Gina Mexicana
Locations Closing: 1
Annual Revenue Of Restaurant: Undisclosed
Several Mexican restaurants in New York City closed in January 2024, despite the fact that this cuisine is among the most popular in America. Gina Mexicana was one of the businesses that closed, with the owners not even providing an explanation. Customers were eating there as recently as December, posting ratings on Google and Yelp, indicating that no one saw it coming. This is the worst-case scenario for foodies because it eliminates their last chance to eat at their favorite restaurants.
Oath Pizza
Locations Closing: 1
Annual Revenue Of Restaurant: $14.6 million (2023)*
Oath Pizza is a fast-casual pizza restaurant that has grown to 29 locations in a short period of time thanks to its franchising concept, which many have cited as the basis for its success. However, as the year 2024 began, the chain’s Third Avenue outlet closed. This judgment came as the company’s CEO, Andrew Kellogg, was facing a lawsuit for self-dealing. We are unable to remark on whether the two occurrences are related, but it is safe to state that company dynamics are evolving.