A franchisee of Firehouse Subs, the fast-casual sandwich chain founded in Jacksonville, Florida, has fallen into Chapter 11 bankruptcy. Here’s everything to know
A franchisee of Firehouse Subs, the fast-casual sandwich chain founded in Jacksonville, Florida, has fallen into Chapter 11 bankruptcy. The operator in question is CN Holdings LLC, which owns 11 Firehouse Subs locations across Utah and Idaho.
In its Chapter 11 petition, the franchisee listed up to $100,000 in assets and $1 million to $10 million in debts. It comes after an Applebee’s franchisee also filed for Chapter 11 bankruptcy, and a Domino’s franchisee fell prey to a similar fate…