Meritage Hospitality Group Shuts 30 Wendy’s Locations Following Chapter 11 Filing

By Christopher Zara · Fast Company · 2026-09-26

Fast Company reports that Meritage Hospitality Group, a major franchisee, is closing roughly 10% of its restaurant portfolio to secure cash collateral from lenders. The company aims to terminate leases and franchise agreements for underperforming sites in Virginia, Florida, Texas

Fast Company reports that Meritage Hospitality Group, a major franchisee, is closing roughly 10% of its restaurant portfolio to secure cash collateral from lenders. The company aims to terminate leases and franchise agreements for underperforming sites in Virginia, Florida, Texas