Bakery San Diego
Bakers Square restaurants are primarily found in the Upper Midwest. Except for the Des Moines area, Bakers Square and Village Inn operate in separate markets without overlap. The original Mrs. C's restaurant, on Merle Hay Road in Des Moines, remained in business as a Bakers Square until it closed on April 2, 2008, as parent company VICORP filed Chapter 11 bankruptcy. In 2009, American Blue Ribbon Holdings, a company owned by Fidelity National Financial and Newport Global Advisors, acquired the assets of VICORP, including Village Inn and Bakers Square. In late 1993, Vicorp acquired the right to a small Florida chain called Angel’s dinner. They acquired this from Eric A. Holm. Unfortunately he had also sold the rights to Golden Corral and Vicorp was forced to pay Golden Corral 1 Million to secure the exclusive rights. The intent was to convert under performing Village Inn and Bakers square units to this new concept. After building 7 units Vicorp realized that the concept was not economically viable and wrote off 11MM on the venture. During this time frame Eric Holm filed for personal Bankruptcy.