{"id":11170,"date":"2026-07-15T15:16:41","date_gmt":"2026-07-15T15:16:41","guid":{"rendered":"https:\/\/stock999.top\/?p=11170"},"modified":"2026-07-15T15:16:41","modified_gmt":"2026-07-15T15:16:41","slug":"burger-chain-closes-most-locations-after-partners-collapse","status":"publish","type":"post","link":"https:\/\/stock999.top\/?p=11170","title":{"rendered":"Burger chain closes most locations after partner&#039;s collapse"},"content":{"rendered":"<p><\/p>\n<p>A restaurant chain has closed all its locations in one of its largest markets, shrinking its footprint to a single remaining restaurant after a rapid contraction over the past year.<\/p>\n<p>Known for its nostalgic take on American comfort food made with locally sourced ingredients, the fast-casual brand built a loyal following with menu favorites such as flat-pressed &#8220;Crustburgers,&#8221; fried chicken sandwiches, buttermilk biscuits, and handmade milkshakes.<\/p>\n<p>Joyland was created by Sean Brock, a chef who won the James Beard Award for Best Chef, Southeast, and is a four-time finalist for Outstanding Chef, as well as a three-time finalist for Rising Star Chef. <\/p>\n<p>The problems at Joyland are not due to Brock. Instead, they stem from the massive financial issues facing his partner Pihakis Restaurant Group.<\/p>\n<p>The latest closures eliminate what was once the company&#8217;s largest concentration of restaurants, marking another setback as operators across the industry continue grappling with higher costs, softer consumer spending, and financial pressures.<\/p>\n<p>Joyland closes all Nashville restaurants<\/p>\n<p>Joyland has permanently closed its two Nashville, Tennessee, restaurants, ending operations in the city where the brand was founded and leaving the company with a single remaining location at 3719 3rd Ave S in Birmingham, Alabama.<\/p>\n<p>The closures are significant because Nashville served as Joyland&#8217;s home market and, until recently, accounted for half of the chain&#8217;s restaurants. Just a year ago, Joyland operated four locations across Nashville, Birmingham, and Charleston, South Carolina. Following the latest shutdowns, only the Birmingham restaurant remains.<\/p>\n<p>The closed restaurants were located at:<\/p>\n<p>East Nashville: 901 Woodland StSylvan: 4013 Charlotte Ave<\/p>\n<p>Joyland was founded in Nashville in 2020 by Brock. The restaurants were operated through a partnership with Nick Pihakis of Pihakis Restaurant Group and Paul Mishkin, founder of Southall Farm and Inn.<\/p>\n<p>&#8220;While we&#8217;re saying goodbye to these locations, this isn&#8217;t the end of Joyland&#8217;s story. Stay tuned as we look ahead to what&#8217;s next for the brand,&#8221; Joyland wrote in an Instagram post announcing the closures.<\/p>\n<p>Why Joyland is closing locations <\/p>\n<p>The Nashville closures come as Pihakis Restaurant Group faces significant legal and financial challenges.<\/p>\n<p>The company is currently the defendant in at least 11 lawsuits filed in Alabama and South Carolina seeking more than $23.4 million in alleged unpaid bills, according to AL.<\/p>\n<p>In recent months, Pihakis Restaurant Group has temporarily and permanently closed several restaurants across four states, including Tasty Town, Hero Doughnuts, Rodney Scott&#8217;s Whole Hog BBQ, Little Donkey, Luca Lagotto, Luca &amp; Lucy, and Psito. Four of those restaurants later reopened under different ownership.<\/p>\n<p>During\u00a0a recent court hearing, Circuit Judge Patrick Kennedy asked Kevin Heard, an attorney representing Pihakis Restaurant Group, whether Nick Pihakis intended to file for bankruptcy.<\/p>\n<p>&#8220;I can&#8217;t answer at this point,&#8221; Heard responded, according to AL.<\/p>\n<p>The company&#8217;s financial difficulties extended beyond restaurant shutdowns. In May, Pihakis Restaurant Group also faced eviction proceedings involving its downtown Birmingham headquarters, according to WBRC 6 News.<\/p>\n<p>A spokesperson for Paul Mishkin told Nation&#8217;s Restaurant News that ongoing partnership challenges ultimately made the existing operating model unsustainable.<\/p>\n<p>&#8220;We remain committed to the future of Joyland and look forward to what&#8217;s ahead for the brand,&#8221; the spokesperson said.<\/p>\n<p>Although Joyland has not announced plans for additional closures, the Birmingham restaurant remains open.<\/p>\n<p>                        Joyland closes all Nashville restaurants.<\/p>\n<p>Anne-Marie Jackson&amp;sol;Toronto Star via Getty Images<\/p>\n<p>                    Restaurant industry pressures continue<\/p>\n<p>Joyland&#8217;s contraction reflects broader challenges facing restaurant operators across the country.<\/p>\n<p>Rising food, labor, occupancy, and financing costs have squeezed restaurant margins as many consumers cut back on discretionary spending, making it increasingly difficult for weaker brands to remain profitable.<\/p>\n<p>According to the\u00a0U.S. Bureau of Labor Statistics, prices for food away from home increased 3.5% in the 12 months ending May 2026, contributing to\u00a0increased menu prices\u00a0across the industry.<\/p>\n<p>At the same time, the\u00a0National Restaurant Association estimates that both food and labor costs have climbed roughly 35% over the past five years, putting additional pressure on operators.<\/p>\n<p>Commercial real estate costs have also continued climbing. U.S. business rents have increased at a compound annual rate of between 5.5% and 8.8% since 2019, according to Q1 2026 data from\u00a0CoStar Group.<\/p>\n<p>Here\u2019s some of\u00a0my previous coverage\u00a0of restaurant closures:<\/p>\n<p>Pizza chain closing up to 50 locations after years of declinesFast-food burger pioneer chain closes its final locationIconic burger chain closes 89-year-old restaurant for good<\/p>\n<p>For operators carrying significant debt, elevated interest rates have made refinancing and investing in restaurants more difficult, limiting financial flexibility at a time when many brands need to remodel locations, improve operations, or pursue growth.<\/p>\n<p>&#8220;Brands and franchisees with mounting debt are particularly vulnerable,&#8221; Morningstar Consumer Sector Equity Analyst Ari Felhandler told Restaurant Dive. &#8220;The industry headwinds have made it harder to absorb the pressure and pushed weaker operators toward bankruptcies and closures.&#8221;<\/p>\n<p align=\"center\">Related: Iconic seafood chain files lawsuit after bankruptcy<\/p>\n<p>#Burger #chain #closes #locations #partner039s #collapse<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A restaurant chain has closed all its locations in one of its largest markets, shrinking&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[259],"tags":[701,1740,3497,1111,687,17130],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11170"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11170"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/11170\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}