Franchisee Owner Of Maryville Applebee’s Files For Bankruptcy

The franchisee that operates the Applebee’s in Maryville and St Joseph has filed for Chapter 11 Bankruptcy protection.  Atlanta based RMH Franchise Holdings filed on Tuesday.  A company spokeswoman says they are not closing, just reorganizing.  The franchisee owes between $100 to $500 million and has similar assets to that figure. RMH owns 163 restaurants in 15 states.

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