Another fast food franchisee files for Chapter 11 bankruptcy. Will any of its restaurants close?

A major fast food franchisee has filed for Chapter 11 bankruptcy protection. The franchisee, Sailormen Inc., operates 130 Popeyes Louisiana Kitchen locations in Florida, and like the franchisees of other big-name fast food chains in recent years, has faced numerous economic headwinds. Here’s what you need to know.

What’s happened?

On January 15, Popeyes Louisiana Kitchen franchisee Sailormen Inc. filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the Southern District of Florida.