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Arby’s franchisee Miracle Restaurant Group files Chapter 11 bankruptcy. Are stores closing?

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Arby’s franchisee Miracle Restaurant Group files Chapter 11 bankruptcy. Are stores closing?


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Arby’s franchisee Miracle Restaurant Group has once again filed for Chapter 11 bankruptcy and could sell multiple stores in three states, according to court documents.

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Court documents show Chapter 11 bankruptcy was filed by Miracle Restaurant Group on June 20, 2024. The business was formed in 2005 and currently own and operates 25 Arby’s restaurants across Illinois, Indiana, Louisiana, Mississippi and Texas.

Several restaurants have been filing for Chapter 11 bankruptcy or closing stores in 2024, including Red Lobster, Hooters, Tijuana Flats and Alamo Drafthouse to name a few.

Hooters closing 2024: Locations are closing; 2 restaurants near Louisville among dozens closed

The court documents for Miracle Restaurant Group state:

“In September 2023, the Debtor sold three of its stores located in Indiana and used the proceeds to pay down its notes with First Franchise Capital Corporation (“FFCC”), the LH Mortgage, and the U.S. Small Business Administration (“SBA”). The Debtor’s remaining two stores in Indiana remain operating.”

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Additionally, stores in other states are also being impacted:

“The Debtor intends to continue to market and sell its seven Texas Stores, eight Illinois Stores and two remaining Indiana Stores through the Bankruptcy Process, and to focus on its Louisiana and Mississippi Stores. To accomplish this, the Debtor has retained Peak Franchise Capital, LLC as financial advisor to assist in marketing the Debtor’s stores.”

CEO Donald Moore declined to answer questions about the bankruptcy when contacted by phone. In the filing, Moore notes he has “experience in senior officer roles at public and private restaurants since 1990.”

Red Lobster closing 2024: Red Lobster lists 99 restaurants closed in 28 states: See locations closing in your state

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Here’s what to know:

Is Arby’s filing for Chapter 11 bankruptcy?

No. Franchise operator Miracle Restaurant Group is filing for bankruptcy and owns 25 Arby’s locations in Illinois, Indiana, Louisiana, Mississippi and Texas.

Who owns Arby’s?

Arby’s is owned by Inspire Brands. They own several restaurants including Baskin Robbins, Buffalo Wild Wings, Dunkin’, Jimmy John’s and SONIC.

Are Arby’s restaurant locations closing via Miracle Restaurant Group’s Chapter 11 bankruptcy?

No. Miracle Restaurant Group is attempting to sell the remaining locations in Illinois (8), Indiana (2) and Texas (7), according to court documents.

Has Miracle Restaurant Group filed for Chapter 11 bankruptcy previously?

Yes, this is Miracle Restaurant Group’s second Chapter 11 filing. The franchisee used to own 60 Arby’s franchise locations before filing for Chapter 11 bankruptcy in 2010, according to court documents. A number of stores were closed after the plan was confirmed and all creditors were paid in full under the plan.

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What Arby’s restaurant locations could be closing in Illinois, Indiana and Texas?

Miracle Restaurant Group has not confirmed a list of store closings or which restaurants are being sold. Below is a list of locations posted on the website at mrgarbys.com/locations.htm. Three Indiana locations were sold in September 2023, but which stores were sold is unclear.

Arby’s restaurants in Illinois related to Miracle Restaurant Group

  • 6000 Northwest Highway, Crystal Lake, IL 60014
  • 1169 Dundee Ave., Elgin, IL 60120 – CLOSED
  • 340 North York Road, Elmhurst, IL 60126
  • 1874 E. Belvidere Road, Grayslake, IL 60030
  • 2307 Jefferson, Joliet, IL 60435 – CLOSED
  • 9550 W. 179th St., Tinley Park, IL 60477
  • 1800 N. Richmond Road, McHenry, IL 60050 – CLOSED
  • 520 Townline Road, Mundelein, IL 60060 – CLOSED
  • 7001 W. Dempster Ave., Niles, IL 60714
  • 2539 Greenbay Road, North Chicago, IL 60064
  • 139 N. Northwest Highway, Palatine, IL 60067 – CLOSED
  • 1331 Golf Road, Rolling Meadows, IL 60008 – CLOSED
  • 776 Rollins Road, Round Lake Beach, IL 60073

Arby’s restaurants in Indiana related to Miracle Restaurant Group

Arby’s restaurants in Louisiana related to Miracle Restaurant Group

Arby’s restaurants in Mississippi related to Miracle Restaurant Group

Arby’s restaurants in Texas related to Miracle Restaurant Group

  • 7222 I-40 W., Amarillo, TX 79108
  • 4020 82nd St., Lubbock, TX 79423
  • 5052 Frankford Ave., Lubbock, TX 79424 – CLOSED
  • 5711 19th St., Lubbock, TX 79407
  • 7701 I-40 W., Suite No. 208, Amarillo, TX 79109 – CLOSED
  • 5214 S. Western St., Amarillo, TX 79109
  • 2422 19th St., Lubbock, TX 79401 – CLOSED

Chris Sims is a digital content producer for Midwest Connect Gannett. Follow him on Twitter: @ChrisFSims.





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Indiana

Report: Quarterback Tayven Jackson Enters Transfer Portal

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Report: Quarterback Tayven Jackson Enters Transfer Portal


BLOOMINGTON, Ind. – When Tayven Jackson announced his intention to transfer to Indiana from Tennessee before the 2023 season, it caused a ripple of excitement.

In the end, it didn’t work out for Jackson at Indiana. After two years with the Hoosiers, Jackson is expected to move on.

On3.com’s Pete Nakos posted on X on Saturday that Jackson entered the transfer portal.

