Close Menu
    Facebook X (Twitter) Instagram
    TRENDING :
    • Amazon Boosts Business Prime with Enhanced Spending Management Tools
    • 7 Essential Tips for Designing Logos on Business Cards
    • A Step-by-Step Guide to Understanding S Corps
    • The Next Generation Conference | Armstrong Economics
    • 5 Key Reputation Management News Updates You Need Today
    • Conducting Effective Generation Z Market Research
    • 5 Proven Strategies for Ecommerce Customer Acquisition
    • Payroll Tax Obligations for Small Businesses
    Compatriot Chronicle
    • Home
    • US Politics
    • World Politics
    • Economy
    • Business
    • Headline News
    Compatriot Chronicle
    Home»Business»Applebee’s store closures: See an updated list of locations that a bankrupt franchisee wants to shutter
    Business

    Applebee’s store closures: See an updated list of locations that a bankrupt franchisee wants to shutter

    May 6, 20263 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    A large Applebee’s franchisee that filed for Chapter 11 protection in March is seeking to close additional restaurants as it works its way through the bankruptcy process and sale of its assets, a new court filing reveals.

    NRPF Group Two, which operates roughly 50 Applebee’s Neighborhood Grill + Bar locations in Florida, Georgia, and Alabama, has asked a federal court for permission to reject the leases on five additional properties.

    Most of the Applebee’s restaurants associated with the properties appeared to be still open this week, though a few were marked as temporarily closed on Google as of Wednesday.

    Atlanta-based NRPF Group Two said in the court filing that the locations have “proved unprofitable,” and that it wants to close them. Four of the restaurants are in Florida and one is in Georgia.

    The planned closures are in addition to the 10 Applebee’s restaurants that NRPF previously closed, including locations near top tourist destinations such as Walt Disney World and SeaWorld, as Fast Company reported in March.

    As of December 2025, Applebee’s had roughly 1,520 franchised locations, but the casual dining chain has struggled with declining sales.

    The expected timeline for the newly revealed closures is not clear, nor is it clear how many jobs would be lost should the restaurants close permanently.

    Fast Company reached out to GGG Partners, the turnaround firm that is overseeing NRPF’s bankruptcy process, for comment.

    Which additional Applebee’s locations are expected to close?

    According to a May 5 court filing, NRPF (aka Neighborhood Restaurant Partners Florida) is seeking to close the following restaurants. Some of the leases on the properties date back more than 14 years, which is when NRPF first acquired the locations.

    • 2823 South Orange Avenue, Orlando, Florida
    • 808 West 7th Street, Tifton, Georgia
    • 2615 SW 19th Ave. Rd., Ocala, Florida
    • 10606 Sheldon Road, Tampa, Florida
    • 298 Southhall Lane, Maitland, Florida

    These planned closures are in addition to 10 restaurants in Florida and Georgia that NRPF reported closed in March.

    Why is NRPF bankrupt?

    At the time of its bankruptcy petition in March, NRPF said its restaurants had initially been profitable but that business started to fall off at the end of 2015.

    The COVID pandemic, inflation, and higher operating costs made things worse in the years to come.

    The franchisee then struck a tentative deal with Dine Brands Global, owner of Applebee’s, which would see Applebee’s take over the locations. (Dine Brands also owns IHOP and has been opening co-branded IHOP-Applebee’s restaurants this year.)

    But as NRPF’s financial woes escalated, it said it had to file for bankruptcy before the deal was complete.

    Applebee’s is acting as a “stalking horse” bidder for NRPF’s restaurants, a deal that was supposed to be finalized by the middle of this month.

    It was not immediately clear if the company would potentially save these five restaurants from closure if and when the deal is finalized.

    Notably, some of the locations are included in the agreement between Applebee’s and NRPF that was filed in court last month, but other locations are not. In all, that agreement included 50 restaurants.

    Fast Company reached out to Dine Brands for comment.

    This story is developing . . .



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Amazon Boosts Business Prime with Enhanced Spending Management Tools

    July 26, 2026

    7 Essential Tips for Designing Logos on Business Cards

    July 26, 2026

    A Step-by-Step Guide to Understanding S Corps

    July 26, 2026
    Top News

    The Global Energy Crisis & The Market Impact Into 2028

    By Staff WriterMarch 21, 2026

      The advantage of having offices around the world is that this also provides us…

    States with the most—and least—housing market inventory heading into the core spring selling season

    April 10, 2026

    Don’t let speed kill the neighborhood

    October 14, 2025

    The Small Shift That Separates Founders Who Stall From Founders Who Scale

    July 17, 2026
    Top Trending

    Amazon Boosts Business Prime with Enhanced Spending Management Tools

    By Staff WriterJuly 26, 2026

    Amazon Business recently unveiled significant enhancements to its Business Prime offerings in…

    7 Essential Tips for Designing Logos on Business Cards

    By Staff WriterJuly 26, 2026

    When you’re designing a logo for your business card, start by ensuring…

    A Step-by-Step Guide to Understanding S Corps

    By Staff WriterJuly 26, 2026

    If you’re considering forming an S corporation, it’s essential to understand its…

    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    About us

    The Populist Bulletin serves as a beacon for the populist movement, which champions the interests of ordinary citizens over the agendas of the powerful and entrenched elitists. Rooted in the belief that the voices of everyday workers, families, and communities are often drowned out by powerful people and institutions, it delivers straightforward, unfiltered, compelling, relatable stories that resonate with the values of the American public.

    The Populist Bulletin was founded with a fervent commitment to inform, inspire, empower and spark meaningful conversations about the economy, business, politics, inequality, government accountability and overreach, globalization, and the preservation of American cultural heritage.

    The site offers a dynamic mix of investigative journalism, opinion editorials, and viral content that amplify populist sentiments and deliver stories that echo the concerns of everyday Americans while boldly challenging mainstream narratives that serve the privileged few.

    Top Picks

    Amazon Boosts Business Prime with Enhanced Spending Management Tools

    July 26, 2026

    7 Essential Tips for Designing Logos on Business Cards

    July 26, 2026

    A Step-by-Step Guide to Understanding S Corps

    July 26, 2026
    Categories
    • Business
    • Economy
    • Headline News
    • Top News
    • US Politics
    • World Politics
    Copyright © 2025 Populist Bulletin. All Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.