Financial Woes Reason Behind Wahlburgers Closing

Mark Wahlburgers food joint to close its doors

If you were hoping to visit Wahlburgers when you come to New York City, you’re out of luck because the Coney Island location has closed, and the proposed Times Square location hasn’t opened yet. Sources say that the reason is that Mark Wahlberg’s family burger chain is suffering from financial difficulties.

An insider said that they haven’t been paying their bills on either location. In fact, it had gotten so bad that they were on the verge of being locked out of the Coney Island store for not paying rent. Another source claimed that they hadn’t paid their staff.

A Wahlburger rep said that the Coney Island location closed because “the franchisee was not operating in compliance with Wahlburgers business practices and brand standards.” The rep said that they’re committed to reopening the Coney Island location. As far as Times Square, they’ll open when they’re “confident the leadership, staff, and resources are in place to uphold Wahlburgers’ commitment to excellence in all regards.” We’ll keep you posted…

Source: Page Six