technically speaking you're bankrupt kiddo that sounds bad it is bad over the last couple of years
numerous establishments were forced to scale back operations and some even closed down for good here
are 10 restaurant chains we may be losing for good in 2022. we're gonna miss you buddy
hail and hardy closed all locations three dollars
no soup for you soup and a sandwich these lunch items go together like peanut butter and jelly
hale and hardy a beloved new york chain dished out the soups and sandwiches for nearly 20 years
before calling it quits this year on the 1st of july their website and social media pages are
even unavailable and inactive just a few years ago in 2015 business was booming and the chain
was touted as the next panera bread for its tasty soups sandwiches and salads that left new yorkers
satisfied at lunch time financial struggles have followed the chain since opening locations in the
high rent manhattan areas and they struggled to keep up with the expenses this suddenly came to
a head last winter when the restaurant was sued by its financial district landlords as the chain
owned them over 400 thousand dollars in unpaid rent all i got is this 20 for the rest of the week
sorry doesn't pay the rent if this is truly the end of hale and hardy it will be a lamentable loss
for new yorkers customers rated the chain highly for its fresh and delicious lunch items reasonable
prices and convenient location for now though as another famous new york restaurant or once said
no soup for you howard johnson's closed all locations lick lick lick it's an ice cream cone
ice cream is the perfect summer treat for anyone with a sweet tooth or looking to cool down on a
hot day in terms of ice cream chains we all know the big guns like dairy queen and baskin robbins
did you know one of the america's oldest ice cream chains is shutting down permanently the final
location located in new york closed down in july meaning the chain that was once america's biggest
is now done for the first location opened in quincy square in 1929 when howard deering johnson
began selling his signature ice cream which was available in 28 distinct flavors over the course
of the next few decades they expanded rapidly adding full-service diners to johnson's ice cream
empire the restaurants eventually reached over a thousand locations across the states becoming one
of the largest chains in the country in the 1960s and 70s however following this period of great
success the chain began losing traction to other chains like mcdonald's and dairy queen and by the
mid-2000s only a handful of physical locations remained the events of the last couple of years
was the final nail in the coffin as the last location in lake george closed earlier this year
how sad is that though the restaurant business is now defunct johnson's chain of identically
named hotels remains operational the loss of the restaurants is unfortunate in addition to being
a pioneer of great ice cream johnson was ahead of his time in many ways supporting civil rights and
a multitude of social issues before it was popular to do so he and his ice cream are missed greatly
nestle cafe closed most locations antonio mentally crunched with the crispy rice removed nestle is
best known for providing children with a massive amount of halloween treats throughout the years
for their countless iconic chocolates and products they also ran a chain of cafes called nestle cafe
until this year that is the first nestle toll house cafe was opened in the year 2000 in dallas
texas the cafes offered items like cookies cakes muffins milkshakes smoothies and coffee would you
be requiring a cold beverage while you're here i'd love some coffee this was nestle's answer
to starbucks as well as mrs fields cookies and they enjoyed success with the chain of physical
cafes for some time at least however following a significant decline in customers and profit that
was heightened due to the recent global challenges the majority of locations were closed for good
when they were purchased by the california-based fat brands which has intentions to turn them into
great american cookie stores there are a handful of remaining locations but these are all smaller
ones that are based in malls or shopping centers it's an unfortunate and premature end to one of
the most interesting and popular cafe chains of recent years however this just shows the
devastating impact that recent events have had on the restaurant industry as a whole in the meantime
we will have to turn back to our chocolate bars in order to get our much needed nestle fix
ryan's closing all locations all you can eat all you can eat ryan's buffet which was once
a worthy adversary of golden corral filed for bankruptcy this year along with several other
restaurant chains under the texas-based vita nova brands founded in 1977 by alvin mccall jr
ryan's quickly excelled in the south and midwest of the united states i'm rich i'm rich after
selling his restaurants the chain experienced great growth throughout the 1980s and 90s
introducing a bar at several locations numerous buffet stations and a multitude of interesting
entrees despite this triumph ryan's began to experience losses in recent years filing for
bankruptcy in april of 2021 they were purchased by bbq holdings as bbq holdings is primarily focused
on growing successful brands the fate of ryan's remains up in the air and barring any last minute
developments it appears that all locations will be closing shortly reflecting on the bankruptcy
it looks like this might be the end for ryan old country buffet closing all locations it says it's
all you can eat well it's all you can eat but what's the difference if i give it to somebody
else old country buffet much like ryan's was part of vita nova brands based in san antonio texas the
history of old country buffet dates back to 1983 when it began operations in texas later merging
with a similarly titled hometown buffet bringing its total number of locations to a whopping
346 company-owned stores and 24 franchises in 36 states however following the 2008 financial crisis
the chain began to falter after facing a series of bankruptcies in the span of the years between
2008 and 2012 the company was subsequently purchased by fresh acquisitions and fmp management
fast forward to the present year and after the challenges of the past couple of years the
buffets have a variety of unsecured liabilities including 3.9 million in sales taxes 900 000 in
payroll tax obligations and other debt similar to orion's old country buffet was seen as an obsolete
brand and it doesn't look like they are going to survive this latest bankruptcy and purchase
so it looks like all you old country buffet fans are out of luck and you'll need to head to
the golden corral if you want to receive your buffet fix now pizza in closed many locations
pizza time anytime is a great time for pizza time from pizza hut to domino's there are a multitude
