(ETH) – One of the largest restaurant franchisees in the U.S. is set to file for bankruptcy protection despite its brands reporting a bump in sales since the coronavirus pandemic according to a new report from Fox Business.


NPC International Inc, The owner of more than 1,200 Pizza Hut restaurants and 385 Wendy’s Co. stores could possibly file for chapter 11 protection as soon as Tuesday, according to people familiar with the company’s finances.

According to the report, The franchisee missed interest payments on its nearly $800 million in loans on Jan. 31st. This franchise is not alone as several franchised restaurant companies have also declared bankruptcy since the pandemic hit, including the parent company to Chuck E. Cheese and the U.S. division of bakery chain Le Pain Quotidien.

Ricky Scaparo is the pastor and founder of the international ministry End Time Headlines. A ministry that provides resources to equip believers and to inform the discerning of the signs and seasons in which we live. His mission is to inform his readers and viewers of prophetic events and how they are unfolding before our very eyes through news and headlines presented from a prophetic perspective in light of the Holy Bible.