Kentucky Fried Chicken closed its doors earlier this month because of declining business sales, said property and franchise owner Kurban Kurani.
Kurani attributed the poor sales to a shift in the economy in the last couple of years. He said the store's closure was not an overnight decision. He said he had been watching its sales decline for the last two years and did not see its fortunes turning around.
"This location was not penciling out," he said, adding that his other businesses, such as the Kenai Pizza Hut, were doing fine.
All of the employees at the store were offered employment at one of his other businesses, he said.
Kurani said it was too early to forecast what he would do with the property and the building. All options are on the table, he said, and real estate prices are holding fairly steady. Kurani said he has received many calls expressing interest in the property.
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