IRVING, Texas -- Dozens of Dairy Queen restaurants are set to close after a franchisee based in Irving filed for bankruptcy.

Vasari, LLC has a hearing on Wednesday over the Chapter 11 filing. It owns about 70 stores total and will close 29 of them.

Most of the stores closing are located in the Texas Panhandle, and Vasari cites the decline of the oil business as a big reason for the filing.

Hurricane Harvey also had a negative impact on business, Vasari said.