Premium Only Content
Let’s talk about it. Burger King and Popeyes file for bankruptcy. Yikes
Let’s talk about it. Burger King and Popeyes file for bankruptcy. Yikes
Burger King Franchisee Premier Kings Files for Bankruptcy
NOVEMBER 10, 2023
Dennis Limmer
Dennis Limmer
In an unexpected turn of events, Premier Kings Inc., a substantial franchisee of the multinational fast-food chain Burger King Corp., has officially filed for Chapter 11 bankruptcy protection. Hosting a total of 172 units across five states in the Southeast, Premier Kings found itself in this situation after a series of unfortunate incidents.
The Montgomery, Alabama-based franchisee, along with its affiliates, filed the bankruptcy petition on Oct. 26 in the U.S. Bankruptcy Court for the Northern District of Alabama. This move comes after a tragic loss for the company, as its sole manager and owner, Manraj “Patrick” Sidhu, unexpectedly passed away in May 2022.
David Baker, chief restructuring officer of Premier Kings, said the debtors are in an unenviable position, dealing with over 200 creditors. Additionally, they operate 172 Burger King franchise locations throughout Alabama, Florida, Georgia, South Carolina, and Tennessee.
POPEYES FRANCHISEE BANKRUPTCY POINTS AT POSSIBLE TREND IN RESTAURANT INDUSTRY
According to the experts, more franchisee bankruptcies can be expected in 2024, not just those belonging to Popeyes.
#supportmychannel #rumbleverse #contentcreator #followforfollowback #instagram #viralvideo #support #facebook
#share #supportmychannel #rumbleverse #contentcreator #followforfollowback #instagram #viralvideo #support #facebook #terrorsquad #soulmusic #canada #detroit #football #world #china #brazil #cincinnati #seattleseahawks #california #florida #actionstar #actionmovies #movie #blogger #news #trending #topics #discussion #burgerking #popeyes
-
1:14:05
Tucker Carlson
10 hours ago“I’ll Win With or Without You,” Teamsters Union President Reveals Kamala Harris’s Famous Last Words
173K333 -
1:58:31
The Dilley Show
10 hours ago $32.63 earnedTrump Conquering Western Hemisphere? w/Author Brenden Dilley 12/23/2024
137K39 -
1:09:59
Geeks + Gamers
11 hours agoSonic 3 DESTROYS Mufasa And Disney, Naughty Dog Actress SLAMS Gamers Over Intergalactic
93K21 -
51:59
The Dan Bongino Show
12 hours agoDemocrat Donor Admits The Scary Truth (Ep. 2393) - 12/23/2024
852K2.8K -
2:32:15
Matt Kohrs
23 hours agoRumble CEO Chris Pavlovski Talks $775M Tether Partnership || The MK Show
128K31 -
28:23
Dave Portnoy
23 hours agoDavey Day Trader Presented by Kraken - December 23, 2024
160K43 -
59:29
BonginoReport
14 hours agoTrump, Murder Plots, and the Christmas Miracle: Evita + Jack Posobiec (Ep.110) - 12/23/2024
165K135 -
2:59:14
Wendy Bell Radio
16 hours agoNothing To See Here
132K79 -
2:12:18
TheDozenPodcast
1 day agoIslam vs Christianity: Bob of Speakers' Corner
115K31 -
14:36
The StoneZONE with Roger Stone
2 days agoRoger Stone Delivers Riveting Speech at Turning Point’s AMFEST 2024 | FULL SPEECH
134K35