Domino’s pizza chain rival files for Chapter 11 bankruptcy

Domino's continues to place the relieve over Pizza Hut in complete locations amongst pizza chains, with 21,536 global devices and 7,061 U.S. restaurants, in step with the company's 2025 2d-quarter results launched on July 21.

Pizza Hut broken-down to be the enviornment's greatest pizza chain except 2017, when Domino's surpassed the Hut in global gross sales with $12.25 billion when in contrast to $12.03 billion.

Pizza Hut reported a complete of 20,225 global locations and 6,474 U.S. locations in the first quarter of 2025. This could release 2d-quarter results on Aug. 9.

Associated: Current pizza dining chain franchisee data Chapter 11 monetary catastrophe

Domino's additionally beat analyst projections in the 2d quarter for same-retailer gross sales, rising 3.4% in the quarter ending June 15, exceeding analysts' life like estimated carry of 2.21%, Reuters reported.

Domino's and Pizza Hut locations:

• Domino's: Global, 21,536; U.S., 7,061.
• Pizza Hut: Global, 20,225; U.S., 6,474.

The dominance of Domino's and Pizza Hut has impacted a entire lot of smaller pizza dining chains, worship Backdraughts Pizza, that will maybe't compete with the two greatest chains' sheer series of locations and their extensive promoting budgets.

Fierce competition, alongside with rising labor and meals prices, has forced many smaller pizza restaurant chains to end locations and customarily file for Chapter 11 or Chapter 7 monetary catastrophe protection.

Serve Draughts Pizza data for Chapter 11 monetary catastrophe

Current brick-fired pizza and craft beer chain Serve Draughts LLC filed for Chapter 11 monetary catastrophe protection to reorganize its business on July 23.

The New Port Richey, Fla., pizza restaurant chain, whose locations are identified as Backdraughts Pizza, filed its Subchapter V petition in the U.S. Financial catastrophe Court for the Middle District of Florida, itemizing up to $50,000 in sources and $1 million to $10 million in liabilities.

The household-owned pizza chain, which opened about six years ago in a downtown Post Office constructing, currently operates locations in Tarpon Springs and New Port Richey, Fla., moreover the Crooked Orange Craft Cocktail Lounge in Tarpon Springs.

Pizza Chains that filed for Chapter 11 monetary catastrophe:

• Folks First Pizza: March 26, 2025
• Zeppe's Tavern: March 31, 2025;
• Bertucci's Restaurants: April 24, 2025;
• Crimson Door Pizza LLC: July 15;
• Serve Draughts: July 23.

Other small pizza chains additionally confronted monetary damage this year as rock and roll-themed pizza restaurant franchise Zeppe's Tavern in Newbury, Ohio, filed for Chapter 11 monetary catastrophe on March 31, 2025, looking out for to reorganize its business.

Zeppe's Tavern consists of 13 locations in Northeast Ohio and one in Naples, Fla., in step with the restaurant's internet situation.

• Significant iconic meals label data for Chapter 11 monetary catastrophe
• Current Dairy Queen rival franchisee data Chapter 11 monetary catastrophe
• Current imaginative and prescient care chain data for Chapter 11 monetary catastrophe

East Cruise pizza chain Bertucci's Restaurants filed for Chapter 11 protection three times in seven years, going thru financial disorders.

The pizza chain first filed in April 2018, after which filed a 2d time in December 2022, when it operated 31 restaurants. Bertucci's had 15 restaurants when it filed the third time in April 2025.

Associated: Current vodka and gin label proclaims Chapter 11 monetary catastrophe

Even about a of the best chains enjoy been now now not immune from filing for monetary catastrophe, as Folks First Pizza Inc., which operated Domino's Pizza locations, on March 26, 2025, filed for Chapter 11 monetary catastrophe protection to reorganize its business, going thru over $500,000 in disputed claims. The franchisee planned to proceed working.

Greenville, S.C.-based Dinky Caesars pizza franchisee Crimson Door Pizza LLC, which is owned by rapid-meals chain franchisee Crimson Door Producers LLC, filed for Chapter 11 monetary catastrophe protection on July 15 alongside with three affiliates, looking out for to restructure their companies.

FAQ on bankruptcies:

Why are pizza chains filing for monetary catastrophe?

Pizza chains are suffering monetary damage from fierce competition, rising labor and meals prices driven by inflation, elevated pastime rates on their debt tasks, and shoppers' altering attitudes on dining out.