Overview
- ARC Burger filed for Chapter 7 liquidation in Georgia this week, listing more than $29 million in debt.
- Hardee’s says it has already reopened 15 former ARC restaurants in Georgia, Missouri, and South Carolina as corporate-run stores, with plans to bring dozens more back online.
- ARC had bought 80 locations in 2023 from another distressed operator, then shut 77 restaurants last year, cutting about 1,600 jobs.
- Hardee’s sued ARC in federal court for more than $6.5 million in unpaid royalties, rent, and advertising fees, and the bankruptcy’s automatic stay now pauses that case.
- Hardee’s also says it is exploring ways to revive other closed sites outside the ARC portfolio through new franchisees or direct ownership.