Three months after Noble Rey Brewing Co. filed for Chapter 11 bankruptcy protection and said "we are in no way closing or going out of business," its owner Chris Rigoulot says the brewery is closing under its current ownership on April 1.
"The choice did not come easily — we spent several months trying to find a way to make something, anything work, but in the end we simply do not have the ability or the means to keep the business going," reads a company memo posted to social media.
The company reported it was just over $1 million in debt in its bankruptcy paperwork.
The brewery is located in the Dallas Design District and it also operates a bar at the Dallas Farmers Market. Both will close April 1, the company memo says.
It also states the brewery will be under new ownership by mid-April, but no other information was available about who that would be.
"We hope that they will continue on where we will leave off," the statement says.
"Please come out between now and March 31 ... and help us say goodbye — for now."
Noble Rey opened in D-FW during a brewery boom. Read this story for an interesting history of local breweries, written by our Tiney Ricciardi.
Rigoulot hasn't returned request for comments.