House of beauty pancake chain House of Pancakes is closing its doors for good on Tuesday.
The chain’s parent company, CSC Group, said in a statement that it would close its doors “for a period of time to focus on our strategy and growth.”
“We are extremely grateful to our employees, partners, customers, suppliers, and community for their loyalty, service, and support over the past five years,” CSC said.
The company’s closure comes as the chain is facing an intense advertising and marketing blitz as it seeks to break into the lucrative restaurant industry.
It has been operating since 1996.
The restaurant chain has over 300 locations, many in the U.S., Canada, Mexico and the Caribbean.
The majority of its locations in the United States are located in the Dallas-Fort Worth metroplex.
The Dallas-area location of House of Beauty is known for its popular breakfast menu that features pancakes, eggs, bacon and sausage.
The breakfast menu is popular among young people and families.
“We will be forever grateful for the loyal and generous fans who have supported us over the years,” said House of Gift’s CEO, Jeff Tittel.
House of Gifts had been a staple of breakfast in the city since 1997.
In 2013, the chain had its second-largest restaurant, which was located at 1201 N. Congress Ave.
The business was also home to the original Pancake House and now it’s closed.
The location also had a full bar and other food offerings, including breakfast and lunch items.
CSC, a subsidiary of CSC Capital Group, has a total of $1.3 billion in annual revenue.
Citing financial difficulties, Csc also announced plans to close several restaurants.
It is expected to cut more than 50 positions in the next few months.
Csc said the company has been “delivering results” since it launched in 2012.
The Chicago-based company has more than 20 locations in Chicago, Philadelphia, New York, Miami, San Diego, Seattle and Orlando.
“House of Gift is committed to the community and its guests for the past 15 years,” the company said.
“However, it has become clear to us that the restaurant industry requires new opportunities.
We will be continuing to make changes to the organization, as we continue to build the business.”
The company did not say how many of the restaurant’s employees would be laid off.
House’s parent, Csg Group, operates nine locations in California, Illinois, Illinois and Ohio.
Csg’s total revenue for the last fiscal year was $1,932 million, according to company filings.
In 2014, Csg Group reported net income of $6.4 million.
The Austin-based chain has nearly 5,000 locations nationwide, including two in Dallas.
House also has several restaurants in New York City.
The news of the chain’s closure was first reported by CNNMoney.