"Denny's has quietly closed its Coddingtown Mall location on West Steele Lane in Santa Rosa amid the sale of the 71-year-old chain to private investors. With the future of its remaining North Bay locations uncertain, the Coddingtown location closure leaves Santa Rosa with one operating Denny's on Baker Avenue, while Petaluma's Denny's on Petaluma Boulevard also remains open. The Denny's restaurant at 105 Pomeroy St. in Ukiah closed in 2023 and is slated to become a Habit Burger & Grill."
"The company announced Nov. 3 it was going private following a $620 million deal with investment firms TriArtisan Capital Advisors, Treville Capital and Yadav Enterprises. Last year, investors said in a news release that they planned to close 150 of the chain's lowest-performing stores by the end of 2025 but did not give an official list of stores expected to close. The company also said it would open other locations across the country but did not indicate where."
"After a yearslong decline, Denny's stock jumped 47% immediately after the sale. "We look forward to working with Kelli and the rest of the Denny's team and franchisees to provide resources and support the company's long-term strategic growth plans," said TriArtisan co-founder and managing director Rohit Manocha in a statement earlier this month. Known for its 24/7 operating hours and classic diner breakfasts, the chain has more than1,500 diners nationwide, including 348 in California, according to its website."
Denny's closed its Coddingtown Mall location in Santa Rosa, leaving one remaining Santa Rosa diner on Baker Avenue while Petaluma's location remains open. Additional Northern California closures include Ukiah in 2023, slated to become a Habit Burger & Grill, and a Napa Imola Avenue closure in 2022, while Vallejo, Fairfield and Cordelia remained open as of late November. Signs at Coddingtown directed customers to the Baker Avenue location. The company announced a Nov. 3 going-private transaction valued at $620 million with TriArtisan, Treville and Yadav. Investors plan to shutter 150 low-performing stores by end of 2025 while opening other locations nationwide. Denny's operates over1,500 diners, including 348 in California, and is known for 24/7 hours and diner breakfasts.
Read at The Mercury News
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