Summary
Gina Maria's Pizza, a well-known Minnesota pizza chain, has filed for Chapter 7 bankruptcy and closed all its locations in the Twin Cities area. The company cited approximately $2.9 million in liabilities and about $64,000 in assets, resulting in the decision to liquidate its assets rather than attempt to reorganize.
Key Facts
- Gina Maria's Pizza was established in 1975 in Minnetonka, Minnesota.
- The company filed for Chapter 7 bankruptcy on March 26, 2025.
- All restaurant locations in the Twin Cities area closed in October 2025.
- The company left approximately $2.9 million in liabilities and only $64,000 in assets.
- Under Chapter 7, a trustee will sell the company's assets to repay creditors.
- A separate California restaurant, also named Gina Maria’s, is not affected by this bankruptcy.
- The U.S. pizza industry faces challenges, with 61% of regional and mid-sized chains reporting declining sales.
