DOZENS of Burger King restaurants now face an uncertain future after a major franchisee filed for bankruptcy.
Execs at Consolidated Burger Holdings are working to clear debts worth more than $36 million but have been plagued with declining sales.
Chiefs submitted the bankruptcy filing on April 14, as reported by QSR.
The franchisee’s locations now face an uncertain future.
The company runs restaurants predominately in Georgia and Florida.
Twenty of the franchisee’s 57 locations are located within the Florida Panhandle.
Consolidated runs 19 locations in South Florida and 18 in Georgia.
Four of the franchisee’s 57 restaurants can be found in Walmart stores.
Consolidated Burger Holdings is just the latest franchisee to file for bankruptcy.
In 2023, execs at Toms King filed for bankruptcy, as did Premier Kings.
Premier Kings ran 172 stores at the time of the bankruptcy filing in October 2023.
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