It’s surprising that they lasted this long
Another iconic Denny’s restaurant has closed its doors for the last time, stripping a California city of the chain’s last location.
Denny’s has closed more than 70 of its restaurants in the last two years, including 15 this summer alone.
Among the recent closures is the last bastion of the fast-casual chain in San Francisco.
The 24-hour restaurant in the city’s Union Square district ran for 25 years before closing on August 1 as a result of rising crime.
The franchise’s operator Chris Haque told the San Francisco Gate the restaurant ‘operated until the last day that we could.’
And what did that crime look like?
The location in San Francisco’s crime-riddled downtown was reportedly effected by frequent ‘dining and dashing’, where customers order, eat and then leave without paying.
‘The cost of doing business is tremendous. There’s vandalism, and people come and eat and walk away, and there’s no one to stop them,’ Haque told the publication.
‘It’s a beautiful city – we love it, we have been there so many years,’ Haque said.
‘But I think [city officials] should make it more business-friendly.’
And it didn’t help that there’s been a big dip in tourism and convention attendance, because it’s become too dangerous in San Francisco, especially the downtown area. And, sure, many other Denny’s have closed this year and in previous years since the Wuhan Flu pandemic started, but, they each have their own reasons. This one was over crime. Oh, and
Robert Verostek, Denny’s executive vice president and chief financial officer, blamed inflation as a significant factor for closures when he spoke to investors earlier this year.
He pointed out that the breakeven point for a restaurant to remain open had jumped from $1 million to $1.2 million due to higher costs for food and wages.
And you can bet that the cost to run this one in San Fran had skyrocketed due to the recently passed $20 minimum wage law. This is Kamala’s America. This is the policies of Democrats that the Biden-Harris admin tried to implement across the country, and that Kamala would work to implement.
Read: Last Denny’s In Kamala’s San Francisco Closes Due To Crime »
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