A local outpost of the Subway fast-food franchise has shuttered.
This week, the Penndel Borough location in the Penndel Center shopping plaza along Bellevue Avenue closed.
“To our valued customers, thank you for your business and loyalty. This Subway has permanently closed,” a sign on the door read on Thurday afternoon.
The closure notice directed customers to other nearby Subway locations.
Other nearby Subway locations in Bensalem Township, Bristol Township, Lower Makefield Township, Middletown Township, and Tullytown Borough remain open.
Subway started in 1965 as Pete’s Super Submarines in Connecticut. Over the decades, it expanded and became the largest restaurant chain. There are currently more than 20,000 locations around the world.
In recent years, the company has worked to rebrand itself amid lagging sales and has closed thousands of stores.
CNN Business reported last month that Subway has hired J.P. Morgan to assist with a “possible sale.”
The company is valued, according to the Wall Street Journal, at more than $10 billion.