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242

I don't think I have ever seen one of these in person. No idea if they are/were any good.

Archive: https://archive.today/zgIPF

From the post:

>An upmarket US burger chain is the latest restaurant business to file for bankruptcy - as casualties in the industry mount up. BurgerFi - which also owns Anthony's Coal Fired Pizza - sought Chapter 11 protection at a Delaware court on Wednesday. It has as much as $500 million of debts. Across the two brands, the company has 162 locations - including a flagship BurgerFi in New York that only opened a few months ago. All are under threat. It is the latest restaurant chain to file for bankruptcy in 2024, and follows Red Lobster, Rubio's, Buca di Beppo, World of Beer, Roti, plus Melt Bar & Grill.

I don't think I have ever seen one of these in person. No idea if they are/were any good. Archive: https://archive.today/zgIPF From the post: >>An upmarket US burger chain is the latest restaurant business to file for bankruptcy - as casualties in the industry mount up. BurgerFi - which also owns Anthony's Coal Fired Pizza - sought Chapter 11 protection at a Delaware court on Wednesday. It has as much as $500 million of debts. Across the two brands, the company has 162 locations - including a flagship BurgerFi in New York that only opened a few months ago. All are under threat. It is the latest restaurant chain to file for bankruptcy in 2024, and follows Red Lobster, Rubio's, Buca di Beppo, World of Beer, Roti, plus Melt Bar & Grill.
[–] • 2 pts

A country can not support all these service oriented businesses without some kind of manufacturing. It's like the game industry. How can non productive businesses survive without having people who are productive supporting them?

[–] • 1 pt (edited )

We have one in my area. I went once. It was good I guess, but not in a way enough to differentiate itself from Fives Guys and Shake Shack which we already had multiple of in the area. I'm not sure what the business plan was to try yet another of the same in a saturated market. I suspect this chain was likely late to market compared to competitors, but had success wherever they started and immediately focused on growth over positive cashflow.