The Age Of Sizzler May Be Over

Everyone has a childhood memory of eating at Sizzler with the family; filling up on bread rolls and then jumping straight to the self-service sundae bar.

Savour those buffet memories, because it looks as if the all-you-can-eat restaurant is on the way out.

According to Business Insider, Sizzler’s owner, Collins Food, wrote down the value of Sizzler by $37.5 million this financial year.

Collins Food added that it will not invest any more money in the chain, as they “no longer consider Sizzler to be a strategic growth prospect in Australia.”

There are still 26 Sizzlers across Australia (though, 18 of those are in Queensland, oddly).

A “limited” number of restaurants will be closed in the new financial year while the remainders will be closely monitored.

If local Sizzlers do eventually cease to be, take solace in the fact you can always enjoy their endless bean salad supply in Asia, where the brand is actually thriving.

Still, pour some soft serve out for Sizzler in Australia.