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Domino’s Pizza Franchisee Files for Bankruptcy Amid Wave of Pizza Chain Closures
A Domino’s Pizza franchisee, North County Pizza Inc., which operates a single location in Oceanside, California, has filed for Chapter 11 bankruptcy. The filing cites liabilities between $1 million and $10 million, with over $3.3 million owed to its top 20 unsecured creditors, including Domino’s Pizza Headquarters. This bankruptcy comes amidst a trend of pizza and fast-food restaurant closures across the U.S., including Pizza Hut and Popeyes locations.