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Bemidji Pioneer: Dozens of Dairy Queens are closing in the southern U.S. as a major franchise owner files for bankruptcy

LUBBOCK, Texas -- Twenty-nine Dairy Queen locations across Texas will be liquidated as one of the state’s largest franchise holders files for bankruptcy.

Vasari LLC, which listed more than 70 Dairy Queen locations across Texas, Oklahoma and New Mexico, filed for bankruptcy on Monday, Oct. 30, listing debts somewhere between $10 million and $50 million, a report by KXAN-TV said.

http://www.bemidjipioneer.com/news/business/4352816-dozens-dairy-queens-are-closing-southern-us-major-franchise-owner-files

 

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