Denny's is not a place you plan on going to, but a place you end up at.
Denny's acquired for $620 million and going private.
- Thread starter 97prizm
- Start date
Seed oils!! hahahaha
Exactly. And it has an aura all its own.
This thread reminded me of the time that Mrs. Tdbo and I were on vacation and we stopped at a Denny's for breakfast located on the NC/SC line.
I wanted some Ketchup for my hash browns.
Staff was not helpful in assisting despite multiple requests.
So I was forced to go behind the counter to get some.
The one near me is actually very good. The burgers are hand made too. Not from a bag
Will they have warm pancake syrup ?
They will load it up with debt, split the real estate out and sell to someone with expensive rent, then sell Denny's to a sucker and let it go bankrupt, everyone but the PE loses money like always.
Agreed, this has the stench of some vulture capitalism.
The last time I was there our server ghosted us. Her loss because because I was with a group of coworkers and we were notorious for overtipping.
We haven't eaten at a Denny's since April of 2000.
I remember the date because we were on our way to MCO with our rental car to return it and catch our flight home.
Another memory of the trip is that when we connected at CLT it seemed like half of the gates had MetroJet 737s on them.
Anyway, a look at the current menu shows that prices are still reasonable and I'm sure that while not an upscale experience the food is probably not bad.
Since I'd doubt that the chain has much in the way of assets left to strip it may be that the new owners feel that there is a clear opportunity to breathe life back into the chain.
I remember the date because we were on our way to MCO with our rental car to return it and catch our flight home.
Another memory of the trip is that when we connected at CLT it seemed like half of the gates had MetroJet 737s on them.
Anyway, a look at the current menu shows that prices are still reasonable and I'm sure that while not an upscale experience the food is probably not bad.
Since I'd doubt that the chain has much in the way of assets left to strip it may be that the new owners feel that there is a clear opportunity to breathe life back into the chain.
Lots of restaurants across the USA are struggling. Mom & pop small businesses are struggling.
Denny’s food is ok…. similar to Waffle House.
Consumers are tight on money and not paying $40 (with tip) for 2 meals at Denny’s.
I ate at Dennys on the way back from the Indy 500 a few years ago and it was pretty low grade.
My friends dragged me back to the same one this year on the way home (against my will) and it had been remodeled, the menu was different, and the food was light years better than it was. It was actually pretty decent.
My friends dragged me back to the same one this year on the way home (against my will) and it had been remodeled, the menu was different, and the food was light years better than it was. It was actually pretty decent.
They knew you wouldn't be back anyway because all locals were at Waffle house.
I have been to Denny's quite a few times long ago, but never in the South.
That $1.99 price was well into the late 90s. But it wasn’t all hours. Maybe 5 AM to 4 PM. I used to go after playing pickup games and the location near the gym had a late night menu starting at maybe 9 PM. The Grand Slam breakfast was on the menu but maybe $9. My go to was the Super Bird.
https://abcnews.go.com/Business/wireStory/dennys-acquired-private-deal-valued-620-million-127152302
"Denny’s will be purchased by private equity investment company TriArtisan Capital Advisors, investment firm Treville Capital and Yadav Enterprises, which is one of Denny’s largest franchisees."
TriAtisan owns PF CHangs and TGI Friday's. Yadav owns a bunch of franchises already - looks like out west.
So might be legit for a change.
I saw that but wasn't familiar with the name TriArtisan Capital advisors.
Funny you say that. About a year ago my friend hosted a birthday party for their son. The pizza wasn't going to win any awards but wasn't half bad.
I fuzzed that out.
One early fall trip, it started to snow at 10,000 feet or so. We had at least a couple days over and down to where we were parked. So Cal boys. Although Boy Scouts who had done snow camping (-2°F once) we were hardly clothed for snow. We hustled our butts down in a day. Wet, cold. To this day, not sure how we had enough for a hotel room (?? maybe my rich buddy had a few $20's) but just made it and crashed out and woke up to a Denny's next door. Hot shower in the AM. I think I had 3 grand slams, and I think the waitress gave us extra toast.
You said exactly what I was going to post. The exact moment I heard Private Equity.. it's Gordo Gecko from the movie Wall Street all over again! Going to say goodbye to Denny's.. sad because around here they're actually really good!
And for this PE firm owning PF Chang and TGI Fridays? They're all gone! Closed! What an awesome track record! sheesh..