Giordano’s, known for its “world famous Chicago stuffed pizza,” won court approval Thursday to use a portion of its $36 million bankruptcy loan to continue operating.
Fifth Third Bank provided the financing. The bank agreement outlines the possible sale of the company.
Giordano’s operates six company-owned stores in the Chicago area, four joint-venture stores and 35 franchisee locations, according to its court filing. Giordano’s also sells frozen stuffed pizzas via overnight delivery.
The pizza chain and 32 affiliate businesses filed for Chapter 11 bankruptcy reorganization Wednesday in federal court in Chicago. It owes $45.7 million to its main lender, Fifth Third Bank, according to the filing.
The coffee vending business is your opportunity to cash in on the 30 billion dollar coffee industry.
Amazing opportunity for only $500 in an industry that is prime for sales.
Be a part of the number one growth industry while securing your future with residual income.
Make money building websites for small businesses with our private label website builder