{"id":10440,"date":"2026-07-03T16:51:51","date_gmt":"2026-07-03T16:51:51","guid":{"rendered":"https:\/\/www.fintechpulse8.com\/?p=10440"},"modified":"2026-07-03T16:51:51","modified_gmt":"2026-07-03T16:51:51","slug":"popular-breakfast-diner-chain-closes-over-150-locations","status":"publish","type":"post","link":"https:\/\/www.fintechpulse8.com\/?p=10440","title":{"rendered":"Popular breakfast diner chain closes over 150 locations"},"content":{"rendered":"<p><\/p>\n<p>Breakfast dining chain Denny&#8217;s continues to reduce its restaurant footprint as some of its underperforming franchisees close locations amid weaker customer traffic and higher operating costs.<\/p>\n<p>Fewer customer visits and lower sales can lead to underperforming restaurants, which was the case with iconic breakfast diner chain Denny&#8217;s, which closed another troubled location at the corner of Rosecrans and Jarvis Street in the Point Loma area of San Diego, according to KFMB-TV.<\/p>\n<p>The closing follows at least three other shutdowns and a franchisee bankruptcy filing this year, after the chain closed 150 Denny&#8217;s locations in 2025.<\/p>\n<figure>\n<p>                        <img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.thestreet.com\/.image\/NDA6MDAwMDAwMDAyNzg3MTY2\/dennys-ko-112825.jpg?profile=rss\" height=\"675\" width=\"1200\"><figcaption>Denny&#8217;s closed 150 locations from 2024 through 2025 and continues closing restaurants.<\/p>\n<p>Shutterstock<\/p>\n<\/figcaption><\/figure>\n<h2>Denny&#8217;s closes San Diego location<\/h2>\n<p>Diners trying to enter the Point Loma Denny&#8217;s on June 22 were met by a big red professionally made sign that seemed to have been produced days ahead of time for the closing that read: &#8220;Thank you, Rosecrans. We&#8217;re moving down the street!&#8221; according to KFMB.<\/p>\n<p>The sign proclaimed: &#8220;The Legacy Breakfast. Enjoy breakfast on us. Saturday, June 20. Come in for a flyer.&#8221;<\/p>\n<p>Another hand-written sign in ink outside the front door read, &#8220;Closed. Visit Denny&#8217;s at 3920 West Point Loma Blvd.&#8221;<\/p>\n<h2>Restaurant property advertised for-lease  <\/h2>\n<p>The 1601 Rosecrans Denny&#8217;s location was advertised for-lease by Strategic Real Estate Inc. in early June while the restaurant was still operating, according to SanDiegoVille.<\/p>\n<p>The Point Loma Denny&#8217;s opened in 1966 at a time when the area was rapidly growing, along with nearby military installations, the fishing fleet, and expanding tourism.  The location was a favorite of Navy personnel, San Diego International Airport travelers, late-night diners, college students, and families seeking breakfast all day long, SanDiegoVille reported.<\/p>\n<p>Denny&#8217;s traces its roots to the founding of Danny&#8217;s Donuts in Lakewood, Calif., in 1953, which later became Danny&#8217;s Coffee Shop and finally Denny&#8217;s in 1959.<\/p>\n<h2>Chain sold to private equity<\/h2>\n<p>Denny&#8217;s Corporation sold the company to a group led by private equity firm TriArtisan Capital Advisors LLC, alternative asset investor Treville Capital Group, and one of Denny\u2019s largest franchisees, Yadav Enterprises Inc., for about $620 million in an all-cash transaction, that closed on Jan. 16, 2026.<\/p>\n<p>The company became a privately-held corporation at the close of the sale. It operated 1,459 global restaurants, consisting of 1,397 franchised and licensed restaurants and 62 company-operated locations, according to the company&#8217;s last quarterly report ending Sept. 24, 2025.<\/p>\n<p>The San Diego restaurant is not the only Denny&#8217;s location to close this year. The restaurant chain closed locations in Grand Rapids, Mich., and in Kalamazoo, Mich., in February 2026, WOOD-TV 8 reported.<\/p>\n<p>Franchisee owner of the locations, Denn-Ohio, which owned 10 Denny&#8217;s units, filed for Chapter 11 bankruptcy in 2023.