Major Carl’s Jr Operator Reportedly Set to Shutter, Sell Dozens of California Locations
8 Articles
8 Articles
Major Carl’s Jr operator reportedly set to shutter, sell dozens of California locations
A major Carl’s Jr. franchisee is planning to offload 59 locations across California after filing for bankruptcy protection earlier this year. Harshad Dharod intends to close 10 restaurants and sell 49 others operating under the Anaheim-born fast-food chain, according to the Los Angeles Times.Dharod’s Friendly Franchisees Corporation, which touts itself as the largest California-based Carl’s Jr. franchisee, has acquired at least 65 locations sinc…
Bankrupt burger chain franchisee liquidating 59 locations
Fast-food restaurant chain franchisees, whether they sell pizza or burgers, are facing significant downsizing in restructurings to eliminate underperforming locations. Franchisees of chains such as Carl's Jr., Wendy's, Pizza Hut, and Papa John's have all announced recent closings of troubled…
The Carl’s Jr. hamburger chain, one of the most emblematic brands on the West Coast of the United States, faces a new episode of operational pressure in California. Ten restaurants will definitely close and a dozen more could be sold after one of its leading franchisee declared bankruptcy under Chapter 11. Although the parent company insists that this is an isolated problem, the case reopens the debate on an issue that crosses the entire restaur…
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