Downtown Mrs. Winner's shuts its doors

By KRISTIAN HAMMOND kristian@newnan.com The Newnan Mrs. Winner's closed late last week. Atlanta-based Mrs. Winner's Chicken & Biscuits has filed for bankruptcy reorganization, bogged down by tax and lease
issues. Mrs. Winner's was "having trouble with lease terms" and tax issues in November 2010, according to The Atlanta Business Chronicle. Among the list of top 20 creditors Mrs. Winner's owed tax to are the Georgia Department of Revenue, which is owed $1.3 million in sales tax, and the Internal Revenue Service, which is owed $2.1 million in payroll taxes, according to the bankruptcy filing. Mrs. Winner's has seen its income decline over the past three years, court documents show. Income in 2007 was $64.4 million, but dropped to $55.7 million in 2008, and then $40.6 million in 2009. In all, Mrs. Winner's lists assets of $2.4 million and liabilities of $21.9 million, the documents state. However, the attorney on the case of the bankruptcy, John J. McManus, said in November 2010 the company did have a restructuring plan that would be filed quickly. The local Mrs. Winner's on Jefferson Street had a loyal clientele with some people visiting the restaurant daily and visiting with other patrons. A message – "Out of Business. Closed" – is written on the windows of the Newnan restaurant. It is unclear whether the closure of the local Mrs. Winner's is connected with the chain's bankruptcy proceedings. Efforts to contact Mrs. Winner's corporate headquarters on Friday were unsuccessful. According to the company website, Mrs. Winner's is owned by Famous Recipes Company Operations Inc., which has headquarters in Atlanta and in Destin, Fla. Famous Recipes also owns Lee's Famous Recipes Chicken. While the company website reported Famous Recipes having some 250 restaurants in 18 states, including 110 Mrs. Winner's, other sources indicate there was a massive shutdown of Mrs. Winner's locations in October of last year. There were reportedly 32 Mrs. Winner's still open in March of this year.


More Local

Tractor trailer catches fire above Hwy 34

A tractor trailer heading northbound on I-85 burst into flames Monday morning after it struck a guardrail and concrete divider, but the driv ... Read More


Family trailer fractures on I-85

Five vehicles were damaged and two people were injured Sunday night after a family’s homemade trailer broke loose and was struck by an ... Read More


Orange ribbon project spearheaded by 11-year-old

Jacie Adcock is – in her own words – mad and sad. Mad enough and sad enough to take some action. Adcock, who is 11 years old, is ... Read More


Dual enrollment saves GA students college debt

Not only do dual enrollment courses allow high school students to earn college credit early, but those higher-level courses also increase gr ... Read More


CEC students take home most awards in Emmy competition

Students from Central Educational Center garnered the top number of awards – four – of any school with competitors in the 2015 H ... Read More

Natalie Bacho to speak at prayer event Thursday

The National Day of Prayer is Thursday, and events in observance of the day are scheduled in Newnan and Grantville. The theme for 2015 is &l ... Read More