Spicy Pickle Franchising Inc., the franchisor of the fast-casual Spicy Pickle sandwich concept, defaulted on loan obligations earlier this month, resulting in the closure of six out of seven corporate-owned locations in Colorado. According to filings with the U.S. Securities and Exchange Commission, the publicly traded company was unable to make payments due on Feb. 3, and lenders demanded immediate payment of $4.8 million in loans. Filings indicate that certain assets will be auctioned on ...

Register to view this article

It’s free but we need to know a little about you to continually improve our content.

Why Register?

Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.

 

Attention Print Subscribers:  While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!

Already registered? here.