Business & Tech

Brookfield Fuddruckers Closes For Good

The Brookfield Fuddruckers has closed for good as owners seek to climb out from under various debts, while also pursuing a sale.

The Brookfield restaurant also updated its Facebook status to indicate that it was permanently closed.
The Brookfield restaurant also updated its Facebook status to indicate that it was permanently closed. (Karen Pilarksi/Patch)

BROOKFIELD, WI — Fuddruckers, a build-your own hamburger joint with a restaurant location in Brookfield has closed its doors for good.

A sign posted on the front of the restaurant, located at 16065 W. Bluemound Road stated the restaurant permanently closed as of July 15.

The Brookfield restaurant also updated its Facebook status to indicate that it was permanently closed.

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It was the last Fuddruckers location in Wisconsin.

Luby's announced in June that it's exploring a variety of potential transactions, including selling its divisions, among which is Fuddruckers.

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In a news release issued in June, Luby's officials said a number of stockholders expressed support for seeking alternatives to continuing operating the company's restaurants in their current form in the present environment.

Christopher J. Pappas, Chief Executive Officer and President of Luby's, said in the news release that, "we believe that proceeding with this sale process followed by distributions contemplated under a proceeds distribution plan will maximize value for our stockholders, while also preserving the flexibility to pursue a sale of the Company should a compelling offer that delivers superior value be made. This path also provides for the potential to place the restaurant operations with well-capitalized owners moving forward."

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