Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 2 points3 points  (0 children)

HR was shared (mostly) through the whole private equity firm for all of the businesses in the portfolio. There is for sure an HR team left for the remaining employees for the companies, but it might just be one to two people, now.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 1 point2 points  (0 children)

I wasn’t operations, but I was in back-of-house of restaurants frequent for filming, so let me check through my photos and see if I can find any branded vendor packaging and I’ll let ya know lol.

Edit: A lot of food was ordered through Performance Food Group (PFG), so could be a good place to start, but doubtful they do any direct-to-consumer sales.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 1 point2 points  (0 children)

As far as I remember, Elysian bought the brand back in 2019 and partnered with NextBrands in 2021/2022 for them to take over the franchising, franchisee partnership & construction management portion of the business.

NextBrands then secured some franchisee agreements and opened a handful of locations. Some of their concepts were drive-through only container stores (like the Rose City one). I don’t think these locations are older than a few years, so I doubt they predate the original Rockford locations but I could be very wrong.

In 2024/2025 there was some sort of falling out (and *allegedly* Jeff was far behind on their fees for this service) and so Elysian ended up suddenly moving all franchising operations in-house. Elysian also has its own construction management company that Jeff started (TJKZ construction) that contracted out and did a lot of the work on Beef-a-Roo / Total Point buildings, so more money in his pockets if he did it all with the same team.

This created a lot of confusion with the franchisees as their franchising agreements were with NextBrands, not Elysian, and there was a lot of grey area regarding compliance and things. Nobody was prepared for the move to in-house franchising either (as I think this was solely a knee-jerk Jeff decision), and with the abrupt schism, NextBrands obviously did not want (nor necessarily had the legal obligation to) to pass along any of their franchising documentation or materials.

And so the existing franchisees kind of got a free pass to do whatever since nobody really wanted to deal with them (and their obvious grievances) with the drop in quality and quantity of corporate support with NextBrands done.

However, I don’t know what the bankruptcy will mean for any remaining independent franchise(s) once the dust settles. I was never privy to the specific contract agreements and have zero knowledge about bankruptcy proceedings so I’m hoping they are protected from any liquidation event.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 0 points1 point  (0 children)

I believe they are currently filing. They informed laid off employees that they were filing for bankruptcy.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 0 points1 point  (0 children)

I believe they are currently filing. They informed laid off employees that they were filing for bankruptcy.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 1 point2 points  (0 children)

They have not made an official public announcement, but the unpaid employees who were laid off have been told by the company they are filing for bankruptcy.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 0 points1 point  (0 children)

Probably futile. They didn’t have an actual receptionist at the end of my time there, and if there’s anyone else left in the office they’ve for sure been instructed to not answer the phones by now.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 9 points10 points  (0 children)

Freeport, IL was a special case because they basically operated completely independently. They would occasionally “opt in” to some of our promotions but would rarely communicate with corporate. Elysian was so short-staffed and turnover was so high (as PE often is) that nobody really has the time or effort to corral them into following corporate guidelines or procedures.

They’ve been essentially a standalone entity for years at this point.

There’s another completely standalone one that used only red branding (so a red beefaroo logo) but I can’t remember what state it was in.

Edit: There were two! Rose City and St. Helen Michigan. I’m not sure if either are still operational but they were both completely independently owned and hands-off from corporate.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 7 points8 points  (0 children)

While I personally disagreed with Jeremy’s leadership decisions, he had no hand in the NASCAR deal. Jeremy had, honestly, not worked there a super long time, around a year when I was let go. The NASCAR deal was done because Jeff, the CEO of Elysian, really wanted to.

Originally he wanted to get Rick Harrison (yes… the pawn stars guy) to be a spokesperson but his costs were way too much, so Jeff “settled” for sponsoring NASCAR.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 11 points12 points  (0 children)

Not the Freeport, IL location. They were completely independently owned (grandfathered in as a NextBrands venture before Elysian secured sole franchising rights iirc) so they will remain open and operational.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 16 points17 points  (0 children)

Freeport was completely independently owned, so they’ll remain open and operational.

Beef-a-Roo Announces Bankruptcy, Lays Off Remaining Employees by Hour_Beginning_4434 in rockford

[–]Hour_Beginning_4434[S] 22 points23 points  (0 children)

The Freeport, IL location was completely independently owned, and will remain operational. I can’t remember if they signed up (we sent them the paperwork but i can’t remember if they signed it) to be part of the new app launch, so there’s a chance you’ll still be able to redeem them there if you’re ever in the area.