### Harold's Chicken Franchisee in Nevada Files for Bankruptcy

A franchisee managing Harold's Chicken outlets in Nevada has declared bankruptcy under Chapter 11, as revealed in a recent filing on October 4. This development casts uncertainty over the future of the two restaurants located in Las Vegas and Henderson. According to the filing, the franchisee owes $40,000 but reports having no assets or funds to cover these debts.

Harold's Chicken was founded in 1950 by Harold Pierce in Chicago and quickly became a symbol of Black entrepreneurship. Originating in an African-American neighborhood often neglected by larger chains, Pierce's restaurant grew into one of the few successful Black-owned fast-food franchises in the United States.

Currently, Harold's Chicken operates 46 locations across eight states: Arizona, California, Georgia, Illinois, Indiana, Missouri, Nevada, and Texas. Despite the success stories elsewhere, the Nevada outlets are facing significant financial struggles, adding to the challenges within the broader restaurant industry. Major chains such as Applebee's, TGI Fridays, and Boston Market have also recently closed several of their restaurants, indicating a widespread issue.

The difficulties experienced by the Harold's Chicken franchisee in Nevada reflect the broader financial pressures facing many in the industry. With no assets to offset its $40,000 debt, the future of these iconic eateries remains up in the air.