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Hot Dog on a Stick owner files for bankruptcy

By Associated Press

POSTED:
LAST UPDATED: 04:17 a.m. HST, Feb 05, 2014



LOS ANGELES >> The owner of Hot Dog on a Stick has filed for bankruptcy protection.

HDOS Enterprises says its total debt ranges from $1 million to $10 million and it estimates assets between $10 million and $50 million.

The Los Angeles Times reports the Chapter 11 filing was made Monday in U.S. Bankruptcy Court in Los Angeles.

Chief Executive Dan Smith said in a statement that like many mall-based businesses, HDOS signed expensive leases during the booming mid-2000s and that declining mall foot traffic in recent years has negatively impacted many locations.

Smith said the company will operate as usual while it reorganizes.

The employee-owned company known for its colorful staff uniforms was founded in Santa Monica in 1946 and has about 93 locations, including the Windward Mall, Queen Kaahumanu Center on Maui and the Prince Kuhio Plaza in Hilo.







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PokeStop wrote:
Maybe Eddie Flores and his L & L franchise will bail the stick out! Flores has a solution for everything!
on February 4,2014 | 02:11PM
onevoice82 wrote:
Maybe people are actually learning how to eat better? I can hope can't I?
on February 5,2014 | 04:27AM
sak wrote:
1-10 million in debts and about 10-50 million in assets? Dahh, what's wrong with that?
on February 4,2014 | 02:15PM
dlg808 wrote:
Maybe a hotdog in a ramen bun might work...
on February 4,2014 | 05:10PM
MillionMonkeys wrote:
Brings back fond memories. In California, they'd have the young ladies pumping up and down in their little striped uniforms. You could build up a nice thirst just watching them make lemonade.
on February 4,2014 | 09:52PM
lokela wrote:
Hard to make dogs on a stick work here.
on February 5,2014 | 04:48AM
GooglyMoogly wrote:
Noooo!!!!!!! The loss of ANY hot dog establishment is a loss for humanity. I'll miss ye, old processed meat product bathed in nondescript batter. Your zucchini was awesome.
on February 5,2014 | 09:21AM
2NDC wrote:
I'll show you my "Hot Dog On A Stick"! ;-)
on February 5,2014 | 07:04PM
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