Restaurants that manage to hold on through the end of the year still won’t be out of the woods: There’s still the question of how they’ll sustain operations into 2021. In San Leandro, California, Noodles Pho Me is one of very few Bay Area restaurants serving Lao-style pho, and was on theearlier this month when its owners negotiated a deal with the landlord. The lowering of rent will allow the restaurant to remain open through the end of the year.
At B&H Dairy, one of New York’s last kosher lunch counters, a sign in the window welcomes customers. But on August 19, aon the restaurant’s Instagram account warned that the struggle is far from over for the diner, which has been in business since 1938. “Anyone who is under the impression that because a restaurant [is] ‘open,’ all is ‘back to normal,’ is not grasping the reality of the pandemic and its consequences,” the post reads.
“Restaurants don’t typically maintain enough cash flow to get through a week of closure, never mind half a year,” says Lana Porcello, co-owner of the restaurant Outerlands in San Francisco. “Many of us carry a fair amount of debt as part of our long-range model. It’s the nature of our industry, and hopefully one that will change now that so many of its fractures have been revealed through this experience.
Your local state and city governments are responsible, not the Feds. Stop lying Eater.
702Sunshine It's called Capitalism. There are risks when you own a private business.
Creative marketing, cost cutting, maintaining balanced books along the way, the foresight to invest in a rainy-day fund, switching from brick-and-mortar to food cart, business closures with the intentions of reopening in a better market... ?
eaterpdx Trump is happy with Big Macs. Why do we need anything else?
cc: senatemajldr hey Mitch, let me guess ... boot straps or something?
Yes.
eaterpdx Pretty much
Seems so. They’re watching fires and hurricanes devastate communities annually. 😓