Consolidated Burger Holdings, LLC

Case filing & court posture: Consolidated Burger Holdings, LLC, a Burger King franchisee operating 57 restaurant locations across Florida and Southern Georgia, filed chapter 11 on April 14, 2025 in Florida Northern (Case No. 25-40162). Dkt. 1 The Honorable Karen K. Specie presides. The Debtors had approximately $179,000 in unrestricted cash at filing and carried approximately $36.64 million in funded debt. Dkt. 32
Liquidity & financing path: The Debtors obtained $1.6 million in DIP financing from Auxilior Capital Partners at 15% interest, with a maturity date of July 15, 2025 or earlier upon sale closing or plan confirmation. Dkt. 26 The interim DIP order was entered on April 22, 2025. Dkt. 82
Restructuring outcome: The Debtors pursued an asset sale process rather than plan-based reorganization. Dkt. 63 Substantially all assets were sold to Burger King Company, LLC pursuant to a sale order entered June 26, 2025. Dkt. 300
Post-sale wind-down: Operations ceased on June 29, 2025, and the case is in wind-down phase with ongoing claims reconciliation. The Debtors continue to file monthly operating reports and are actively prosecuting omnibus claims objections.

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