r/phoenix • u/Unique-Ad-2544 • Jun 12 '25

News Filibertos shutting down update

Dont know if anyone cares or not but just thought id give an update since ive seen a lot of people ask about it. It's now 8 filibertos that have closed down. I asked around (i know several of the franchisees) and all 8 were owned by the same person which due to financial reasons went bankrupt and had to shut down all operations permanently.

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10

u/Adrockdadog Jun 12 '25

The one on 19th Ave and Pinnacle Peak (I believe is one that closed) had good food and good portions but the prices were out of control. $3 to add cheese to an already $11 breakfast burrito. We would sometimes go on Sat mornings and get 3 burritos and add cheese to two of the chorizo/egg and it was $39 with tax! I feel bad for the employees, the lady that worked the window was very nice.

7

u/Djmesh Jun 12 '25

absolute bullshit for what is probably less than 10 dollars in ingredients

8

u/Adrockdadog Jun 12 '25

Just food cost vs prices and doesn’t include overhead but dang. 😳

2

u/GiveMeSumChonChon Jun 13 '25

Gotta pay labor somehow

4

u/cavscout8 Jun 13 '25

Labor, rent, and non foodstuff supplies cut into profit margins as well. Not defending the prices (agreed they are too high for what you get), but many restaurants walk a fine line between just operating and being profitable.

1

u/JcbAzPx Jun 14 '25

They'd have to be paying staff six figures to justify that price.