O'Briens Irish Sandwich Bars owner Brody Sweeney is continuing talks on the future of the chain.Businessworld.ie reports he is involved in talks with creditors and minority shareholders in an effort to restructure the business.
A report at the weekend said his company had changed the locks on a number of stores as his row with a number of franchisees escalated. The Sunday Tribune says O'Brien staff have accompanied locksmiths who changed the locks on four stores last Friday in Cork, Limerick and Clare (Ennis). The paper says the store operators changed the locks back again and opened for business.
There have reportedly been disagreements with franchisees over rents. O'Briens has 110 franchised outlets in Ireland and another 190 in Britain, Asia, the Middle East and Canada.
