Almost 130 Pizza Hut restaurants to shut as franchise owner gives up
By Daniel Jones, Consumer Editor For Dailymail.Com
Published: 21:42 EDT, 25 September 2024 | Updated: 09:29 EDT, 26 September 2024
Some 127 Pizza Hut restaurants across five states in the South and Midwest are at risk of closing for good.
The franchisee who runs them has put them up for sale after filing for bankruptcy in July due to mounting debts..
It is all linked to a major financial bust-up between Pizza Hut's parent company and franchisee EYM Group.
Some 15 Pizza Hut locations that EYM ran in Indiana and Ohio were abruptly shuttered at the end of June as a result of the dispute. They remain closed.
EYM has now asked advisory firm National Franchise Sales to help find a buyer for a further 127 across Illinois, Georgia, South Carolina and Wisconsin are on the brink of shutting as part of the dispute.
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https://www.dailymail.co.uk/yourmoney/consumer/article-13891333/pizza-hut-restaurants-closing-eym-group.html
