in late 2024; the restaurants still use Henssler's name.

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What people are saying

Nils KrauseLawyer advising the franchise operator
The Elbterrassen GmbH & Co. KG has filed an application because of impending inability to pay its debts.
via Bild
Restructuring options are currently being examined and discussions are being held with the franchisor. Each location is being assessed for its ability to continue.
via Bild
Marc-André BorchertProvisional insolvency administrator
The businesses will continue to operate without restrictions. And so far there have been no dismissals.
via Bild
I consider the possibility of a restructuring to be very positive.
via Bild