Subway Franchisee MTF Enterprises Files for Bankruptcy and Closes Multiple Locations
MTF Enterprises LLC, a major Subway franchisee operating in four states, filed for Chapter 11 bankruptcy on January 21, 2026. The company defaulted on merchant cash advance loans with APRs over 40%, leading to financial distress and the closure of six locations as part of its reorganization process.
Tickers: $DOCS
Topics: fast food franchisee bankruptcy merchant cash advance loans