Owner of 22 Arizona Applebee’s files for bankruptcy

RMH Franchise Holdings, Inc., a major owner of Applebee’s Grill and Bar franchises, filed for Chapter 11 bankruptcy protection May 8, according to court documents.

The company, which has offices in Atlanta and Lincoln, Nebraska, owns more than 160 Applebee’s restaurants in 15 states, including 22 in Arizona. RMH Holdings owns 8 percent of all the Applebee’s worldwide.

In the bankruptcy filing, RMH Holdings said it owes between $100 million and $500 million and has between 5,000 and 10,000…

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