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Applebee’s will close several restaurants in 2024

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One of the country’s best-known restaurant chains, especially in New Jersey, is downsizing.

FinanceBuzz recently collected data to see which fast-casual restaurant chains were the most popular nationally, and this restaurant was considered New Jersey’s favorite.

That’s why it’s surprising to hear that it’s closing multiple locations.

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You can read more about its popularity in the northeastern region of the country, where six of those nine states are located, including neighboring states Pennsylvania and Delaware.

Read More: Have You Tried New Jersey’s Favorite Fast Casual Chain Restaurant?

Applebee’s will close several restaurants in 2024

“We expect a net of 25 to 35 fewer domestic Applebee’s restaurants,” said Applebee’s President Tony Moralejo.

The company also owns IHOP.

Today.com reports that it’s all part of the plan.

With the closure of as many as 35 Applebee’s, 25 new IHOP restaurants are expected to open.

Moralejo further said: “With our new development strategy, we are confident in our ability to continue opening new restaurants and growing our brands’ footprint over time.”

It was almost seven years ago when Applebee’s closed about 100 restaurants nationwide, but then again, IHOP opened 46 restaurants last year alone.

I’m curious which one you like better.

Are you more of a fan of Applebee’s or IHOP?

If I had to choose between the two, I’d go with Applebee’s.

Applebee’s first opened in 1980.

New Jersey is home to 55 Applebee’s, so you may have to travel a little further to find one.

There’s no word yet on which locations will close and when exactly, but I’ll keep you posted.

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