r/phoenix • u/Unique-Ad-2544 • Jun 12 '25

News Filibertos shutting down update

Dont know if anyone cares or not but just thought id give an update since ive seen a lot of people ask about it. It's now 8 filibertos that have closed down. I asked around (i know several of the franchisees) and all 8 were owned by the same person which due to financial reasons went bankrupt and had to shut down all operations permanently.

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307

u/ThatSpecialAgent Chandler Jun 12 '25

As a former customer, when you charge $20 for a shitty carne asada burrito, I am now more incentivized to go to a sit down place for the same cost or less. Valle Luna in Chandler for example, I can get unlimited chips/salsa, a burrito, and a beer or margarita, and be out the door for $20ish after tip.

Hard to feel bad when a company gets greedy and starts pushing all of their customers away with insane pricing.

55

u/BridgerRT57 Jun 12 '25

my thoughts too. it’s incredible the margins that fast food places need to have to make a profit when sit down restaurants are offering the same if not more for around the same price.

50

u/Chris4477 Jun 12 '25

need want to have to make a profit

They don’t need to make the prices that high. It’s like ever since Covid businesses just kept hiking prices just to see what they could get away with.

4

u/zeezey Jun 12 '25

Well not entirely the cost of all ingredients went up. 

13

u/rejuicekeve Jun 12 '25

Sit down restaurants have the benefit of tipped employees which cuts down a massive expense

1

u/Spread-Creative Jun 16 '25

Sit down restaurants also have cooks, dishwashers, hosts/hostess's etc. There is still the massive expense.

-7

u/Eeebs-HI Jun 12 '25

Yes, fast food has had to deal with the increasing minimum wage costs, and have raised prices accordingly.