Pizza Hut Franchisee to Sell 77 Stores out of Bankruptcy for Nearly …

4 hours ago · Six buyers will pay $11.78 million to acquire 77 Pizza Hut restaurants out of bankruptcy from franchisee EYM Group, according to a court filing. One of the bidders is Pizza …

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Pizza Hut Franchisee To Sell 77 Stores Out Of Bankruptcy For Nearly …

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4 hours ago · Six buyers will pay $11.78 million to acquire 77 Pizza Hut restaurants out of bankruptcy from franchisee EYM Group, according to a court filing. One of the bidders is Pizza …

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Biggest Franchisee Of Wendy’s, Pizza Hut Strikes Deal To Sell Itself

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The biggest franchisee of Pizza Hut and Wendy’s restaurants, NPC International, has struck an $816 million deal to sell itself to Flynn Restaurant Group in a move that is expected to affect …

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FAQs about Pizza Hut Franchisee to Sell 77 Stores out of Bankruptcy for Nearly … Coupon?

Which Pizza Hut restaurants have filed for bankruptcy?

Nation’s Restaurant News also reports that since April, Red Lobster, Louisiana-based Arby’s franchisee Miracle Restaurant Group and San Antonio-based Subway franchisee River Sub have all filed for protection. What Does This Mean for the More Than 130 Pizza Hut Locations That Are Part Of the Chapter 11 Bankruptcy Filing? ...

Are 127 Pizza Hut stores up for sale?

One franchisee's 127 Pizza Hut stores are now up for sale. EYM Pizza L.P., a Pizza Hut franchisee that filed for bankruptcy in July, is selling all 127 of its stores in Illinois, Indiana, Georgia, South Carolina, and Wisconsin, as part of a financial restructuring process. ...

Is Pizza Hut going out of business?

Pizza Hut stores in five states will be sold as EYM Pizza works its way out of bankruptcy. (Pizza Hut) Pizza Hut stores in five states will be sold as EYM Pizza works its way out of bankruptcy. (Pizza Hut) Looking to buy into the No. 2 pizza chain’s franchise system? ...

Why did Pizza Hut go bankrupt?

The largest operator of Pizza Hut restaurants in the US has filed for bankruptcy after warning it failed to secure adequate financial relief from the brand’s owner Yum Brands, a sign of tension in the fast food sector as it grapples with the effects of the coronavirus pandemic. ...

Why is Pizza Hut suing eym pizza?

National restaurant chain Pizza Hut, LLC is sparring with area operator EYM Pizza over a slew of potential lease rejections proposed amid ongoing Chapter 11 bankruptcy proceedings. On Dec. 26, the attorney for EYM Pizza, L.P. filed a motion to reject its leases at 88 locations across Illinois, Indiana, Georgia, South Carolina and Wisconsin. ...

Why did Pizza Hut reject 88 leases in Chapter 11 bankruptcy?

Pizza Hut’s attorneys also argued Chapter 11 bankruptcies seek to maximize value for the creditors. However, they said the motion to reject 88 leases would have the opposite effect by creating confusion and concern during the bidding process. ...