of chains to get yourself a slice of pizza one pizza chain that is in serious trouble due to
the pandemic is the iconic pizza inn founded in 1958 in dallas texas by two brothers joe and r.l
spillman word of the restaurant's great service and food spread rapidly throughout the decades
as they set up a considerable amount of chains throughout the southwestern united states
before being purchased by the von erich family in the mid-1980s though they experienced success for
many years recent events have changed this their buffet locations have been especially affected
as numerous closings of restaurants took place and their sales dropped by nearly 40 percent
it appears that we may have seen the final days of pizza inn as growing competition from other
chains delivery apps and continued losses are all contributing to the downfall of the chain
it's too much it's too much the ceo of pizza inn's parent company offered some news from a
positive perspective saying that the franchisees and team members have remained committed to the
business and customers resulting in our seventh consecutive quarter of profitability this offers
some hope that pizza inn will stay open in this troubling and uncertain time for our economy
and industry but it still remains to be seen if it will high five closed many locations
it's the best pizza in the neighborhood eighth best pizza inn is not the only pizza chain in
america that has had serious issues over the last couple of years one of the other chains
owned by rave inc of dallas pizza 5 is also experiencing troubles opening in june of 2011
pizza 5 is particularly unique in the pizza world featuring a menu where you can customize personal
pizzas and order calzones salads and desserts already in under 5 minutes in most instances
after opening they receive positive reactions from customers and industry professionals for
their innovative approach to the industry after starting in texas they expanded to an abundance
of locations throughout the midwest and southwest however for reasons that we are all well aware of
by now they have faced major struggles as of late though they once had over a hundred locations
that number has shrunk down to 31. their total sales declined by over 37 percent this year
with same store sales declining nearly 16 a competitive market poor marketing and high
costs all contributed to these struggles as well like with pizza in the ceo is still optimistic
and pointed to the company's 8 million dollars in assets the ceo stated that despite supply chain
disruptions and labor challenges the focus on cost control continues to pay off for the restaurants
and operators he also talked of plans to redevelop pizza 5 including new decor a refreshed specialty
pizza menu and an emphasis on house made curated salads fingers crossed let's hope this chain still
has some life in them yet meatheads burgers and fries filed for bankruptcy i declare
bankruptcy if there are two things that the people of chicago love it's da bears and their
cooked meats one of the most iconic recent chain restaurants from chai town meathead's burgers and
fries is yet another restaurant that has been struggling and is in danger of closing down
the company was started by tom jedorowitz who had previous experience with multiple popular
illinois restaurants before starting the burger chain it quickly grew popular with young people
in illinois particularly those from illinois state university and the university of illinois
to stand out from the competition in the fast casual burger race against rivals like five guys
meatheads is known for cutting a customer's fries in front of them game changer despite their great
success meatheads might have just become the next victim of the recent devastating impact
on the restaurant business as they experienced an 18.9 drop in sales from 2019 to 2020. additionally
despite receiving millions of dollars in relief money from the paycheck protection program loan
as well as a protection loan from lqd financial they filed for chapter 11 bankruptcy in april
of 2021. the bankruptcy protection money may be able to save the chain but this remains to be seen
meatheads could become the next chain we may be losing very soon burger i am filed for bankruptcy
matter of fact is the best burger i've had in years from one burger chain to another burger
i am is next on our list of restaurants that we may be saying goodbye to in 2022. the chain was
started by israeli donna tuchner who came up with the idea for a new burger restaurant while she was
studying at a culinary school in new york city upon her return to israel she opened her first
location in tel aviv getting the name burger i am by taking burger and adding the hebrew suffix im
which refers to the small size of the slider-like burgers that she serves they served a variety of
meat options including beef chicken lamb and falafel options as well as numerous toppings
and cheese the chain was subsequently purchased by oren lani who expanded into the united states
seeing great success in the following years however in 2020 the controversy came knocking
as they were forced to consider bankruptcy due to lani's mishandling of the rapid expansion making
extravagant purchases and focusing on growing as quickly as possible without fiscal responsibility
many locations were completely unprofitable and lani soon left the usa for israel
later in 2022 the u.s attorney general filed a lawsuit against lani for misleading franchisees
about the financial viability of their locations defrauding and overselling investors and the fact
that they backed out of a promise to refund franchise fees to thousands of investors why
it seems that this popular chain is nearing its end rio tuscan grill and bravo italian
kitchen closed many locations i can do a pretty good italian accent you think you could milk me
for this entry on our list of restaurant chains that we may be losing for good in 2022
we go back to the sphere of fast casual italian dining brio tuscan grill and bravo italian kitchen
the much-loved italian chain is facing some significant difficulties the brand was started
back in 1992 by brothers rick and chris duty an executive chef phil yondolino the first restaurant
was a bravo italian kitchen in columbus ohio and after success with that location a sister chain
rio tuscan grill was started presented as a more upscale experience for diners and enthusiasts in
may of 2018 the two brands were sold in april of 2022 food first global restaurants the new
parent company filed for chapter 11 bankruptcy and closed over 70 brio and bravo locations across the
country with many having become unprofitable with only curbside pickup and delivery okay that is sad
in june of 2020 the company was bought out by earl enterprises which has kept the brand alive
for now it still remains to be seen if the surviving locations will be around in the
years to come so hold your breath bravo and brio fans gotta stay optimistic you know stay
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