Connect with us

Indiana

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

Published

on

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


play

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.

Advertisement

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.”

Advertisement

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

Advertisement

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.

Advertisement

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.





Source link

Indiana

Police searching for missing man with autism last seen riding bike in Highland, Indiana

Published

on

Police searching for missing man with autism last seen riding bike in Highland, Indiana


Saturday, May 30, 2026 12:14AM

ABC7 Chicago 24/7 Stream

HIGHLAND, Ind. (WLS) — Police are searching for a missing man with autism who was last seen riding a bicycle near his home in Northwest Indiana.

Brody Shelton, 21, was last seen around noon Thursday near Laporte Street and Johnston Street in Highland, Indiana, officials said.

Indiana State Police have issued a Silver Alert as the the search for Shelton continues.

He is 5 feet 2 inches tall, 155 pounds, brown hair with brown eyes, and was last seen wearing a beige and green sweatshirt, and riding a blue/green Huffy mountain bike, police said.

Anyone with information has been asked to contact the Highland Police Department at 219-838-3184 or 911.

Advertisement

Copyright © 2026 WLS-TV. All Rights Reserved.



Source link

Continue Reading

Indiana

INDOT to host public hearing on SR 32 corridor improvements in Hamilton County

Published

on

INDOT to host public hearing on SR 32 corridor improvements in Hamilton County


(The REPORTER) — The Indiana Department of Transportation (INDOT) will hold a public hearing on Wednesday, June 10, regarding a proposed corridor improvement project on State Road 32 in Hamilton County.

The hearing will provide an opportunity for the public to interact with the project team, review the features of the proposed roundabout project, and provide official public comment. Project documents are available for review at improvetomove32.com.

The project area is between East Street in Westfield and River Road in Noblesville. The proposed project includes adding lanes to accommodate two lanes in each direction, removing all traffic signals within the project limits, and constructing roundabouts at the following intersections with SR 32:

  • Carey Road/Grassy Branch Road
  • Gunther Boulevard
  • Shady Nook Road
  • Moontown Road/Gray Road
  • Pebble Brook Boulevard
  • Hazel Dell Road/Little Chicago Road
  • Mill Creek Road

The hearing will take place at Prairie Waters Event Center, 4180 Westfield Road, Westfield. Doors will open at 5 p.m. to allow the public to view displays and talk with the project team. A presentation will be given at 5:30 p.m., with a public comment session held directly after. INDOT is offering livestreams of all public meetings and hearings. You must register here in order to participate in the livestream. Livestream audience comments will only be accepted in written electronic form, not verbally. A recording of the livestream presentation will be posted on the project webpage and INDOT YouTube page after the hearing and will be available for at least 90 days.

All verbal statements recorded during the public hearing and all written comments submitted prior to, during and for a period of two weeks following the hearing date, will be evaluated, considered, and addressed in subsequent environmental documentation.

Advertisement

Written comments may be submitted within the comment period to Nick Batta, CMT, 8790 Purdue Road, Indianapolis, IN 46268; or sent via email to SR32HamiltonCounty@cmtengr.com.

INDOT respectfully requests comments be submitted by June 26.



Source link

Advertisement
Continue Reading

Indiana

Lincoln Hofmann Flips (2026) Flips Commitment from Pitt to Indiana

Published

on

Lincoln Hofmann Flips (2026) Flips Commitment from Pitt to Indiana


Anne Lepesant

Anne Lepesant is the mother of four daughters, all of whom swam in college. With an undergraduate degree from Princeton (where she was an all-Ivy tennis player) and an MBA from INSEAD, she worked for many years in the financial industry, both in France and the U.S. Anne is currently …

Read More »





Source link

Advertisement
Continue Reading
Advertisement

Trending