Gigi’s Cupcakes, which began in Nashville back in 2008 but now is operated out of Texas, has filed for bankruptcy Chapter 11, reported the Nashville Business Journal.
Gigi Bulter opened the first Gigi’s Cupcakes store in Nashville with over 100 locations. The company sold in 2016 to Fundcorp.
There were three Gigi’s organizations that filed for Chapter 11 petitions -Gigi’s Cupcakes LLC, Gigi’s Operating LLC, and Gigi’s Operating II LLC.
As a cost-cutting measure, some locations have been closed. In 2018, a Spring Hill Gigi’s Cupcakes shuttered.The Franklin Gigi’s Cupcakes location at 3066 Mallory Lane remains open.
In addition to filing for Chapter 11 Bankruptcy, Gigi’s has been engaged in ongoing legal issues with 20 franchise owners and their agreements, according to NBJ.
Recently Tennessee Titan Brian Orakpo opened a Gigi’s Cupcakes in Austin, Texas. Watch the video below where he shares how to make the cupcakes and offers a look at his shop.