OC Restaurant Files For Reorganization

A long-time restaurant has filed for Chapter 11 reorganization this week after a tumultuous start to the year.

Satellite Restaurants Inc. owns and operates the 120th Street Crabcake Factory USA, which turns 25 years old next year.

“Crabcake Factory is an Ocean City icon and we don’t plan on changing a thing in regards to ability to deliver the delicious food and drinks that Ocean City knows and loves. This is a COVID and business issue that requires a reorganization solution. Our quality and service will not be compromised. We are not going anywhere,” said Johnny Brooks, owner and CEO of Crabcake Factory USA since 1996. “Unfortunately recent events relating to COVID-19 and the restrictions placed on restaurants coupled with some long standing wage and tax liabilities have tied our hands going into an uncertain offseason. We want to be proactive protecting the legacy of Crabcake Factory for another 25 years in Ocean City.”

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