Some Of These Restaurants Have Decided To Shut Down And Here’s Why

Published on 12/11/2020
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Kona Grill

Kona Grill was famous for its sushi, and the store was created in Scottsdale, Arizona, in the year 1989. It had 40 branches across the U.S. and Puerto Rico. Sadly, they were facing a big problem that could lead to the closing down of the franchise. According to the company, in 2019, they would apply for bankruptcy. They might have a chance to merge even if the C.E.O. might decide to resign.

Kona Grill

Kona Grill

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Quiznos

Quiznos had filed bankruptcy in 2014, but they still managed to survive and returned to business. The restaurant made a way to lower its debt to $400 million. Quiznos had 5,000 branches across the world. Currently, the restaurant only had 800 stores left. In 2007, they decided to shut down some of their chains, but 1,000 restaurants in the U.S. were closed down.

Quiznos

Quiznos

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