We all have a defunct restaurant from yesteryear that we miss – usually some mom and pop diner or local steak house. But who knew we would mourn Bennigan’s or Don Pablo’s? Well, it’s come to this, people.
There is a school of thought that says the restaurant business is always a good business because people need to eat. A glance at the sales of many of America’s largest restaurant chains over the past decade quickly dispels that myth. MSN Business.com
Here’s the deathwatch:
- Bennigan’s: This nationwide, Irish-themed casual-dining restaurant has 87% fewer locations than it did in 2001.
- Ground Round: This casual-dining burger and steak chain lost 81% of its locations in the last 10 years.
- Bakers Square: Serves breakfast, lunch and dinner, but is best known for its pies. Has 70% fewer locations than 2001.
- Damon’s: I always knew it as a rib joint, but later became a sports bar. 72% decline.
- Don Pablo’s: Nationwide Tex-Mex chain. 70% decline.
- Gloria Jean’s Coffees. In its 30-year history, it has expanded to Australia, where it still thrives. Here? 73% decline.
- Big Boy. This one I don’t get. Frisch’s is the Big Boy chain back home in Ohio, and I have seen ZERO decline. Every one of the dilapidated shops from the 60’s has been renovated. But, the overall national chain is down 65%.
- Tony Roma’s. Tony still has a large international presence, but here at home is down 72%
- Country Kitchen. Buffet place, right? Down 74%.
- Black Angus Steakhouse. Primarily out west, there are 46 BA’s today, down from 107 in 2001 – a 57% drop.
So, any of your favorites on the list? Who did they miss? Let us know!
Living in New York, somehow I don’t recognize any of these chains
When our Ground Round closed….Bennigans moved in. So far it is still there I think.
There are a few Burger Kings and KFCs that have closed in our area recently. Another restaurant, although not a chain, is closing soon. This puzzles a lot of patrons because there are people are lined up at the door waiting to be seated almost every night of the week. When asked why they were closing, the owner said “It’s time”.
I knew a guy who owned a restaurant. He told me that running the place had caused him to miss every birthday, wedding and graduation for 18 years. He just got tired of it.