Famous Restaurant Chains That Went Out of Business

Beefsteak Charlie’s

Photo: YouTube

First opening in New York all the way back in 1910, this horse-racing-themed restaurant chain would go on to have 60 locations throughout the East Coast by 1984. Beefsteak Charlie’s was known for having an all-you-can-eat salad bar, as well as unlimited wine, beer and sangria — a deal that seems unbelievable today.

Despite these attractive offers, Beefsteak Charlie’s experienced dwindling numbers in the late ’80s, going bankrupt in 1989. All locations would close over the next 15 years, leaving the restaurant a distant memory.