Industry | Restaurants |
---|---|
Founded | South Korea (2001 ) |
Defunct | 2020 |
Headquarters | |
Number of locations | 25 stores (2015) |
Website | Official website |
Seven Springs ( Korean: 세븐스프링스) was a restaurant chain based in South Korea owned by the Samyang Group.
In 2014, the chain had over 25 retail stores in South Korea. [1] [2] However, by 2019, only four locations remained, [3] and Samyang Group reported an operating loss of ₩2,200,000,000 that year. [4] On April 17, 2020, Samyang Group announced that they would withdraw from the restaurant business, closing all remaining Seven Springs locations by the end of that month. [5] [6]
Industry | Restaurants |
---|---|
Founded | South Korea (2001 ) |
Defunct | 2020 |
Headquarters | |
Number of locations | 25 stores (2015) |
Website | Official website |
Seven Springs ( Korean: 세븐스프링스) was a restaurant chain based in South Korea owned by the Samyang Group.
In 2014, the chain had over 25 retail stores in South Korea. [1] [2] However, by 2019, only four locations remained, [3] and Samyang Group reported an operating loss of ₩2,200,000,000 that year. [4] On April 17, 2020, Samyang Group announced that they would withdraw from the restaurant business, closing all remaining Seven Springs locations by the end of that month. [5] [6]