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It's not a good sign to see restaurants close. Here in my area, we had a KFC close at a busy intersection of the city. A few weeks later, I was in the same area, and a Chinese Buffet had closed. There are now 3 closed restaurants within that same 2 block area. I suspect the price of gas, and other economic factors, has taken it's toll on the restaurant industry. When families are trying to cut back budget wise, eating out can be one of the "luxuries" that gets cut first.