Jim's Restaurants owner: 'No plans' to close any more locations

Hasslocher Enterprises Inc. News

Jim's Restaurants owner: 'No plans' to close any more locations
Sterling OrganizationBroadwayFrontier Enterprises
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The San Antonio chain recently closed locations along Broadway near the San Antonio Zoo and at San Pedro and Hildebrand avenues for economic reasons.

Hasslocher Enterprises Inc. ’s recent decisions to shutter a pair of Jim’s Restaurants left customers worried about the future of the iconic San Antonio chain. But its owner says the shutdowns were tied in part to rising rent at the company’s only two leased locations and no more stores will be shut down. “We have no plans to close any others,” said Jimmy Hasslocher , who helms Hasslocher Enterprises, the chain’s parent company. “It’s not even on our radar.

Broadway’s new flavor: Food scene being remade on S.A.’s signature street Hasslocher said the company decided not to renew its leases because neither restaurant fully recovered after the pandemic. Unlike the two it closed, his company owns the properties housing the 11 other Jim’s restaurants in the San Antonio area. “It’s the economy, it’s the rent, and quite frankly, if you look at the restaurant industry across the country … you’re seeing shutdowns,” Hasslocher said.

Here’s what a Houston restaurant group plans for closed Jim’s location on Broadway In 2021, Hasslocher Enterprises closed a Jim’s restaurant at Blanco Road and Loop 410 when rent on the building owned by SVAP II Park North LLC “became prohibitive,” Hasslocher said. The company is affiliated with private equity firm Sterling Organization, which did not respond to an inquiry. Lockdown orders during the pandemic hit Jim’s and other sit-down, dine-in restaurants hard, Hasslocher said.

Heirs to Jim’s Restaurants founder battle over family business, fortune in San Antonio probate court Caryn and Susan accused Jimmy of improperly using company assets to enrich himself, misusing millions of dollars in pandemic relief aid from the federal government and failing to repay hundreds of thousands of dollars in loans from the company, among other allegations.

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Sterling Organization Broadway Frontier Enterprises Heirs To Jim's Restaurants S.A. SVAP II Park North LLC Janet Realty Co FLF Red Raider LLC Landry's Restaurants Germano ``Jim'' Hasslocher Jimmy Hasslocher Veva Hasslocher Jimmy Hildebrand Susan Hasslocher Caryn Hasslocher Broadway San Antonio Jim's Restaurants San Antonio Zoo San Pedro Houston Austin North Side Dallas 351 W. Hildebrand Avenue Brackenridge Park Adair Kitchen Blanco Road Coffee Shop Frontier La Fonda Alamo Heights Tower Of The Americas Tower Frontier Drive-In Adair Concepts Magic Time Machine Loop 410 Frontier Burger Veva

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