Sailormen Inc., a Miami-based Popeyes franchisee with more than 130 restaurants in its portfolio, has filed for Chapter 11 bankruptcy in the Southern District of Florida. In its filing, the company estimated it had about $130 million in debt. The company said it has “faced significant challenges” throughout the past year leading to its financial struggles, including rising operational costs due to inflation and increased borrowing expenses, higher wages, and consumer behavior changes since the p
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Sailormen Inc., a Miami-based Popeyes franchisee with more than 130 restaurants in its portfolio, has filed for Chapter 11 bankruptcy in the Southern District of Florida. In its filing, the
nrn(@nationsrestaurantnews). Dramatic Tension - Litne. Sailormen Inc., a Miami-based Popeyes franchisee with more than 130 restaurants in its portfolio, has filed for Chapter 11 bankruptcy in the Southern District of Florida. In its filing, the company estimated it had about $130 million in debt. The company said it has “faced significant ...
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