Owner of Amarillo Applebee's locations files for bankruptcy - KFDA - NewsChannel 10 / Amarillo News, Weather, Sports

Owner of Amarillo Applebee's locations files for bankruptcy

Owner of Applebee's locations in Amarillo files for bankruptcy (Source: Google Street View) Owner of Applebee's locations in Amarillo files for bankruptcy (Source: Google Street View)
AMARILLO, TX (KFDA) -

The owner of the two Applebee's locations in Amarillo has filed for bankruptcy to try to reorganize its finances under court supervision.

Get the latest Amarillo news straight to your phone! Apple | Android

RMH Franchise Holdings says on its website the company owns 159 Applebee's, including the ones on South Soncy and West Amarillo Boulevard.

Court records filed Tuesday show the company saying it has from $100 million to $500 million in assets and owes a total in the same range.

RMH has not proposed a reorganization plan with possible story closings yet. 

Copyright 2018 KFDA. All rights reserved.

Powered by Frankly