Luby's news

Luby's Cafeteria reveals timeline for closing Dallas locations

Get your Luby's fix by the end of summer.

Luby's/Facebook

The days of LuAnn platters are drawing to a close: Luby's expects to cease most restaurant operations by the end of its fiscal year in August, according to a filing made with the Securities and Exchange Commission.

The beleaguered, Texas-based cafeteria chain adopted a plan of "liquidation and dissolution" in November that will see the company sell off its assets — including the restaurants Luby's and Fuddruckers, as well as its real estate holdings — and distribute the proceeds to shareholders. Luby's estimates each share will generate $3.82 in proceeds.

The company has been steadily closing locations statewide, including its restaurant in Duncanville off East Highway 67. Currently, Luby's operates 10 stores in Dallas-Fort Worth, according to its website.

They are:

Dallas: 6221 East Mockingbird Ln.
Dallas: 13455 Midway Rd.
Dallas: 5600 South Hampton Rd.
Plano: 5040 West Park Blvd.
Rockwall: 2235 S Goliad St.
Fort Worth: 1200 Bridgewood Dr.
Fort Worth: 3801 Northeast Loop 820
Fort Worth: 5901 S. Hulen St.
Forest Hill: 3312 Southeast Loop 820
DeSoto: 801 North Beckley Rd.

Perkins Management Services, a Washington, D.C.-based company, acquired 13 locations of Fuddruckers in December. It will operate them as a franchisee. Dallas-Fort Worth has seven Fuddruckers locations.

In addition to winding down its restaurant operations, the company announced that Christopher Pappas has resigned as the company's CEO. John Garilli, of Winthrop Capital Advisors, will serve as interim president and chief executive officer. Pappas and his brother Harris Pappas own approximately 36 percent of the company's stock.

Among the company's various liabilities, the Small Business Administration has placed the company's $10 million Paycheck Protection Program loan under review. Luby's states that it has complied with all necessary procedures to have the loan forgiveness, but it cannot complete that process until the SBA makes it ruling. The agency tells the Houston Chronicle that all loans over $2 million are under review.

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Seafood News

Dallas chef brings seafood to Trinity Groves via Pesca restaurant

Pesca

Pesca Trinity Groves

A veteran Dallas restaurateur has a new seafood restaurant at Trinity Groves: Called Pesca Coastal Cuisine and Cocktails, it’s in a space with seafood history, in the former Amberjax Fish Market space at 3011 Gulden Ln. #107. According to a release, it opened on December 13.

Pesca comes from Jesus Carmona, owner of the taqueria Milagro Tacos and Argentinian restaurant Chimichurri. Carmona is among the lucky restaurateurs in Dallas who've been featured on Guy Fieri’s Diners Drive-ins and Dives, and he was also on Good Morning America’s taco cook-off.

The menu includes fish grilled or a la plancha, plus spicy shrimp shooters, oysters Rockefeller, tuna crudo, crab croquettes, chowder, shrimp enchiladas, linguini frutti di mare, and lobster rolls.

They also offer desserts, such as Florida Key lime pie and coconut cream tarts, plus cocktails and a selection of beer and wine. Prices range from $6 for a cup of soup to $29 for salmon succotash.

The design features natural wood tones, ocean-inspired hues, and nautical accents, plus bold elements, pops of color, and playful twists.

“I designed this space and menu to invite people to experience my variations of delicious coastal dishes,” says Carmona in a statement. “Pesca will provide new food options for West Dallas, a community very close to my heart.”

Carmona, originally from Mexico City, began his career at the age of 12, working in the family business. Carmona earned his food and beverage degree from Miami Dade College and he attended the San Francisco Culinary Academy. He has more than 30 years of experience in the restaurant and hospitality industry.

“Jesus has provided Dallas communities with quality restaurants and food experiences, and we are thrilled to welcome him to Trinity Groves,” says West Dallas Investments partner Sam Romano in a statement. “Pesca allows him to show us his talents with coastal cuisine - something that is not currently being offered in West Dallas.”

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