Hardee’s Franchisee Files for Bankruptcy Amid Aging Stores and High Costs
Superior Star LLC, a major Hardee's franchise operator, filed for Chapter 11 bankruptcy due to aging stores, unexpected expenses from its $13 million acquisition in 2023, tax levies, rental obligations, and declining sales. The company reported generating about $80 million in gross revenue in 2025 but was drained by unforeseen costs.
Topics: bankruptcy corporate finance franchising restaurant industry