The Elephant Bar in Rancho Bernardo was among 16 locations recently closed by the Costa Mesa-based restaurant chain, as part of a Chapter 11 bankruptcy filing by its parent firm, S.B. Restaurant Co.
The company has 29 locations still in operation in seven states, including one in San Marcos.
“The company reluctantly closed 16 locations this month, and believes these actions will allow it to get back to focusing on operations and enhancing the concept to establish a stronger foundation for the future,” President and CEO Robert Holden said in a statement.
The full-service restaurant chain was founded in 1980 and serves items including burgers, salads and Asian-style chicken and seafood items.
The 7,720-square-foot Rancho Bernardo building, at 17051 Rancho Bernardo Road off Interstate 15, is being marketed for lease by Nick Zech and Don Zech of CDC Commercial Inc., according to the commercial brokerage company.
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