Operations

33-year-old Specialty’s bakery-cafe chain closes

In closing its more than 40 locations, the company said the coronavirus has “decimated” sales.
Specialtys
Photo courtesy of Specialty's

The coronavirus is forcing the permanent closure of all of the more than 40 units of the Specialty’s Cafe & Bakery chain, the company announced.

Tuesday will be the chain’s last day in business.

“Specialty’s Cafe & Bakery is closing after 33 years of business,” the Pleasanton, Calif.-based chain said in the announcement. “Current market conditions attributed to COVID-19 and shelter-in-place policies have decimated company revenues.”

The bakery-cafe concept had units in California, Illinois and Washington.

It had not been doing well pre-pandemic, according to data from Restaurant Business sister company Technomic. Same-store sales dropped more than 11% in 2019 from the year before, and the company shuttered eight units.

Specialty’s began in its founder’s garage in 1987.

It is one of a growing number of restaurants, both independents and chains, that have announced permanent closures or bankruptcies amid the pandemic.

 

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Emerging Brands

How Mr. Pickle's is playing the value game with sandwich sizes

The California-born chain known for Dutch Crunch rolls is borrowing a page from Goldilocks and rolling out a mid-sized sandwich that gives guests a more-profitable reason to visit.

Financing

Two companies learn the hard way that running restaurants is difficult

The Bottom Line: Red Lobster and Topgolf were both acquired by companies outside the restaurant industry. Those companies have learned just how competitive the business is.

Financing

Restaurant buyers have little interest in actual restaurants

The Bottom Line: There is a clear line in what restaurant chain buyers want right now. They want franchisors, not the restaurants themselves.

Trending

More from our partners