Bidenomics: National Burger Chain Considers Chapter 11 Bankruptcy

Bidenomics: National Burger Chain Considers Chapter 11 Bankruptcy

The atmosphere for restaurant chains across the country has been tough with the twin pressures of Bidenomics and COVID serving as a one-two punch to destroy so many companies. And this week, yet another chain is considering a filing for Chapter 11 bankruptcy.

BurgerFi International has announced that it will likely file for bankruptcy protection.

The company operates Anthony’s Coal Fired Pizza & Wings, which operates across eight states in the northeast, and the burger chain, BurgerFi, also across the Eastern Seaboard.

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Anthony’s Coal Fired Pizza & Wings has 59 locations, and BurgerFi has 122 locations.

The company’s two chains are called “fast-casual” establishments, meaning that they are a bit fancier than your typical Burger King, McDonald’s or Taco Bells. Less than a decade ago,

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