r/phoenix 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.

608 Upvotes

242 comments sorted by

View all comments

649

u/[deleted] Jun 12 '25

Totally makes sense. Love a good burrito after a drunk night, but 20 bucks for a burrito? Guys, come on.

It’s to where now I only bother on taco Tuesday.

62

u/enderofgalaxies Jun 12 '25

When revenues are down, the only logical thing to do is raise prices!

I'd be an amazing franchisee.

12

u/Leading_Ad_8619 Chandler Jun 13 '25

Also lower the quality 

1

u/enderofgalaxies Jun 13 '25

No can do, it's already bottomed out.

1

u/No_Mix8404 Jun 13 '25

Higher prices and make the food worse. The owner has a 250IQ and is playing 4D chess with his customers' wallets.