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Ground Round Closes Locations

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Braintree, Massachusetts-All 75 -owned Ground Round Grill & Bar closed suddenly February 13, following a bank loan by American Hospitality Concepts Inc., owner of the casual-dining chain, sources indicated. All company-owned assets and properties are set to be seized, and all corporate employees have been terminated, one source close to the situation said.

Franchised units of , which had about 130 restaurants in the United States and , are still open. AHC officials could not be reached for comment by press time.

Ground Round was founded in 1969 by hospitality company Howard Johnson. In 1997, backed by Boston Ventures Management, AHC acquired Ground Round. -Nation's Restaurant News

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