WebMay 5, 2023 · The popular fast food chain Burger King plans to close up to 400 restaurants before the end of 2023, TODAY.com confirmed. Several franchisees have filed for bankruptcy so far in 2023.
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Burger King and Bojangles Franchise Chains Closing After Filing …
WebNov 8, 2023 · A third major Burger King franchisee declares bankruptcy Premier Kings, a 172-unit Alabama and Georgia operator whose owner died in 2022, declared Chapter 11 bankruptcy protection, citing substantial operating …
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Burger King Is Closing 27 Locations Across the US. See the Full …
WebApr 14, 2023 · Retail. Burger King is closing 27 more locations across the US. See the full list. Danni Santana. Apr 14, 2023, 9:00 AM PDT. Burger King reported US same-store sales grew 5% at the end of...
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Here’s what we know about Burger King closures – Deseret News
WebApr 18, 2023 · Burger King franchisees have struggled in a U.S. fast food market that’s mostly been benefitting from inflation pressures. Some are declaring bankruptcy or closing. Learn more.
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Sham Burger King Franchisee Bankruptcy Stuns, but Avoids Harm
WebFeb. 15, 2024, 6:18 PM UTC. Sham Burger King Franchisee Bankruptcy Stuns, but Avoids Harm. By Evan Ochsner. Deep Dive. Evan Ochsner. Reporter. A “fraudulent” bankruptcy petition submitted on behalf of a major Burger King franchisee caught lawyers by surprise but showcased the ability of bankruptcy courts to quickly root out shady conduct.
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Burger King franchisee Toms King is being sold for $33M out of bankruptcy
WebApr 4, 2023 · Four buyers, including Burger King itself, will pay $33 million to acquire 82 of the 90 restaurants owned by Toms King Holdings, according to court documents filed this week in the franchisee’s Chapter 11 bankruptcy filing.
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Burger King buys 32 franchisee units at bankruptcy auction
WebSep 28, 2023 · Burger King bought 32 units in Montana, Utah and Wyoming from its bankrupt franchisee Meridian Restaurants Unlimited in an auction that disposed of 70 of Meridian’s 91 remaining units, according to federal court records detailing the proceedings of Meridian’s Sept. 19 auction.
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Fact check: Some Burger King locations are closing, but chain …
WebApr 20, 2023 · Two Ohio locations closed in April 2023 after the Chicago-based company that owned them, along with others in the area, filed for bankruptcy and there were no bids for the two locations, as...
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Major Burger King Franchisee Files for Bankruptcy - Eat This Not …
WebJan 6, 2023 · Burger King's Major Franchisee Is Filing For Bankruptcy & Shedding 90 Restaurants. The pandemic, inflation, higher supply costs, and a lack of labor all took a serious toll on recent profits. By John Anderer. Published on January 6, 2023 | …
