Famous Dave’s may close more restaurants
Famous Dave’s of America Inc. is getting out of the business of running restaurants, even if it can’t sell them.
The Minneapolis-based barbecue chain said earlier this month that it plans to sell all 33 company-owned units to franchisees over the next year or two. But during an earnings call on Monday, Famous Dave’s CEO Mike Lister suggested that another strategy is on the table, too.
“We may close some underperforming locations,” Lister said.
Famous Dave’s has already closed four company-owned restaurants this year as weak sales sap stores of profits.
Systemwide same-store sales fell 4.5 percent in the first