Kona Grill
Kona Grill is a Scottsdale, Arizona based sushi restaurant with around 40 restaurants in 23 U.S. states, as well as three international locations operating under franchise agreements. Regrettably, since its inception in 1989, the chain has been battling off closures. They publicly stated that they are indeed filing for bankruptcy in the spring of 2019. Even so, this company still doesn’t think about giving up and hopes to find a merger even after the CEO has declared his real say in withdrawing.
Quiznos
The fast-food sandwich shop filed for bankruptcy in 2014 but made a successful turnaround alongside the $400 million decreases in its debt. This joint had 5,000 locations worldwide back in 2002 but now has only eight hundred. The shutdowns began in 2007 when they bid their farewell to one thousand US locations. Quiznos was North America’s second-largest submarine sandwich shop chain, behind Subway. A survey conducted in 2016 suggested Quiznos was the ninth-largest sandwich submarine shop chain based on actual sales. Money.com reported in May 2018 that Quiznos had 1,500 US-wide locations.