Applebee’s Franchisee Files Bankruptcy Amid Wave of Closures An Atlanta-based Applebee's franchisee with up to $50 million in liabilities has filed for Chapter 11 — shuttering 10 Florida and Georgia locations while 53 more go up for sale. Original Source: https://www.moneytalksnews.com/applebees-franchisee-files-bankruptcy-amid-wave-of-closures/