Famous Restaurant Chains That Are Now Closing Franchises

Published on 12/08/2020
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Luby’s

Luby was an initial company which founded popular restaurants in Paradise, such as Luby’s, Koo Koo Roo, Fuddruckers, and Cheeseburger. Established as Luby’s Cafeteria in 1947, it was subsequently rebuilt. There are 83 branches of the current restaurant in Luby, but they recently announced that the less popular outlets would close. Before that, they were able to increase their sales by receiving 6.6 million dollars.

Luby's

Luby’s

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Steak ‘N Shake

Founded in 1934 in Normal, Illinois, Steak N Shake was founded as a regular burger restaurant. It now serves several countries, including America, Southwest Europe, and the Middle East. There are today 628 franchised outlets. There are 214. However, they are gradually closing some hundred stores as they are searching for a new franchise partner.

Steak ‘n Shake

Steak ‘N Shake

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