Bob Evans closes 27 restaurants, none in the Mahoning Valley

NEW ALBANY, OH — Bob Evans Farms Inc. today announced it is closing 27 Bob Evans Restaurants.

Twenty-one of the restaurants are owned and six are leased locations. The owned locations closed April 23-24, and the remaining leased locations are expected to close during fiscal year 2017.

Two restaurants in Ohio were affected: one in Riverside and another in Toledo.

Two restaurants in Pennsylvania were also affected: one in Exton and another in Pittsburgh.

Saed Mohseni, president and CEO, said the locations affected were not meeting performance expectations.

The company expects proceeds of about $20 million from sale of the owned properties. Although restaurants subject to closure generated $30 million of annual revenue, this action is expected to improve annual operating income by about $1 million.