4

Ice Tango Files For Bankruptcy

^
Keep New Times Free
I Support
  • Local
  • Community
  • Journalism
  • logo

Support the independent voice of Phoenix and help keep the future of New Times free.

Isn't this supposed to be fro-yo season?

Ice Tango, LLC filed for Chapter 7 bankruptcy (which prevents creditors from collecting on any debts) on Tuesday, for the Frank Lloyd Wright Boulevard location that closed at the end of January.

According to David Cha, general manager of Ice Tango's other two locations -- one at Hilton Village, and a brand-new one that just opened in Old Town Scottsdale -- Ice Tango is not a franchise, so each location is a separate entity.

It turns out that each location is its own separate LLC, although Susie Cha, one of the owners of the now-defunct original location, is listed as sole owner of the other two LLCs.

In any case, David Cha said that although the original Ice Tango was losing thousands of dollars a month, the newer Hilton Village spot is doing well.

As for the new place in Old Town (4020 N. Scottsdale Rd., just south of Indian School), there will be a grand opening celebration this Friday and Saturday, with a half-price discount on everything.  

Keep Phoenix New Times Free... Since we started Phoenix New Times, it has been defined as the free, independent voice of Phoenix, and we would like to keep it that way. Offering our readers free access to incisive coverage of local news, food and culture. Producing stories on everything from political scandals to the hottest new bands, with gutsy reporting, stylish writing, and staffers who've won everything from the Society of Professional Journalists' Sigma Delta Chi feature-writing award to the Casey Medal for Meritorious Journalism. But with local journalism's existence under siege and advertising revenue setbacks having a larger impact, it is important now more than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" membership program, allowing us to keep covering Phoenix with no paywalls.

We use cookies to collect and analyze information on site performance and usage, and to enhance and customize content and advertisements. By clicking 'X' or continuing to use the site, you agree to allow cookies to be placed. To find out more, visit our cookies policy and our privacy policy.

 

Join the New Times community and help support independent local journalism in Phoenix.

 

Join the New Times community and help support independent local journalism in Phoenix.