What’s on your bucket list in the Key West area?
Key West, Florida — For the last three years, the Key Western Key Biscuits have been the biggest draw in town.
With a few exceptions, they’ve stayed open for almost four years.
The chain has grown so big that it’s now the biggest restaurant chain in the US.
But, as the restaurant’s popularity grows, it’s also been hit with the brunt of an increasingly harsh economic downturn.
“This business is really dependent on the economic recovery,” said John Davenport, the chain’s CEO.
The company has struggled to survive, with earnings falling from $3.8 billion to $2.4 billion in the last 12 months, and a loss of $20 million for the quarter ending December 31.
Key West Key Bissuit is now a ghost town.
There are fewer than 20 employees and a few hundred customers per day.
“It’s not a great business for us,” said Davenpool.
“But I think the bottom line is we need to continue to work, and we have to continue our expansion.”
The chain is now planning to reopen at a larger facility.
It’s not the only restaurant chain suffering financially.
KeyWest Key Bistro closed its restaurants in May 2016, and it’s been struggling ever since.
KeyBanc, another chain, has seen its sales plummet since the company closed its doors in January, and the company has had to cut 2,000 jobs since then.
KeyPass has seen losses of more than $50 million since 2015.
And its parent company, National Restaurant Association, has suffered a series of recent financial losses, with revenues down $1.2 billion to about $3 billion, according to the latest earnings report.
KeyWise has also been struggling, with its net loss ballooning from $300 million in 2015 to nearly $1 billion in 2016.
“We’re trying to be more resilient in our business, but it’s not going to be enough,” said Matt Kocher, a KeyWest spokesperson.
“When you have a lot of people that are struggling, that’s not sustainable.”
A recent lawsuit claims KeyWest’s management failed to protect the chain from fraud.
Key Banc has filed a lawsuit against the company and the state of Florida.
KeyTravel, which had its doors to KeyWest closed in March, says it lost nearly $2 million in 2016 alone, and filed for bankruptcy.
The restaurant chain has also lost money, but is now reopening.
It has plans to expand its restaurants and plans to open more locations in Texas, Florida and elsewhere.
“At KeyWest, we’ve never been more excited to be opening new restaurants and expanding our franchise network,” said Rob Wohlgemuth, a spokesperson for KeyWises.
“Our customers love us and we love them, and our loyalty is stronger than ever.”
KeyWest also operates other KeyWest-branded restaurants.
And KeyWize has been hit hard by a recent court ruling that forced the company to provide employees with health insurance.
The ruling was overturned last year.
The legal action is currently before the US Supreme Court.
KeyWorld has also seen several legal fights, including a class-action lawsuit against its parent chain, National Key Bicycles.
“You can tell they’re in a lot more pain than they’ve ever been in their life,” said David DeHaan, the owner of KeyWorld Bicycling.
Keyworld’s business is not the same as it was before the company shut down.
“I’ve been there seven years now, and they’ve never had any trouble,” he said.
Keywest’s business model is changing as it expands into other areas.
“The economy’s definitely changing, and that’s really important for us to be able to keep our customers happy,” said Wohlgembuth.
“They’re not the biggest customer base in the world, but they’re a huge demographic, and there’s definitely a need for them.”
KeyWerve has been able to survive by taking advantage of the recession.
Its expansion plans include opening a new location in California and opening a chain of stores in the San Francisco Bay Area, as well as in Dallas, New Orleans and Austin.
Keywerve has also added restaurants in New York City and Miami, but the company is struggling to make ends meet, as its business is hurt by a severe downturn.
KeyWestern, the second-largest restaurant chain, said it will close at the end of the year, and its owners are looking for a new owner to take over.
KeyWAVE has been the company’s flagship store for more than 50 years, but that’s about to change.
KeyWar, the company that owns KeyWife, will take over the store next year.
KeyWars will remain a family-owned business, as KeyWaves stores have for decades.
But the new owner is looking to focus on expanding its operations.
Key Wars also is considering opening its