US EditionMore than 100 Popeyes at risk after franchisee files for bankruptcy
Sailormen Inc. seeks to restructure $129 million debt amid inflation, pandemic impact, and labor shortages to stabilize operations across 136 Popeyes locations.
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The Independent
Thelocalreport.inMore than 100 Popeyes at risk after franchisee files for bankruptcy
The franchisee has more than 130 Popeyes locations in Georgia and Florida
Major Popeyes franchisee with over 130 locations files for bankruptcy
A Popeyes Louisiana Kitchen franchisee that operates more than 130 locations filed for bankruptcy to rightsize itself after facing mounting debt. Sailormen Inc., a Miami-based franchisee that operates locations in Florida and Georgia, filed for bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida, according to its legal counsel.The company, represented by Cole Schotz, is attempting to renegotiate or resolve the…
Popeyes franchisee Sailormen files for Chapter 11 in Florida
Sailormen, a Miami-based Popeyes Louisiana Kitchen franchisee, has filed for Chapter 11 relief in the US Bankruptcy Court for the Southern District of Florida.The post Popeyes franchisee Sailormen files for Chapter 11 in Florida appeared first on Verdict Food Service.
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