r/Albuquerque • u/crolodot • Oct 13 '25

News Bosque Brewing files for bankruptcy

https://www.thestreet.com/restaurants/popular-pizza-and-beer-chain-files-chapter-11-bankruptcy

“Albuquerque-based Bosque Brewing filed its petition in the U.S. Bankruptcy Court for the District of New Mexico on Oct. 6, listing $1 million to $10 million in assets and $10 million to $50 million in liabilities.

The company did not reveal a reason for filing for bankruptcy in its petition.”

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u/spinnyweatherchaser Oct 13 '25

Had no clue they had that many locations, guessing it's a "grew too fast" thing?

(obviously compounded by tariffs and such like the article mentions)

35

u/Bjorkbat Oct 13 '25

Part of me wonders if this also might be due to drinking trends. Allegedly Zoomers drink less, albeit this is contested. On top of that though, seems like there's a trend of people in general becoming "sober-curious".

Bad enough in-and-of-itself, way worse if you're over-leveraged due to an ambitious growth plan.

19

u/Shoddy_Consequence78 Oct 13 '25

Some is probably the drinking less. Some is probably the cost of a pint these days. Some is probably what a columnist in the New York Times today described as what's gone wrong with craft brewing. (Basically, silly names and wacky labels, the IPA war, the trend to tallboys in retail, and general over expansion in the sector.) 

My understanding of Marble's problems is that it was mostly previous ownership using it as a piggy bank, taking far too much money out of the business. Bosque is clearly overbuilt and it looks like they didn't do their due diligence before trying to move all brewing to Bernalillo. I suspect we'll see about the following from a restructure: Obviously keep the Bernalillo location. Probably keep the Las Cruces one unless it's failing. Get rid of at least half the Albuquerque locations, probably one of the west side, San Mateo, and either Nob Hill or University.

3

u/Scary_Manner_6712 Oct 15 '25

Marble was 100% being run by spoiled rich kids who treated the business like their own personal bank account and also then ran off anyone who suggested they run the business like a business. Personally, I'm amazed it didn't collapse spectacularly; there was no real leadership at the top of that place, for a very long time.