Premier Kings is the third Burger King franchisee to declare bankruptcy this year. | Photo: Shutterstock.
Premier Kings, a 172-unit Burger King franchisee whose owner died in 2022, declared bankruptcy protection, saying that operating losses even after the company closed restaurants forced the issue.
It’s the third time this year that a major Burger King operator has taken such a step, while several others closed restaurants around the country in the aftermath of the chain’s sales and profit challenges.
In this case, Premier Kings’ Chapter 11 filing follows the untimely death of its owner, Patrick Sidhu, whose Popeyes stores were placed into bankruptcy earlier this year for the same reason.
The company put the restaurants up for…
