Two Indiana Arby’s to Close as Franchisee Files for Bankruptcy

The franchisee company operates Arby’s locations in five states and has now filed for Chapter 11 bankruptcy.

I don't visit Arby’s all that often, and when I do, it's usually with a coupon. In the past, I've enjoyed their Classic Beef 'N Cheddar, Curly Fries, Mozzarella Sticks, and even their shakes from time to time. While Arby’s isn't my first choice dining locale, it is one of my wife's favorites, so having one close by has always been a good thing. That said, some of Arby’s locations in the Hoosier State won't be around much longer.

It's no secret that inflation has impacted not only consumers but also business owners across the nation. According to Nation's Restaurant News, Louisiana-based Miracle Restaurant Group LLC has filed for Chapter 11 bankruptcy. Currently, the company has 25 Arby’s locations spread across Indiana, Illinois, Texas, Mississippi, and Louisiana. Nation's Restaurant News reported the company cited inflation of commodities and labor expenses as their primary reasons behind the move.

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The company was able to sell three of their Indiana locations in September 2023, with the proceeds being used to pay down debt. However, Nation's Restaurant News reported attempts to sell its restaurants in Illinois, Texas, and their remaining two restaurants in Indiana were unsuccessful. This was attributed to declining earnings, which made the restaurants "undesirable" to potential buyers. The following were Miracle Restaurant Group LLC-operated stores in Indiana, but it's unclear which have sold and which are closed or will be closed.

• 3915 E Ridge Rd, Highland, IN 46322
• 4651 W 61st Ave, Hobart, IN 46342
• 8150 E Ridge Rd, Hobart, IN 46342
• 8100 Calumet Ave. Munster, IN 46321
• 700 W US Highway 30, Schererville, IN 46375