I read an article on USA Today recently that said 2 out of 5 restaurants in the US could not make rent for the month of August. The shocking part of that is this statistic included franchises (think McDonalds, Panera).
These business are getting the gauntlet. Worker shortage, their food suppliers are having shortages (think sports bars unable to get chicken wings) to even being able to get alcohol.
I went out to two restaurants on Saturday night, I was one of three tables at 8pm at one place and went to another to have a drink and I was one of two tables at 9:30. These places used to be busy even during COVID.
People staying home due to Delta variant (which is somewhat raging in my community), people unable to spend freely, people just busy doing other things? Can’t figure it out.


Running a restaurant has always been a difficult thing and I believe there is a statistic out there showing that the restaurant business has a higher failure rate than business in general, my understanding of the restaurant business is that well over 60% of all food businesses fail within 2 years of opening