Firehouse Subs heating up restaurant landscape in Lower Providence
One restaurant shuts down their ovens, another prepares to turn up the heat.
Bertucci’s in Lower Providence, near the intersection of Trooper Road and Shannondell Blvd., recently closed. The building stripped of the familiar logo, now awaiting its fate.
While just a couple dozen parking spaces away, Firehouse Subs is nearing its grand opening.
Bertucci’s filed for bankruptcy last month with a reported $119 million of debt, according to phillyvoice.com.
Right Lane Capital agreed to acquire Bertucci’s, though other potential buyers can now make bids. While reports say the majority of locations will stay open, the Chapter 11 filing – which was completed in Delaware – has already led to the closing of several stores.
The company announced on Twitter the closure of 15 locations as part of the restructuring. Bertucci’s website has since been updated to reflect the closures, listing the 59 locations that remain open.
Founded in 1994 in Jacksonville, Florida by former firefighter brothers Robin and Chris Sorensen. Firehouse Subs has opened over 1,105 franchise restaurants in 44 states as well as, Puerto Rico, Canada, and Mexico, according to their wikipedia.org page.
In 2005, Chris and Robin Sorensen created the Firehouse Subs Public Safety Foundation providing funding, life-saving equipment and educational opportunities to first-responders and public safety organizations.
[uam_ad id=”61456″]
Stay Connected, Stay Informed
Subscribe for great stories in your community!
"*" indicates required fields