<\/p>\n<p>Also, a Denny&#8217;s franchise in Midland, Texas, closed its restaurant in early January 2026, according to Mashed.<\/p>\n<h2>Franchisee filed for bankruptcy<\/h2>\n<p>Denny\u2019s restaurant franchisee DBJ US Corp. filed for\u00a0Chapter 11 bankruptcy\u00a0protection on Jan. 27 to restructure its financial obligations.<\/p>\n<p>The Miami Beach, Fla.-based operator of seven Denny\u2019s restaurants in South Florida filed its petition on Jan. 27 in the U.S. Bankruptcy Court for the Southern District of Florida but did not indicate a specific reason for filing its case and did not say whether it would close any locations.<\/p>\n<p>Among the causes for  underperforming restaurants has been a decrease in diner visits, as 45% of restaurant owners claim customer traffic declined between May 2025 and May 2026, while only 29% claimed traffic rose in that period, according to the National Restaurant Association&#8217;s Industry Tracking survey released on June 29.<\/p>\n<p>It was the 15th time in the last 16 months that restaurant owners reported a net decline in customer traffic.<\/p>\n<p>The declining traffic observed by the National Restaurant Association over the last year also affects same-store sales, as 33% of restaurant owners reported a decline in same-store sales it the same period, according to the survey. About 50% of restaurant owners, however, reported an increase in same-store sales in the same period, which was slightly higher than the 48% reporting an increase in the period ending April 2026.<\/p>\n<p>The remaining 27% of restaurant owners reported no change in the period ending in May.<\/p>\n<p>Labor costs have become prohibitive for running a 24-hour diner operation, such as Denny&#8217;s, according to TheStreet advisor and\u00a0RTMNexus\u00a0CEO Dominick Miserandino.<\/p>\n<p>\u201cYou can\u2019t run 24-hour operations on 2026 labor costs when food prices are up 34%. The all-day breakfast used to be a superpower. Now, with 9% of full-service spots at risk of closing this year, it\u2019s a liability,&#8221; Miserandino told TheStreet&#8217;s Daniel Kline.<\/p>\n<h2>Denny&#8217;s closings in 2026:<\/h2>\n<ul>\n<li><strong>Denny&#8217;s, 1601 Rosecrans, San Diego, closed June 2026. Source: KFMB-TV.<\/strong><\/li>\n<li><strong>Denny&#8217;s, 3127 Plainfield Ave. in Grand Rapids, Mich., closed February 2026. Source: WOOD-TV.<\/strong><\/li>\n<li><strong>Denny&#8217;s, 3817 Cork St. in Kalamazoo, Mich., closed February 2026. Source: WOOD-TV.<\/strong><\/li>\n<li><strong>Denny&#8217;s, 3701 W. Wall St., in Midland, Texas, closed January 2026. Source: Mashed.<\/strong><\/li>\n<\/ul>\n<p align=\"center\"><strong>Related: Popular fried chicken chain franchisee closes 39 locations<\/strong><\/p>\n<p>#Popular #breakfast #diner #chain #closes #locations<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Breakfast dining chain Denny&#8217;s continues to reduce its restaurant footprint as some of its underperforming franchisees close locations amid weaker customer traffic and higher operating costs. Fewer customer visits and&hellip; <\/p>\n","protected":false},"author":1,"featured_media":10441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[246],"tags":[7234,1458,1459,12242,1460,2102],"class_list":["post-10440","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-popular","tag-breakfast","tag-chain","tag-closes","tag-diner","tag-locations","tag-popular"],"_links":{"self":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10440"}],"version-history":[{"count":0,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/posts\/10440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=\/wp\/v2\/media\/10441"}],"wp:attachment":[{"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fintechpulse8.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}