VALDOSTA, Ga. – A large Burger King franchisee operating dozens of locations across South Georgia and Florida has filed for Chapter 11 bankruptcy protection. The company, Consolidated Burger Holdings, cited financial difficulties that worsened during the COVID-19 pandemic as the primary cause, according to USA Today.
Details of the Bankruptcy: Consolidated Burger Holdings, headquartered in Destin, Florida, filed for bankruptcy on April 14, 2025, in the U.S. Bankruptcy Court for the Northern District of Florida. The company manages 57 Burger King outlets, including several in Valdosta, Tifton, and Cordele.
Court documents revealed that the franchisee suffered a notable drop in customer traffic and sales both during and after the pandemic. At the same time, fixed expenses such as rent and debt payments remained high. Sales fell from $76.6 million in 2023 to $67 million in 2024, with operating losses escalating from $6.3 million to $12.5 million in the same period.
The company’s assets and liabilities are both estimated at approximately $78 million.
Plans Moving Forward: Despite the bankruptcy filing, Consolidated Burger Holdings intends to keep its businesses running and is actively seeking a buyer for the company and its assets. According to court documents, the company had been looking for a potential buyer for seven months before filing for bankruptcy.
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