In a large saucepan, cook bacon until crisp. Drain, reserving 1 tablespoon drippings. Set bacon aside.
Sauté onion in the drippings until tender. Stir in flour, salt, and pepper; mix well.
Gradually add broth. Bring to boil; boil and stir for 2 minutes. Whisk together the cream and sour cream. Add it to broth mixture with potatoes, and hot pepper sauce. Heat through but do not boil.
Garnish with bacon, cheese and parsley.
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