Jackson played in 13 games for the Hoosiers during the 2023 and 2024 seasons. He threw for 1,300 yards, six touchdowns and six interceptions during his Indiana career.

Jackson compiled the majority of his production during the 2023 season when he started the first six games of the 2023 season. Brendan Sorsby started the games in the second half of the season for the Hoosiers.

Sorsby transferred to Cincinnati after the 2023 season, but Jackson stuck with the Indiana program when 2023 coach Tom Allen was replaced by Curt Cignetti.

Cignetti recruited Kurtis Rourke out of Ohio University from the transfer portal and Jackson never seemed to be seriously considered as the starting quarterback. Jackson did settle in as the No. 2 quarterback ahead of Tyler Cherry and Alberto Mendoza.

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Jackson played in four games in a reserve role before he got the chance to start against Washington on Oct. 26 after Rourke injured his thumb. Jackson led Indiana to a 31-17 victory over the Huskies as he completed 11 of 19 passes for 124 yards, one touchdown and one interception.

Those proved to be the last passes Jackson threw in an Indiana uniform – though he did appear in two more games and had three rushing attempts in the regular season finale against Purdue.

Rourke is also out of eligibility so Indiana is in the market for a quarterback.





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Social media reacts to Indiana, SMU’s decisive losses in College Football Playoff

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Social media reacts to Indiana, SMU’s decisive losses in College Football Playoff


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From the moment the inaugural 12-team College Football Playoff bracket was revealed, a debate raged over who was and wasn’t included in the field.

Should SMU, despite a loss to Clemson in the ACC championship game, have earned the final at-large berth over Alabama? Was Indiana, even with a gaudy 11-1 record, worthy of a spot despite what ended up being a softer-than-expected schedule in the Big Ten?

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The start of playoff games this week didn’t end those arguments. If anything, it only intensified them.

The Hoosiers and Mustangs both suffered double-digit, largely lopsided road losses in the first round of the playoff. On Friday night, No. 10 seed Indiana fell to No. 7 seed Notre Dame 27-17 in a game it trailed by 24 with two minutes remaining while No. 11 seed SMU was drubbed by No. 6 Penn State 38-10 Saturday afternoon.

People from across the country who follow the sport — broadcasters, writers, analysts and even coaches — reacted to the results, with some using them as a justification for their belief that the playoff selection committee made mistakes on who it allowed in the field. Many of the loudest complaints came from the SEC, which had the second-most teams in the field, with three, but had three three-loss teams — Alabama, Ole Miss and South Carolina — among the first teams left out of the playoff.

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Here’s a sampling of the reaction to Indiana and SMU’s CFP losses:

Social media reacts to Indiana, SMU College Football Playoff losses

Indiana and SMU losing their College Football Playoff games by a combined 38 points in dominant fashion raised a variety of opinions, with some believing it to be an indictment of the playoff committee for selecting the Hoosiers and Mustangs for the final two at-large spots.

Others, though, countered with an argument that Indiana and SMU had pieced together playoff-worthy resumes and deserved to make the field, regardless of how they fared in their games this week.

Lane Kiffin trolls CFP committee

The loudest, or at least most prominent, voice piling on Indiana and SMU’s struggles was Ole Miss coach Lane Kiffin, whose squad was the third team left out of the playoff.

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Many, however, rightfully pointed out that Kiffin’s 9-3 Rebels team could have made the playoff had it simply won at home against a 4-8 Kentucky team that managed only one victory in SEC play this season.



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Indiana's Curt Cignetti Learned Valuable Lesson in Keeping Your Mouth Shut | Deadspin.com

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Indiana's Curt Cignetti Learned Valuable Lesson in Keeping Your Mouth Shut | Deadspin.com


“Don’t write a check with your mouth that your ass can’t cash.”

My mom once told me that growing up. Can’t quite remember why. Somebody should probably tell that to Indiana head coach Curt Cignetti, who did a lot of talking all season long just to get demoralized in the first round of the College Football Playoff.

Way back when Cignetti got hired in November 2023 after a successful run with James Madison University, he was asked about how he plans on getting recruits to come to an Indiana program that appeared to be rebuilding.

“Google me,” Cignetti said. “I win.”

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Cignetti backed that statement up. He landed starting quarterback Kurtis Rourke in December and running backs Justice Ellison and Ty Son Lawton. 

The season could not have started any better for Cignetti’s Hoosiers, as their unbeaten 10-0 record had the attention of the nation before getting curb stomped 38-15 by Ohio State.

Before his first real test against the Buckeyes, Cignetti said, “Ohio State sucks,” at halftime of an Indiana basketball game. Bulletin board material? Sure seemed that was as Ohio State quarterback Will Howard went viral for “putting out the cig” celebration after thrashing the Hoosiers in Columbus.

That should have been Cignetti’s first lesson: to keep his yap shut. He did not learn.

Indiana bounced back from that loss with a 66-0 rout of the Purdue Boilermakers. Despite Purdue’s hapless 1-11 record, that victory put the wind right back in Cignetti’s sails before their College Football Playoff matchup with Notre Dame. 

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“We don’t just beat top 25 teams, we beat the shit out of them.”

That’s what Cignetti actually said on the set of ESPN’s College Game Day just hours before the Hoosiers kicked off with the Fighting Irish. It’s important to note that despite Cignetti’s impressive 11-1 record in his first year coaching Indiana, literally none of those victories came against Top 25 teams.

To make things even more hilarious, No. 5 Notre Dame completely embarrassed Indiana in a game where the Hoosiers looked like they did not belong on that same stage.

It’s a friendly reminder for the new coach of Indiana to just keep his mouth shut. Every time he opened it this year, he paid the price. It’s part of what made Indiana a story for a little while, but when the lights were the brightest, Cignetti’s team wasn’t as bold as his comments to the media.

That’s never a good thing.

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