Luby’s
Luby started popular chains such as Koo Koo Roo, Luby’s, Cheeseburger in Paradise, and Fuddruckers. It started under the name Luby’s Cafeteria in 1947. At the moment, the actual restaurant has 83 branches but decided to close less successful branches. This was done as a way to improve company revenue by obtaining profits of $6.6 million.
Steak ‘N Shake
Founded in 1934, Steak ‘N Shake started out as a burger joint in Normal, Illinois. At the moment, it operates in America, the Middle East, and Southwest Europe. The company boasts 628 locations, 214 of which are franchised. Sadly, it is now looking for a franchise partner as it temporarily shuts down dozens of locations.