There are 17 fewer places to get breaded, spicy chicken sandwiches and tenders after the bankruptcy of a Kendall-based Popeyes Louisiana Kitchen franchise owner closed Florida and Georgia stores in January.
That’s about 13% of the 130 stores owned by Sailormen Inc., which filed for Chapter 11 bankruptcy in January.
Sailormen “believes that the closing of these underperforming locations will reduce” the company’s selling, general and administrative and restaurant level expenses annually by more than $1 million, one of the filings from Sailormen said.
The closed stores, in alphabetical order of city:
- 2729 S.E. Hwy. 70, Arcadia, Florida
- 3319 Altama Ave., Brunswick, Georgia
- 1124 N. Young Blvd., Chiefland, Florida
- 175 South Hwy. 17, East Palatka, Florida
- 1601 South U.S. 1, Fort Pierce, Florida
- 68 West Coffee St., Hazlehurst, Georgia
- 200 Green Wy., Keystone Heights, Florida
- 1833 Kings Rd., Jacksonville, Florida
- 649 S. McDuff Ave., Jacksonville, Florida
- 401 N. First St., Jesup, Georgia
- 2005 Ohio Ave. North, Live Oak, Florida
- 27730 U.S. 27, Leesburg, Florida
- 812 S. Sixth St., Macclenny, Florida
- 2015 North Wickham Rd., Melbourne, Florida
- 5156 S. Dale Mabry Hwy., Tampa, Florida
- 2106 Memorial Dr., Waycross, Georgia
- 1610 S. Georgia Pkwy. West, Waycross, Georgia
Popeyes, The Sailormen and bankruptcy
“Chapter 11 of the Bankruptcy Code generally provides for reorganization, usually involving a corporation or partnership,” the federal government’s “Bankruptcy Basics” website explains. “A Chapter 11 debtor usually proposes a plan of reorganization to keep its business alive and pay creditors over time.”…