Applebee’s Franchisee Files Bankruptcy as Restaurant Closures Grow
Applebee’s Franchisee Files Bankruptcy as Restaurant Closures Rise A major Applebee’s franchisee has filed for Chapter 11 bankruptcy, raising concerns about restaurant closures and the future of several locations across the southern United States. The franchise operator, Neighborhood Restaurant Partners, manages dozens of Applebee’s restaurants in Florida, Georgia, and Alabama. Financial struggles and declining customer…