Perkins restaurants files for Chapter 11 bankruptcy
MIAMI – A popular restaurant among tourists and travelers in Florida and nationwide has filed for Chapter 11 bankruptcy protection.
With 35 locations in Florida, Perkins has become a much-welcomed spot for those looking for a quick meal while on the road. The chain was established in 1987 after beginning as a pancake house in Cincinnati.
Perkins & Marie Callender's LLC plans to sell the Perkins restaurants, according to USA Today.
The company closed 10 Perkins location Sunday. There are still 342 restaurants in 32 states and Canada.
A decline in sales "across the family-dining and casual-dining industries" in 2017 and 2018 is one of the reasons the company made the move to file for bankruptcy.
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