Another local cupcake company crumbled this week, filing for bankruptcy after closing its Somerville store in August.
Kickass Cupcakes filed for Chapter 7 bankruptcy, a proceeding used to liquidate a company's assets to pay off its debts. The company owes its creditors $263,000, according to court documents filed late Tuesday.
Kickass opened in Davis Square in 2007 and had moved to a new location on Highland Avenue in May before shutting down. It also had expanded to a food truck and was involved in several food truck "throwdowns."
Sara Ross, the company's owner who formerly wrote for the Herald's Fork Lift blog on food, fun and drink, could not be reached for comment.
The bankruptcy still leaves many cupcake options available in the crowded Boston-area market. Hub-based Sweet has six shops in Boston, Harvard Square and Chestnut Hill; Washington, D.C.'s Georgetown Cupcakes has a single Boston store on Newbury Street; and Treat Cupcake Bar has Natick and Chestnut Hill locations.
Cohasset's Wicked Cupcakes — which sells cupcakes in a jar and whose owners appeared on ABC's "Shark Tank" and paired with one of its investors, Kevin O'Leary — operates at Faneuil Hall Marketplace.
Crumbs Bake Shop also reopened in Boston last fall after the formerly public New York chain filed for bankruptcy in July and was taken over by Marcus Lemonis, an entrepreneur and host of CNBC's reality series "The Profit."
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