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BANKRUPTCY BOMBSHELL: Outback Franchisee Collapses Under $449M Debt as California Costs Bite — 'Businesses Want to Make Excuses'
Next News Network
— November 07, 2026 at 06:26 AM UTC
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A San Diego-based Outback Steakhouse franchisee has filed Chapter 11 with $449 million in debt, citing California labor costs and inflation, as entrepreneur Marcus Lemonis tells Fox Business that operators need to adapt rather than make excuses.
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Originally reported by
Next News Network
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