 Two years later, Apple South decided to divest all of its 264 Applebee's franchises (in a franchise system that had 960 units), along with its other franchise properties, to focus its efforts on the 120-unit Don Pablo's and the other company-owned chains.Shortly after the Applebee's restaurant divesture, Apple South changed its name to Avado Brands to emphasise the change of business.Things did not go as well as Avado had originally planned, and it filed for bankruptcy in 2004.