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Bella Cucina a Going Concern or Bankruptcy Bust

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I reported yesterday that Virginia Highland's Bella Cucina had abruptly closed a few days ago.  At that point, it was unclear what exactly caused their closure.  New details came yesterday afternoon including evidence of a bankruptcy filing and claims of unpaid invoices.


This past January Bella Cucina owner Alisa Berry filed Chapter 11 bankruptcy in Georgia northern bankruptcy court.  Bella Cucina Artful Food fell into a category that placed the business within a scary set.    "Asset Range: $0-$50k Liability Range: $1M-$10M."  

You need not be an accounting wiz to know that those figures are not good for any business hoping to continue in a going concern.  

Strangely, Bella Cucina's facebook page and website, both shutdown and inoperable Sunday night, were magically up and running late Monday night.   No new updates were posted but a  message posted on the facebook page on July 10 gives some clues to their possible plans : 

"Thank you to our loyal and local supporters for 8 great years in Virginia Highlands. We've loved every minute of it!

Stay tuned for a fall opening of a new retail location.

Until then, you can always get your artichoke pesto fix from Whole Foods or visit us online. Buon appetito! 

www.bellacucina.com "

Will Bella Cucina actually reopen or is this Alisa Barry's version of "closed for renovations?"  What should open in place of Bella Cucina?  

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