Denny's abruptly closes Bay Area mall outpost after company's $620M sale
Briefly

Denny's abruptly closes Bay Area mall outpost after company's $620M sale
"The Denny's located at 1000 W. Steele Lane at Santa Rosa's Coddingtown Mall announced its permanent closure in a short memo posted on its storefront window. The Press Democrat reported that the goodbye message directed customers to visit a nearby Denny's on Baker Avenue, which remains open."
""Denny's currently has more than 1,300 restaurants nationwide and continues to open new locations in new markets," a Denny's spokesperson told SFGATE via email, adding that the chain has nearby locations at 115 Baker Ave. or 4986 Petaluma Blvd. "... We'd like to thank our team members and local community for their love of the Denny's brand." It's unclear when the Coddingtown Mall outpost closed its doors. The spokesperson for Denny's told SFGATE that the Steele Lane closure had been a "difficult decision" but did not share additional details."
"The store closure comes about a month after Denny's board members sold the company to private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital Group and Fremont-based Yadav Enterprises in a $620 million deal. Yadav Enterprises is Denny's largest franchisee and recently purchased Del Taco in a $115 million deal. The closure also comes amid a wave of closures for Denny's. In February, the restaurant chain announced plans to close up to 90 underperforming locations in 2025 as part of its "planned acceleration of lower-volume restaurant closures.""
A Denny's at 1000 W. Steele Lane in Santa Rosa's Coddingtown Mall has permanently closed, with a storefront memo directing customers to a nearby Baker Avenue location. A Denny's spokesperson said the chain operates more than 1,300 restaurants nationwide and pointed to nearby locations at 115 Baker Ave. and 4986 Petaluma Blvd., thanking team members and the local community. The timing of the Steele Lane closure is unclear and Denny's called the decision "difficult." The closure follows a $620 million sale to TriArtisan, Treville and Yadav Enterprises and aligns with plans to close up to 90 underperforming locations in 2025.
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