A spokesperson for the company handling the sale said they have received “a lot of interest” from potential buyers for the 49 locations
NEED TO KNOW
- Sun Gir Incorporated CEO Harshad Dharod is closing 10 and selling 49 of his Carl’s Jr. locations in California
- The franchisee filed for Chapter 11 bankruptcy in April
- Dharod blamed Carl’s Jr. and California’s $20 minimum wage
A major Carl’s Jr. franchisee is offloading dozens of restaurants.
Harshad Dharod, the CEO of Sun Gir Incorporated, is looking to close 10 locations of the fast food chain and sell 49 in California amid Chapter 11 bankruptcy proceedings, according to a spokesperson for National Franchise Sales, the firm handling the sales.
The spokesperson said Dharod will close “10 underperforming stores that wouldn’t likely sell,” while National Franchise Sales has been engaged by the bankruptcy court to handle the sale of the other 49 units. Per the company, there is “a lot of interest” from potential buyers for the 49 stores…