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The owner of 57 Burger King restaurants filed for bankruptcy, blaming high labor costs and inflation for forcing its company to go under, according to court documents. Consolidated Burger ...
The bankruptcy filing was the largest among Burger King franchise operators in recent years, according to QSR.com, which covers the quick-service restaurant industry. In 2024, Burger King spent ...
The year prior, sales were $76.6m and loss was $6.3m. The Impossible Whopper sits on a table at a Burger King restaurant in 2019 in the Brooklyn borough of New York City (Getty Images ...
A large Burger King franchisee has just filed for Chapter 11 bankruptcy, and the fate of their 75 locations is up in the air. According to The Street, Consolidated Burger Holdings LLC and ...
In 2024, the brand spent $1 billion to acquire its largest franchisee, Carrols Restaurant Group, to accelerate hundreds of remodels and refranchise stores over the next five years. Burger King in ...
open image in gallery The Impossible Whopper sits on a table at a Burger King restaurant in 2019 in the Brooklyn borough of New York City (Getty Images) Consolidated Burger is planning to continue ...
A Burger King franchisee has filed for bankruptcy ... with approximately 85 percent to 90 percent of stores getting a new look. Its parent company is Restaurant Brands, which owns Tim Hortons, Popeyes ...
Consolidated Burger Holdings, a Burger King franchisee operating 57 restaurants across Florida and south Georgia, filed for Chapter 11 bankruptcy on Monday, April 14. Out of the 57 locations ...
Consolidated Burger Holdings LLC and affiliates, which franchise 75 Burger King units in Florida and ... editor for Informa Connect’s Nation’s Restaurant News (NRN.com) and Restaurant ...