UPDATE: Perkins has released a statement following the recent closing of their location on University Avenue in Waterloo.
The statement says that they closed the location due to declining sales and an increase in operating costs.
Here is the statement released Monday:
We recently made the difficult decision to close the corporately owned Perkins Restaurant & Bakery in Waterloo, as a result of a combination of sales declines and increasing operating costs that made it untenable to reman open.
“We are so grateful for our dedicated Perkins team members in Waterloo and truly appreciate their years of service. It has been our privilege to serve the community of Waterloo. We thank those we’ve been able to serve in Waterloo and all our customers for their continued loyalty.”Jim Frank, COO of Perkins
WATERLOO, Iowa (KWWL) -- Those wanting 24-hour coffee and pie will have to find a new place to go as of Sunday. The Perkins Restaurant and Bakery on University Avenue closed its doors.
A manager at the Hammond Avenue Perkins was able to confirm the University Avenue location was closing, stating the University Perkins was a corporate operation whereas the Hammond Perkins is a franchise location. The Hammond Avenue location will remain open.
A call and email to Perkins corporate offices as to why the location was closed were not returned Sunday as of this writing.
Perkins has been in financial trouble for some time. In 2019, Perkins & Marie Callender's, LLC announced it would close 10 Perkins locations and 19 Marie Callender's locations nationwide as the company filed Chapter 11 bankruptcy. The company would divest the remaining Perkins locations to Huddle House, Inc.