Bridlington’s Burger King restaurant is one of 36 said to be at risk as the franchise which runs it has gone into administration.
The branch, in the Promenades Shopping Centre, is still open but reports have said more than 1,000 jobs are in danger around the country.
Two firms which run 36 Burger King outlets across the UK have entered administration putting the jobs at threat.
Nick Cropper, Ryan Grant and Catherine Williamson of business advisory firm AlixPartners were appointed joint administrators over Millcliffe Ltd and CPL Foods Ltd, which runs the Bridlington branch, earlier this month.
It is understood administrators were appointed after the businesses experienced cash flow pressures, thought to be down to delays in developing and opening new stores.
At present, all 36 branches are remaining open and trading while administrators examine “all possible options for a sale of all or parts of the business”.
They will also work closely with franchiser, Burger King Europe GmbH, in finding suitable interested parties.
The administrators said: “Our priority now is to work closely with the business and determine the optimum route forward for the companies as we continue to serve our valued guests throughout the UK.”
“We are confident that the companies are an attractive proposition for a range of potential buyers and, as such, we expect and welcome contact from interested third parties.”
When the Bridlington restaurant opened in 2015, Lamen Reddy, operations director at CPL Food Group, said: “CPL Food Group is delighted to be opening another food court, which is part of our nationwide expansion plan across the UK.
“We believe this food court will give the people of Bridlington a completely new offering which they do not have currently and we know the restaurants will be well received by all.
“The Promenades Shopping Centre is seen as the community hub in Bridlington so it was a perfect location for us to establish a new food court.”
Burger King opened at the same time as Rooster’s Southern fried chicken restaurant in the shopping centre, but that has already closed and been replaced by Papa John’s pizza.