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Provecho Closes Three Months After Filing for Bankruptcy

By Eric Richardson
Published: Friday, May 07, 2010, at 03:40PM
Provecho Eric Richardson [Flickr]

Chef Gabriel Morales' Provecho closed its doors this week, three months after its parent company filed for bankruptcy and a month and a half after a judge gave permission for 800 Wilshire to proceed with an eviction.

A sign posted on the door of the restaurant read, "Provecho is closed / Thank you for the support."

The Mexican restaurant first signed its lease at 800 Wilshire in July of 2007, but delays and permit issues kept the eatery from opening until December of 2008.

The corporation that controls Provecho and martini lounge Remedy filed for bankruptcy protection on February 8, claiming nearly $2 million in debts. Eviction proceedings were started by the building that same day. On March 17, Judge Alan Ahart denied the restaurant's attempt to keep its space while it reorganized.

Bankruptcy proceedings will continue to determine which of the company's creditors will get paid.

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Conversation

User_32

Ginny Brideau (@ginnycase) on May 08, 2010, at 11:18PM – #1

Doors closed 5/6. Furniture pulled out 5/8.

It's hard to see a small business close down, but I have to admit...unfortunately no love lost.


Guest 1

Guest on May 09, 2010, at 10:12AM – #2

tinting those windows was a big mistake. and no outdoor seating. it just didn't look inviting at all. even when walking by, it was easy to miss. that's what they get for trying to be exclusive.


User_32

LAofAnaheim on May 09, 2010, at 11:48AM – #3

I really enjoyed Provecho. The prices were reasonable and meal portions were filling. It wasn't like all the new "small plate" restaurants that started creeping up, where I felt I had to pay a minimum $30/person (including tip/tax) just for a reasonable meal. I'll miss this place.


Guest 2

Guest on May 13, 2010, at 12:39AM – #4

Provecho had some unique tequilas and very tasty ceviche. I will miss that place.


Guest 3

Guest on May 21, 2010, at 01:15PM – #5

I finally got around to checking out Provecho...2 weeks after they closed. Heck of a menu (still online today.) Sorry I missed out on your place, Mr. Morales. I hope you can try again.


Guest 4

Guest on May 26, 2010, at 12:36PM – #6

I liked the decor but when I ordered the Al Pastor, I was disappointed to find out that it was essentially a slab of heated pork fat. Apparently it was supposed to have the texture of a souffle' but it was just gross.


Guest 5

Guest on May 27, 2010, at 01:08AM – #7

Did Tiara suffer the same fate? Haven't heard



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