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Keyword: eymgroup

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  • Bankrupt Pizza Hut franchisee plans to sell all 127 stores

    09/26/2024 7:17:24 PM PDT · by Red Badger · 40 replies
    National Restaurant News ^ | September 25, 2024 | Alicia Kelso
    EYM Pizza L.P., a Pizza Hut franchisee that filed for bankruptcy in July, is selling all 127 of its stores in Illinois, Indiana, Georgia, South Carolina, and Wisconsin, as part of a financial restructuring process. EYM engaged M&A advisory and brokerage firm National Franchise Sales to facilitate the sale, including assistance in the asset recovery process to maximize recovery for creditors. EYM’s bankruptcy filing listed two creditors: Manufacturers Bank, which it owes more than $21 million, and Pizza Hut itself, which is owed just under $2.25 million. “National Franchise Sales is dedicated to navigating this challenging period with EYM Pizza...