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The fast food burger chain In-N-Out is a California staple, but its only Oakland location announced Sunday it would have to shutter amid rampant crime. The Oakport Street location, which is highly profitable, will close its doors on March 24, according to an announcement made by the company CEO. "We have made the decision to close our In-N-Out Burger location in Oakland, California, due to ongoing issues with crime," Denny Warnick, the chief operating officer at In-N-Out, said in a statement. "Despite taking repeated steps to create safer conditions, our Customers and Associates are regularly victimized by car break-ins, property damage, theft, and armed robberies....Ted Jenkin, CEO of oXYGen Financial, said the closure of the In-N-Out location should signal to the city of Oakland that there is a serious crime problem that needs to be addressed. "You can’t have a police car at every business 24/7," Jenkin told FOX Business. "The only way more great businesses like this won’t close is that those people perpetrating the crimes realize there will be harsh outcomes for break-ins, property damage, theft, and especially armed robberies."