On Friday, Al’s Burger Shack, a favorite burger joint for UNC students located on West Franklin Street, filed for bankruptcy protection.
The restaurant, which came to Chapel Hill in 2013, was named one of the South’s best burgers by Garden & Gun and one of the Top Five Burgers of all time by Burger Truth. TripAdvisor also named Al’s Burger Shack the best burger in America in 2018.
In addition to the Franklin Street location, Al’s has two other branches also located in Chapel Hill.
“While sales are strong at our three locations, we overextended during expansion and need protection and relief while we reorganize,” Al’s Burger Shack said in a statement over email.
JP Cournoyer, legal counsel for Al’s Burger Shack, said in a statement that Al’s filed for a Chapter 11 bankruptcy due to obtaining high-interest loans as part of expanding the business and opening two new locations.
“This is precisely the type of problem that Chapter 11 bankruptcy is designed to fix,” he said.