X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

HOLT, MI-Sixteen restaurants around Michigan will close as part of a Chapter 11 restructuring of Hot ‘n Now restaurants. “A lot of them were old, tired restaurants that were bad structurally,” says Gary Bennett, president and COO of Hot ‘n Now LLC. “What we did is restructured the company.”

Not ‘n Nows in Kalamazoo, Plainwell, Battle Creek, Grand Rapids and Lansing have closed and about 230 workers lost their jobs, Bennett says. The chain will continue to operate five restaurants, and independent franchise holders also continue to operate 17 restaurants in Michigan and other states. The Hot ‘n Now chain was started in Kalamazoo in 1983 by businessman William F. Van Domelen. He sold what was a growing fast-food business to Taco Bell in 1990 and Taco Bell sold it in turn to Hot ‘n Now LLC. At one time the chain included more than 73 restaurants and had locations in Wisconsin and Indiana, as well as Michigan.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.