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BurgerFi Files for Bankruptcy

By Samuel Gonzalez,

1 days ago

BurgerFi files for bankruptcy protection after months of rising food prices and declining sales.

The Fort Lauderdale-based company known for high-quality burgers, hot dogs, craft beer and wine has been having financial problems for months.

According to reports, BurgerFi expects to lose over $18-million in the second quarter.

The company released a statement saying the bankruptcy filing only affects corporate-owned locations and not the 77 franchise-owned locations in the U.S., Puerto Rico and Saudi Arabia.

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