More Large Restaurant Franchisee Bankruptcies Seen in 2010
The Dallas Morning News is reporting on an investment panel discussion Tuesday where significant, larger restaurant franchisee bankrupticies and store closings are expected in 2010.
John Hamburger (yes, correct) publisher of the Restaurant Financer Monitor noted, "In January and February, you'll see a rush of stores closing." He noted a lot of old-line systems are in survival mode.
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