Old Iconic Restaurant Chains: Where Are They Now?

Published on 07/04/2023
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Steak and Ale

The concept of Steak and Ale was innovative. Like Chi-Chi’s, it introduced a whole concept to the American market: inexpensive steak and a salad bar. Although the business suffered from its own success, the concept was a huge success. Others adopted the design and made improvements, leaving Steak and Ale behind. In the early 2010s, the chain’s final outlets closed. However, the parent company of Bennigans has purchased the Steak and Ale name, and appears poised to bring it back according to their their website, which states, “Once revered for its succulent Prime Rib, warm bread and bountiful salad bar, Steak and Ale is poised for an epic comeback. Redefined as a 21st Century polished-casual concept, while retaining the signature elements that made it an American classic, the new Steak and Ale will once again set the standard for affordable steakhouses. Guided and supported by an expert operations and management team, qualified franchisees have the opportunity to generate immediate consumer loyalty by bringing back a beloved restaurant blessed with decades of goodwill and brand equity. The new Steak and Ale, offering a polished casual experience at a casual dining price point, is positioned for phenomenal growth.”

Steak And Ale

Steak And Ale

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Valle’s Steak House

Its name was Valle’s Steak House, and its specialty was steak and lobster. From 1933 until the year 2000, Valle’s, an East Coast chain, did well financially. However, the weaker economy that followed the gas crisis of the 1970s sealed its fate. Sales of chain-related items on eBay serve as evidence that it was overlooked.

Valle's Steak House

Valle’s Steak House

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