"NRPF Group Two has filed a request to reject the leases on five additional Applebee's properties, citing their unprofitability. The locations include four in Florida and one in Georgia."
"The planned closures are in addition to the ten Applebee's restaurants that NRPF previously closed, which included locations near popular tourist destinations like Walt Disney World and SeaWorld."
"As of December 2025, Applebee's had roughly 1,520 franchised locations, but the casual dining chain has struggled with declining sales, prompting these closures."
NRPF Group Two, a large Applebee's franchisee, is pursuing the closure of five more restaurants as part of its Chapter 11 bankruptcy process. The locations, four in Florida and one in Georgia, have been deemed unprofitable. This follows the closure of ten other restaurants, including those near major tourist attractions. Applebee's has faced declining sales, with approximately 1,520 franchised locations remaining as of December 2025. The timeline for the new closures and potential job losses remains uncertain.
Read at Fast Company
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