Overview
- Sailormen Inc. sought bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida.
- The company manages roughly 136 Popeyes locations across Florida and Georgia.
- Court filings report nearly $130 million in liabilities and cite pandemic fallout, high inflation, rising interest rates, and a tight labor market.
- Represented by Cole Schotz, the franchisee aims to renegotiate obligations with lenders to stabilize the business.
- No store closures were detailed in filings, and the company reports employing about 3,272 hourly workers.