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Mountain Mike's Expansion Amid Franchise Bankruptcy | Raleigh News
While pizza giants like Pizza Hut and Papa John’s shutter stores, Mountain Mike’s is doubling down—opening 25 new locations next year and eyeing 100 more across 16 states. Yet, one of its Oregon-based franchisees just filed for Chapter 11 bankruptcy, drowning in $1M–$10M in debt despite holding only $50K in assets. As pizza prices climb and 35% of consumers cut back, the contrast between expansion and collapse in the same industry is stark—and the parent company’s bold growth plan continues, even as the market tightens. Listen in comfort:Get a discount on a Soli Pillow…
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