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Asolica > Blog > Finance > 73-year-old household eating franchisee recordsdata Chapter 11 chapter
Finance

73-year-old household eating franchisee recordsdata Chapter 11 chapter

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Last updated: January 29, 2026 3:23 am
Admin
4 months ago
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73-year-old household eating franchisee recordsdata Chapter 11 chapter
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The restaurant sector has confronted declining gross sales and buyer visitors in current months, primarily based on information from the Nationwide Restaurant Affiliation, which has led operators to shut areas and, in some circumstances, file for chapter.

Contents
  • Eating places report decrease buyer visitors
  • Style of Belgium open areas:
  • Denny’s franchisee recordsdata for chapter safety
  • Denny’s restaurant closings:
  • Denny’s goes non-public
  • Denny’s sale closes

Information confirmed that 44% of restaurant operators reported decrease same-store gross sales in November 2025, in comparison with solely 35% of operators reporting decrease same-store gross sales in October 2025.

The survey additionally confirmed {that a} decrease share of operators had larger same-store gross sales in November, with 47% reporting, in comparison with 48% in October having larger gross sales.

Eating places report decrease buyer visitors

Additionally, 51% of restaurant operators reported decrease buyer visitors in November 2025, up from 48% in October 2025. Solely 30% of operators mentioned buyer visitors rose from November 2024 to November 2025, down from 33% reporting in October 2025.

The Nationwide Restaurant Affiliation had not launched December information ultimately test.

Monetary misery has severely affected a few breakfast restaurant chains, forcing them into chapter 11.

The chapter filings spotlight the misery that restaurant chains face as shoppers hesitate to spend on consuming out.

First, financial points led breakfast eating chain Style of Belgium to shut eight of its 11 eating places in Kentucky and Ohio within the final two years and file for Chapter 11 safety on Jan. 6, 2025.

The restaurant chain now operates three areas in Cincinnati: Style of Belgium – Rookwood at 3825 Edwards Street, Style of Belgium – The Banks at 16 West Freedom Means, and Style of Belgium – Findlay Market, 1801 Race Avenue, all in Cincinnati.

Style of Belgium open areas:

  • Style of Belgium – Rookwood at 3825 Edwards Street, Cincinnati
  • Style of Belgium – The Banks at 16 West Freedom Means, Cincinnati
  • Style of Belgium – Findlay Market, 1801 Race Avenue, Cincinnati

73-year-old household eating franchisee recordsdata Chapter 11 chapter
Denny’s franchisee in Miami Seashore, Fla., recordsdata for Chapter 11 chapter.

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Denny’s franchisee recordsdata for chapter safety

And now, Denny’s restaurant franchisee DBJ US Corp. has filed for Chapter 11 chapter safety to restructure its monetary obligations, in keeping with an RK Consultants chapter alert.

The Miami Seashore, Fla.-based operator of seven Denny’s restaurant areas in South Florida filed its petition on Jan. 27 within the U.S. Chapter Court docket for the Southern District of Florida however didn’t point out a particular cause for submitting its case.

DBJ US Corp. was integrated in August 2018 and has operated as a Denny’s franchisee for over seven years.

The debtor was recruiting service employees for its Miami Seashore franchise operation as lately as six days earlier than submitting for chapter, RK Consultants mentioned.

The debtor is led by firm President Javier Saavedra and employed 210 to 350 employees in 2025, in keeping with the chapter alert.

Denny’s restaurant closings:

  • 2024: 88 areas closed
  • 2025: 70-90 areas closed

Denny’s in 2024 mentioned it could shut over 150 eating places nationwide, and closed 88 areas that yr. The Spartanburg, S.C., eating chain mentioned it could shut one other 70 to 90 eating places in 2025.

DBJ US has not indicated whether or not it would shut any of its seven franchise areas.

Denny’s goes non-public

Denny’s introduced on Nov. 3, 2025, that it could go non-public after it bought its belongings to a bunch led by non-public fairness agency TriArtisan Capital Advisors LLC, different asset investor Treville Capital Group, and one in all Denny’s largest franchisees, Yadav Enterprises Inc., for about $620 million in an all-cash transaction.

“We are pleased to enter this transaction, which delivers significant, near-term and certain cash value to our stockholders,” Denny’s Company CEO Kelli Valade mentioned in a press release.

Denny’s sale closes

The acquisition worth represented a 52% premium to Denny’s closing inventory worth on Nov. 3, in keeping with a press release. The transaction closed on Jan. 16, and Denny’s frequent inventory is not listed on Nasdaq.

Denny’s operates 1,459 international eating places, consisting of 1,397 franchised and licensed eating places and 62 company-operated areas, in keeping with the corporate’s web site.

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