[DeanFL]

darn, just checked the article in Orl Sentinel:
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In its bankruptcy filing, Square 1 blamed the financial troubles on an over-saturated restaurant market.

“Unfortunately, between 2014 and 2016, a number of restaurant franchises flooded the market saturating the areas around Square One’s restaurant with a litany of dining options,” court documents said. “When the competition settled in, Square One struggled to breakeven and quickly fell behind with its creditors.”
Square 1 closed in Winter Park in May after being ordered to leave after allegedly owing about $21,000 in back rent, according to court documents.
Winter Park landlord Andre Raab said the burger restaurant “left in the dark of night.” Square 1 also recently closed a location in Sarasota, according to the Sarasota Herald-Tribune. Square 1 Burgers kicked out of Winter Park restaurant space »

Square 1 has eight locations left and the company filed for bankruptcy on all eight individually.

A representative for Square 1 Burgers did not return a phone call or email Monday afternoon. The company’ s lawyer, Scott Shuker, said there are separate filings because each restaurant is an individual limited liability corporation.

Square 1 was founded by Tampa restaurateur Bill Shumate and partner Joanie Corneil, along with Ray Leich. Schumate and Corneil also own Bella’s Italian Cafe in Tampa’s Hyde Park.

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We live 5 min from Sq One here, and so there every other week or so. The BEST burgers...and onion rings. We have noticed declining business there, esp since since snowbirds flew.

darn - and employees.... hopefully a good place will take over...