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Hollywood Arby's shutters doors after more than 5 decades in business following minimum wage hike

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Owners of the Arby's location on Sunset Boulevard in Hollywood that closed its doors over the weekend are talking about what factors led to their decision.

Hungry people strolling down Hollywood's Sunset Boulevard may find themselves wondering who has the meats after Arby's closed its long-standing location after more than five decades in business. The fast food joint's iconic cowboy hat sign was captured by FOX 11's SkyFOX camera on Tuesday reading, "Farewell Hollywood. TY for 55 great years." The restaurant near Bronson Avenue closed on Saturday, according to local reports.

Arby's, which is part of Inspire Brands, is known for its roast beef sandwiches. The global multi-brand restaurant company's fact sheet says Arby's is the "largest sandwich drive-thru chain in the U.S." with more than 3,600 locations in nine global markets. FOX Business' Breck Dumas contributed to this report.

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'Farewell Hollywood' Arby's is saying goodbye after 55 years in businessAfter 55 years in business, Hollywood's iconic Arby's has permanently closed.
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