Bratwurst Glöckl goes bankrupt

Well, too bad.

I was surprised to hear about this. Apparently Michael Beck, the previous owner who inherited the Gasthaus, had his hands full with 3 different restaurants - Augustiner am Dom, Thaifoon, and the Nürnberger Bratwurst Glöckl. He´d been running the Glöckl since 1996 and was forced to sell it to Augustiner in 2003 who then hired him as manager of both the Glöckl and the neighboring Augustiner am Dom. He additionally opened Thaifoon on his own in 2005. According to the articles below, he invested heavily in his new restaurant and was himself also known for an extravagant lifestyle. He has apparently left Europe.

The important part, there are new managers and the beer will continue to flow.

According to the SZ, the Nürnberger Bratwurst Glöckl is a "gold mine" with over one million € turnover before taxes. I don´t drink there that often, although I like the tradition and location of the place. I usually camp out at Andechser am Dom instead - one of my fav beers.

http://www.sueddeutsche.de/muenchen/artikel/731/70661/

http://www.sueddeutsche.de/muenchen/artikel/852/70782/

http://www.bratwurst-gloeckl.de/

Photo by Guido Wörlein

On Monday the TZ (or was it the AZ?) had a full page spread about how Beck's dog had been left to fend for itself. The family has skipped the country but poor doggie has been abandonded. Even more shocking that this had been a family pet for 14 years.

Monday was clearly a slow news day.

Oh, and this is Michael Beck...

poor dog.
Did anyone save him?

Sounds a bit dodgy. Entire family ducks the country and leaves their pet dog behind to starve to death. Must have left in a hurry and they must be running from something

No harm, it had the worst service I have ever encountered anywhere in the world and it has some competition in that regard in Muc.

When i saw Thaifoon the first time i knew something will happen soon...since in Munich the spending power has been weak. Imagine a Thai restaurant on such a posh area which quite comparable for their food standard to the rest of the good thai restaurants we have here.

Technically only a person can go bankrupt. Businesses become insolvent.

But it is to contiue trading so all's well.

Not sure about the English terminology, but at least in German, "Insolvenz" is the correct technical term for both companies and individuals.

http://de.wikipedia.org/wiki/Insolvenz

true. businesses and individuals can go bankrupt. insolvency is usually used to describe when an individual OR a business is overly leveraged such that they cannot pay their debts. chronic insolvency usually results in a DECLARATION of bankruptcy with the public authorities. In Germany, however, when certain levels of insolvency are reached a business can be declared to be bankrupt (i.e., involvuntarily).

Have to disagree with MysteryMan, one of my favourite places in Munich to have "sechs mit kraut" (yeah, does sound funny in english) and a nice beer. And service has always been efficient, and even occaisionally charming.

It is / was a tourist trap and had the service to match.

Been there several times, always had good service. I know some of the service staff weren't particularly happy with the new manager, so who knows where the problem lay?

As for going bankrupt/insolvent, the place was nearly always packed, I don't see what went wrong.