You in all probability already know that many quick meals eating places are owned by franchises. However what occurs when these firms go bankrupt?
It’s taking place now to Consolidated Burger Holdings.
After two years of declining gross sales, the corporate has filed for chapter.
It’s primarily based within the Florida panhandle city of Destin and operates 57 Burger King eating places.
Consolidated Burger’s attain goes all the way down to Palm Seaside and all through South Georgia, together with places in Valdosta, Tifton, Moultrie, Bainbridge, Cairo, Thomasville, and Cordele.
It can proceed working these eating places whereas it appears to be like for a purchaser.
The corporate will doubtless need to get extra aggressive, although. It’s been looking for a purchaser for seven months now.
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