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!