Net units closed in 2011: 32
The 40-year-old fish-and-chips chain was sold off by owner Yum! Brands last fall, which stated the brand was "not an international expansion platform." Along with the A&W All-American Food chain, Long John is now owned by LJS Partners. We'll see if the new owner can invigorate this brand, which has the tough position of being counter-trend with its mostly-fried-food menu.
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: 25 Big Companies Betting On America 10 Horrific Business Mistakes The Big Fast-Food Chains That Are Closing Restaurants The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.