A Waffle House franchisee with more than 100 Waffle House restaurants in Tennessee, Kentucky, Alabama and Mississippi has filed for bankruptcy and is investigating accounting irregularities after the resignation the company’s head of accounting.
SouthEast Waffles LLC has filed for Chapter 11 bankruptcy. Its largest unsecured creditor is Treetop Enterprises Inc., which holds a $4.57 million claim.
Company CEO Jim Shaub says there are ongoing investigations into the departure of the company’s head of accounting and that the company has accounting irregularities.
SouthEast Waffles has 2,100 employees, according to court documents.
Logo from Waffle House.
Danielle on September 1st, 2008 at 2:05 am
Nothing to do with business, well sort of. I need a waffle house hat —green or brown camoflauge? If you know where to locate one please e-mail me – Thanks- Danielle