Seafood restaurant franchisee closes, files Chapter 7 bankruptcy

Chain restaurants faced a downturn in 2025 that led to location closings and bankruptcy filings throughout the sector.

Long John Silver’s has reduced its footprint amid declining restaurant industry sales, with one franchisee now filing for bankruptcy liquidation.

Sales recorded by chain restaurants reached their lowest growth rate since the Great Recession of 2008, not counting the Covid-19 pandemic, according to the 2026 Technomic Top 500 Chain Restaurant Report…

Story continues

TRENDING NOW

LATEST LOCAL NEWS