National burger chain closes all upstate New York restaurants after filing for bankruptcy

After declaring Chapter 11 bankruptcy, a nationwide burger business is closing its locations in Upstate New York.

According to News 10, BurgerFi will permanently close its facilities in Saratoga Springs and Latham on December 1. When BurgerFi International Inc. declared bankruptcy in September, franchise owners Bill, Michael, and Vincent Lia informed The Times Union that they decided not to extend their contracts because of corporate financial problems.

In a statement, Bill Lia expressed gratitude to the devoted team members and devoted consumers who have helped us over the years. Their support and diligence have been crucial to our success. As we bid BurgerFi farewell, we’re excited to consider other options for these two fantastic sites.

The Florida-based fast-casual restaurant brand BurgerFi, which stands for Burgerfication, is well-known for its expertly prepared hamburgers produced from grass-fed Angus cattle. Additionally, Kobe hot dogs, fresh-cut fries, frozen custards, artisan beer, wine, and antibiotic-free poultry are available on the menu.

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BurgerFi, the company that also owns Anthony’s Coal Fired Pizza locations, told CNN that it was running low on cash after losing over $18 million in the quarter that ended on July 1. According to the parent firm, it suffered from previous shop closures, rising food prices, and higher operating costs as a result of higher wages.

In Upstate New York, there were just two BurgerFi establishments in the Capital Region. Two restaurants in New York City and one on Long Island are among the company’s around 100 outlets.

According to the Times Union, the family that owns the Lia car dealership partnered with restaurateur Angelo Mazzone to launch the first BurgerFi restaurant in the neighborhood nine years ago. According to the Lia family, it still controls the two locations and will decide how to proceed with the real estate holdings.

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