Burger King Will Close 26 Restaurants By last-july
Burger King's sales have rebounded after being overtaken by Wendy's as the second-largest burger company in America. Burger King's fourth-quarter 2023
same-store sales and customer satisfaction rose thanks to a $400 million investment program to improve its brand and eateries.
Unfortunately, the fast-food titan faced another roadblock. Last Monday, a Burger King franchisee announced it would close 26 Michigan shops
EYM King, the franchisee, also closed permanently due to a "unforeseen business circumstance and not being able to reach a resolution with Burger King Corporation."
What "unforeseen business circumstance"? Burger King sued the franchisee for not paying royalties, ad fund payments, and other fees,
EYM King informed the Michigan Department of Labor and Economic Opportunity on July 22 that it began closing stores
Unfortunately for Detroit Burger King aficionados, many restaurants are closing. The EYM King notification lists all closing locations.
EYM Group, which operates Denny's and KFC restaurants, owned EYM King. The EYM Group website no longer lists Burger King, and the EYM King website is now down.
In 2023, two more Burger King franchisees filed for bankruptcy to resolve their financial issues, joining EYM King.
This year, Corner Bakery, Popeyes, and McDonald's filed for bankruptcy.
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