A bang for the buck in Upper Austria

Restaurateur divests himself of his restaurants and cafés

It will be interesting to see what happens to the Lindbauer, for which Kaufmann had big plans.(Bild: © Harald Dostal / 2024)

Unsurprisingly, Linz-based multi-restaurateur Philipp Kaufmann finally pulled the ripcord on Tuesday morning - he announced in a press release that he was withdrawing from all of his gastronomic investments with immediate effect. 

"We are pleased to announce that KaBB GmbH has divested itself of all its gastronomy investments. We would therefore ask you to direct any inquiries regarding the various businesses to the new owners, who can be found in the company register.

Multi-restaurateur takes itself out of the game
Managing Director Philipp Kaufmann: "It is in the nature of our business model to acquire companies, support them and ultimately sell them on, which is what has now happened. I wish the new operators all the best and every success for the future."

With this press release, multi-restaurateur Philipp Kaufmann, who originally had the goal of operating ten restaurants in Linz and the surrounding area, has now taken himself out of the game after the countless inconsistencies of recent weeks and months.

What's next for Ober- and Lunzerwirt?
While Cubus has already found a new tenant, and Marktfleischer and Beenie in Urfahr recently closed their doors, it will be interesting to see how things will continue with new operators at Oberwirt and Lunzerwirt. Equally exciting: what will happen to the venerable Lindbauer?