Dairy Queen
Dairy Queen was created in 1940 and is a famous ice cream chain that is secondary to Berkshire Hathaway, Warren Buffet’s company. The company became integrated with Buffett after it acquired Orange Julius back in 1987. In addition to their local branches, they also have international outlets but have not been exempt from the hardship many companies seem to face, especially these days. The company has noted they have a thin profit line in comparison with their expenditure cost coupled with the many products they serve their customers. A lot of the affiliate companies have also filed for bankruptcy, such as Vasari LLC. In 2017, the company filed for bankruptcy and had to close a total of 70 stores.
Dairy Queen
Noodles & Company
If you love local and international pasta dishes, then we are sure you know the famous Noodles & Company…the fast-food outlet that serves the meals the way you like. Former Pepsi executive, Aaron Kennedy, founded the company in 1995 after seeking help from friends and family to raise funds to open the first restaurant in Denver, Colorado. As of 2019, there are 410 Noodles & Co. branches both locally and internationally. The company has done pretty well for itself, but after a $72 million loss in 2018, the company had to close a lot of its branches. Even though they managed to secure a loan, they were still unable to stop any of the store closures.
Noodles & Company
