Hardee’s
Locations Closing: 5
Annual Revenue Of Restaurant: $1.192 million per franchise (2023)*
Five Hardee’s restaurants in central Illinois have shuttered, with one already finding a new owner. The Chatham Hardee’s closed unexpectedly on a Monday, and by Wednesday, the property at 331 N. Main St. had a new owner. Jay Clark, a broker with The Real Estate Group, stated that some leases were about to expire, which could influence the closures. Restaurants in Springfield, Virden, Champaign, and Monticello have all been affected. As changes ripple through the fast-food market, the closures indicate a shift in Hardee’s position in the area.
Hardee’s
Pieology Pizzeria
Locations Closing: 1
Annual Revenue Of Restaurant: $49.9 million (2022)*
Pieology Pizzeria, a prominent “build-your-own” pizza company, appears to have closed its location at The UV Business Center in Sacramento, California. The abrupt shutdown signifies a shift in the local dining scene, denying customers the ability to customize their pizzas at this location. As the “build-your-own” idea evolves, the closure symbolizes the competitive nature of the restaurant industry, where adjusting to consumer preferences and market dynamics is critical for long-term success.
Pieology Pizzeria
