39. Baja Fresh
The Mexican restaurant Baja Fresh began in 1990, and it became popular enough to boast 200 locations after a few years. In 2002, Wendy’s bought out Baja Fresh. However, they made some decisions that make the business go downhill, and Wendy’s quickly had to sell it by 2006. They just barely missed the Great Recession, but apparently, the new owners were able to turn it around to help it survive at all. By 2017, they had to close down several locations. There are now only 165 Baja Fresh restaurants in the US.