Wednesday, October 9, 2024

Fast Food Giant Says It’s Closing Its Doors For Good

Although millions of Americans continue to turn to fast food to feed their families, some fast-food giants are struggling to keep their doors open. Burger King recently announced that it has plans to shut down as many as four hundred locations by the end of the year. The iconic burger chain that has been in operation for decades will target its underperforming stores first, but it did not clarify whether or not it will shut down other stores that are performing well.

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CEO Joshua Kobza announced that the burger chain would be closing between three hundred and four hundred stores by the end of 2023 after the company announced its first-quarter earnings results. The results were not as to be expected, and the chain believes that by cutting down on the number of locations it offers to customers across America, it can save enough money to remain afloat and succeed in the tough climate for fast food restaurants.

At the time of Burger King’s earnings release, it had shut down 124 locations in the year by March. Currently, Burger King has 6,964 restaurants in the United States that remain open to the public. But that could change in a matter of months as the chain looks to shut down more locations to save money on its bottom line.

Burger King found that sales performance varied a lot between various locations. They are currently on the hunt for additional franchisees who have what it takes to make the restaurant successful in their local communities.

Chairman Patrick Doyle said: “There will always be a minority [of franchisees] who aren’t dedicated, enthusiastic operators. We’ll work with them to leave the system and move on to do something else. There simply is no room for franchisees who are not willing or able to work hard to operate restaurants that are better than the system average over the long term.”

Earlier this year, two Burger King franchises declared bankruptcy. Now the chain is looking to cut back on the number of locations it has in America.

Until 2020, Burger King was the second-largest burger chain in the country. However, the pandemic year saw a shift as Wendy’s overtook Burger King to become the second-largest burger chain behind McDonald’s, of course.

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The following Burger King locations are set to shut down in 2023.

Michigan

2155 Gratiot Ave

9871 Livernois

8201 Woodward Ave

18021 Kelly Rd

20200 Grand River Ave

13600 W. McNichols Rd

15500 W. Seven Mile

20240 Plymouth Rd

12661 Mack Ave

9239 Gratiot Ave

17440 E. Warren

16245 Livernois Ave

3863 W. Jefferson Ave.

10336 W. 8 Mile Rd

3625 South Dort Hwy

3801 Clio Rd

13324 Woodward Ave

28203 Plymouth Rd

34835 Plymouth Ave

31456 Woodward Ave

23660 Telegraph Rd

30711 Southfield Rd

1113 E. West Maple Rd

2411 E. 8 Mile Rd

9774 E. M-36

Minnesota

209 Nokomis Street, Alexandria

926 Central Avenue Northeast, East Grand Forks

528 Western Ave, Fergus Falls

21 Depot Street, Litchfield

205 Lake Street, Long Prairie

586 Southwest 1st Street, Montevideo

516 East Bridge Street, Redwood Falls

100 21st Street North, Moorhead

1611 US-12, Willmar

Montana

1422 West Main Street, Lewistown

520 North 27th St, Billings

1211 9th Street West, Columbia Falls

Kansas

2201 East Kansas Ave, McPherson

Nebraska

3627 South Lincoln Avenue, York

2504 O St, Lincoln

4230 North 27th Street, Lincoln

North Dakota

3765 Gateway Drive, Grand Forks

Utah

171 East Gateway Dr, Heber

7810 South 1300 E, Sandy

10235 South State Street, Sandy

729 North Main St, Clearfield

1466 East 3500 North, Lehi

119 East Crossroads Blvd, Saratoga Springs

147 East Bangerter Highway, Draper

5390 South 1900 West, Roy

1660 West North Temple St, Salt Lake City

Wyoming

1902 Mountain View Drive, Cody

SOURCE https://awm.com/