Lyon's Restaurant was a chain of diner-style restaurants. Many Lyon's were in Northern California, with their corporate headquarters in Sacramento.
History
Lyon's was founded in San Francisco[1] in about 1952 by Lyons Magnus which was a wholesaler of syrups at the time. In 1966, it was bought by Consolidated Foods Corporation which later became Sara Lee; the company sold the chain in a management buyout (MBO) in 1989.[2] At the time of the MBO, Lyon's had 65 restaurants across California, Oregon and Nevada and a turnover of $100m.[2]
Not all of their restaurants were in Northern California. Around 1968, there was at least one in Southern California, in La Habra's Fashion Square. The location is now a Denny's Diner and sits near the northeast corner of South Beach Boulevard & West Imperial Highway. The exterior of the building is almost unchanged (other than being painted a different color). It was a Honey's Diner location until the late 1990s or early 2000s. Another Lyon's was photographed in Eugene, Oregon, in 1985.[3] This site became a Chinese buffet restaurant catering to faculty and students at the University of Oregon.
After bankruptcy in February 1998,[4] Lyon's was acquired by ICH, an Arby's franchisee. In January 2001, ICH sold Lyon's to Amber's Pacific Restaurants Inc.,[5] a company of San Diego restaurant owner Amber Lao. APRI filed for Chapter 11 bankruptcy in October 2001,[4] blaming the economic turndown at that time.
In 2002, Lyon's reorganized its 72 remaining restaurants. It sold 35 to franchisees, closed 32, and kept five in Northern California.[6]
The last Lyon's closed in Sacramento in March, 2012.[7]
References
- Business Journal: Top Grade Healthcare, The Brig Bar And Grill, Lyon's Restaurant CapRadio, 13 January 2017^
- Rajan Chaudhry. Sara Lee exits restaurant biz with sale of Lyon's www.findarticles.com, Nation's Restaurant News, 16 January 1989^
- Lyons Restaurant (Eugene, Oregon) boundless.uoregon.edu, retrieved 24 November 2021^
- Mark Anderson. Lyon's moves HQ here, licks its wounds Sacramento Business Journal, 2 September 2002^
- [http://www.findarticles.com/p/articles/mi_m3190/is_44_35/ai_79665856 Lyon's chain files Ch. 11 after rapid shrinkage]. Nation's Restaurant News. 29 October 2001.^
- Mark Anderson. Back on Lyon's restaurant chain menu: expansion East Bay Business Times, 30 August 2002^
- Nation's Remaining Lyon's Restaurant Closes In Sacramento Sacramento.cbslocal.com, 25 March 2012^