July 7, 2020
BHS Foodservice, an Amherst, New York based wholesale foodservice distributor, has filed for Chapter 7 bankruptcy after ceasing operations in March, according to a Buffalo First Business report.
A company spokesperson said in March the business was affected by a dwindling customer base and limited geographic access. The business began in 1938 as Buffalo Hotel Supply Co. before changing its name in 2015. Lorraine Capital acquired an ownership stake in 2014.
The company has more than 200 creditors, about $7.9 million in assets and $25.5 million in liabilities, according to the bankruptcy filing in U.S. Bankruptcy Court for the Western District of New York.
The company employed 70 employees, according to its website