A longtime Northern California brewpub chain has filed for Chapter 11 bankruptcy as it seeks to restructure its finances and stabilize operations. The casual dining brand, known for its pizza, beer and pub-style menu, has been a fixture in the Sacramento region for decades.
Bankruptcy filing announced
The operator of the Northern California casual dining chain Pete’s Restaurant & Brewhouse has filed for Chapter 11 bankruptcy protection as it seeks to restructure its finances.
JIB Foods Inc., the Sacramento-based company that operates the brewpub concept, submitted a voluntary Chapter 11 petition on February 4, 2026, in the U.S. Bankruptcy Court for the Eastern District of California. The filing places the company under court supervision while it works to reorganize its debts and continue operations.
Court documents show the company reported assets and liabilities each estimated between a range of $1 million-$10 million. The bankruptcy was filed under Subchapter V of Chapter 11, a streamlined process designed for small businesses attempting to restructure rather than liquidate.
Longtime Sacramento restaurant brand
Pete’s Restaurant & Brewhouse has been a fixture in the Sacramento dining scene for decades. The concept began in 1987 as a small pizza parlor in Midtown Sacramento, later expanding into a broader brewpub-style restaurant serving pizza, burgers, pasta, and house beers.
Over the years, the brand grew to several locations across Northern California, including restaurants in Sacramento, Rocklin, Yuba City, Redding, and other nearby communities.
The company’s flagship restaurant on Arden Way in Sacramento features a large dining area, full bar, and outdoor patio space designed for events and gatherings.
Restructuring while operating
The Chapter 11 filing allows the restaurant operator to continue running its locations while it works through the restructuring process. The company has not publicly stated a specific reason for the bankruptcy filing.
Recent closures have occurred within the chain, including a Roseville location that shut down in late 2025 and another restaurant in El Dorado Hills that reportedly closed earlier this year.
Like many casual dining brands, the company now faces the challenge of stabilizing operations in a restaurant industry still grappling with higher costs and shifting consumer spending – as well as a shift in alcohol consumption.
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