Vasari LLC, a Dairy Queen franchisee, filed for Chapter 11 bankruptcy protection on Tuesday.
The franchisee owns and operates more than 70 Dairy Queen locations in Texas, New Mexico and Oklahoma.
Under the bankruptcy plan, the company has already closed 22 restaurants, leaving 45 open. Earlier reports showed that two locations in North Texas, Cedar Hill and Carrollton, were slated to close. However Vasari LLC says no decision on the remaining stores that are open has been made.
In the bankruptcy filing, Vasari LLC states that many of its restaurants are in prime "oil country" and the locations have struggled to survive the far-reaching effects of dramatic decline in oil prices. The statement goes on to add that several stores were negatively impacted by Hurricane Harvey, which resulted in physical damage, extended closures and loss of inventory.
Here's the full list of 22 stores that have closed as of November 1, 2017.
- 224 S. Dumas Ave., Dumas, TX
- 977 East Austin St., Giddings, TX
- 1014 South Main St., Perryton, TX
- 1243 N. Main, Shamrock, TX
- 1100 N. 4th Ave., Teague, TX
- 7819 East Admiral Place, Tulsa, OK
- 298 West 1st, Claude, TX
- 720 West Gary Blvd, Clinton, OK
- 2000 S. Commercial Ave., Coleman, TX
- 1612 N. Frazier St., Conroe, TX
- 500 W. Broadway, Denver City, TX
- 200 Main St., Gruver, TX
- 211 North 1st St., Haskell, TX
- 220 West Bender Blvd, Hobbs, NM
- 217 South Main St., Lockney, TX
- 1107 North 7th St., Merkel, TX
- 9495 N. Owasso Expwy, Owasso, OK
- 601 N. Broadway, Post, TX
- 1010 Nacogdoches Highway, San Augustine, TX
- 1005 Railroad, Seagraves, TX
- 502 E. Texas Ave., Stratford, TX
- 1010 Houston St., Wellington, TX
