There are a lot of reasons why restaurants close. Sometimes it’s a bad location, in other instances poor management is at fault. But a Fort Worth bar is citing the Affordable Care Act as the reason for their shutter.
A statement posted to Frankie’s Sports Bar’s Facebook page indicates that the bar has closed its doors at 425 West Third in Fort Worth, and the policy that required that businesses provide health insurance to their employees is apparently to blame.
Check out the full statement below:
Farewell Fort WorthPosted by Frankie's Sports Bar & Grill on Monday, December 5, 2016
As the Fort Worth Star Telegram notes, the closure may not have everything to do with the Affordable Care Act. In an interview with the paper, owner Bill Katz blamed ongoing construction on Sundance Square for the restaurant’s “growing pains.” Now, Katz says that the “oppressive penalties” for failing to comply with the Affordable Care Act has forced the shutter.
Katz didn’t say whether or not the shutter of the Fort Worth outpost would impact the Frankie’s that currently operates in Downtown Dallas.