Pizza Hut Meltdown in New Orleans/Baton Rouge
A 44 unit Pizza Hut operator in New Orleans and Baton Rouge, Larry Lundy, closed all units this week, following collapse of a deal to sell those restaurants back to Pizza Hut. Pizza Hut sued Lundy Enterprises in federal court this week, citing non payment of royalties and other payments.
The story and picture of one the units in the article, www.nola.com/business/index.ssf/2011/01/more_than_40_pizza_hut_restaur.html is illustrative of the difficulties this franchisee faced over time.
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About John Gordon
Public Profile
John A. Gordon is Principal and founder of Pacific Management Consulting Group, which provides chain restaurant sales, profitability, earnings and economics research and special analytical projects to those in, or who need to know about the restaurant sector. Among others, we support franchisees and those supporting franchisees.
Gordon has a long background in chain restaurant operations and financial management roles, such as cost analyst, financial analyst, manager of planning and analysis and CFO, and has been consulting since 2000.
He is passionate in providing independent, creative, detailed and useful perspective, with no conflicts of interest. Email him or call (619) 379-5561.
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