Quote:
Originally Posted by CoachKandSportsguy
Study: 49% of small restaurant businesses couldn’t pay October rent | Nation's Restaurant News
And before you think that because the restaurants you go to are full, that doesn't mean that there is enough gross profit after the increases in COGS (cost of goods sold) and labor increases to pay ALL the rent.
So yes, its a tough industry right now, and there will be times when there is crappy meals and crappy service based on the price of the meal.
Will the landlord throw them out? doubtful, as 1/2 rent is better than no rent, and with 1/2 the restaurants in the same position. . . . but then again, there are greedy SOBs landlords out there.
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To all the winey Villagers who grab any chance to jump on here and spread the news far and wide when their sandwich was crumpled or an eye roll has occured from staff, that the entire restaurant should be shuned and cancelled. Then they are the first to complain there is no variety or "good" places to go.. In my 3+ years here I've seen and heard it all...With all the things happening in our world they still feel the need to get up and relive their experience to all like we are waiting with baited breath daily to hear. Now I insert my eye roll...