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FI Spotlight: Bringing A Restaurant Back To Life

Since 1966, Steak & Ale was a beloved restaurant chain, known for its tableside service and its affordability, enabling patrons to treat themselves to dining outside of the home, once known as an unattainable luxury. But fast forward to 2008, when the brand filed for Chapter 7 bankruptcy. It seemed to be destined for the restaurant graveyard – until now.

Join the Food Institute as we speak with Paul Mangiamele, veteran restaurateur and new owner of Steak & Ale, on why he chose to take a chance on a bankrupted business, and why he thinks it’s worth reviving.