BurgerFi's Bankruptcy Filing: A Plan to Keep All Locations Open
Overview of BurgerFi's Bankruptcy Filing
BurgerFi, the popular fast-casual restaurant chain based in Fort Lauderdale, has filed for Chapter 11 bankruptcy protection to shield itself from creditors while keeping its operations running. The decision was made with a focus on maintaining all locations open to serve its loyal customer base.
Details of the Filing
- Corporate-owned locations are affected by the filing.
- The company aims to restructure its debt burden.
- No closures of either franchised or corporate-owned stores are planned.
BurgerFi’s Commitment to Customers
Continuing operations during this process is crucial for BurgerFi, emphasizing its commitment to customers and employees alike. In this crucial moment, the focus remains on returning to profitability while serving patrons across all its restaurants.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.