With reduced revenue from the majority of his businesses for so long — he’s still got some cookbook and television income — McEwan Enterprises Inc. says it will now be out of cash by the end of October, according to court records.to the umbrella company for Bymark, three Fabbrica locations, Diwan, One Restaurant as well as the food retail operations at the Shoppes at Don Mills, Yonge & Bloor and TD Centre.
The province’s lockdown just exacerbated an already challenging situation for McEwan, who already had several underperforming units before the pandemic hit. This summer, he pushed for a change to the restrictions so that patrons could dine indoors during inclement weather. Doug Ford needs to understand that restaurants need indoor dining to supplement for rain bursts which are happening daily. Set up rain bust !set up rain bust! You have been wildly unfair to restaurants, this lockdown needs to end.
Masks didnt kill his business...over priced bad food did. Time for him to pay his debts, pack his knives, and go
Mark McEwan just got…chopped 😆
Never heard of the guy. Mb he can cook at a soup kitchen. There appears to be a never ending line of diners there.
If he’s worth $18 million, then take the $10 million from him.
Somehow I can’t feel sorry for a guy whose net worth is somewhere north of $18 million and is paying the price for expanding his restaurant empire too quickly. It’s called bad financial decisions, but like a true con it’s someone else’s fault.
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Source: VancouverSun - 🏆 49. / 61 Read more »
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