# Wendy's Franchisee Closes 60 Restaurants

> A Wendy's franchisee may shut 60 locations by mid-November, deepening the chain's decline.
- Title: Wendy's Franchisee Closes 60 Restaurants | Shortify
- Summary: A Wendy's franchisee may shut 60 locations by mid-November, deepening the chain's decline. Meritage Hospitality Group, a Wendy's franchisee, could close up…
- Keywords: meritage hospitality group, wendy's, franchisee, restaurant closures, chapter 11, secured debt, unit volumes, food, business, Closes, Restaurants, Nation's Restaurant News
- Source: Nation's Restaurant News — https://nrn.com/restaurant-finance/a-big-wendy-s-franchisee-could-close-up-to-60-restaurants
- Read time: 1 min
- Topics: meritage hospitality group, wendy's, franchisee, restaurant closures, chapter 11, secured debt, unit volumes, food, business
## Wendy's Franchisee Closes 60 Restaurants
Meritage Hospitality Group, a Grand Rapids, Michigan-based Wendy's franchisee, could close up to 60 restaurants by mid-November.
## Current Closures
The company has closed 33 restaurants since late September, including 13 in the past week.
## Total Impact
This brings the total closures to 120 locations, from 374 initially operated by the franchisee.
## Financial Strain
The restaurants closed generate low average unit volumes, with some making less than $900,000 annually.
## Negative EBITDA
Each closed location generates negative EBITDA, with some losing nearly $200,000 over the past year.
## Wendy's Overall Decline
Wendy's has closed more than 300 locations since 2024, including 245 net closures in the first half of 2026.
## Bankruptcy Strategy
Meritage closed locations in groups to improve profitability, as lenders seek to preserve cash from money-losing stores.
## Wendy's Leadership
Wendy's hired Bob Wright as CEO and Tariq Hassan as chief marketing officer this year to address challenges.
## What Happens Next
Meritage may close up to 60 additional restaurants by mid-November, worsening the chain's financial situation.
## Key takeaway

Meritage Hospitality Group, a Wendy's franchisee, could close up to 60 restaurants by mid-November, adding to its 374 locations.