Restaurants closed due to coronavirus face huge restart costs

[Dogmaphobe]

For those of you who continue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

This is sad. A lot of businesses we knew will not be back, and their employees may have a hard time finding work after this is over.

I will always believe this was a major overreaction and a very costly mistake.

Tell that to the one's who are infected, and to those who have lost loved one's. And those like you who thought the same thing you do, who either got sick or lost loved one's, no longer feel the need to believe what you continue to believe.

well, that;s one vote for making homeless people out of those tens of millions of productive Americans not living with him in his Mom's basement, anyway. .

 

[OnePercenter]

For those of you who continue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

Damn.. I worried about my job now lol .. I just hope a miracle happens and they find a cure for this thing or I’ll be starting a go fund me page ha

If your employer took the necessary means to protect his/her business you won't have a problem. If you're working for an idiot, good luck.

You know nothing about running a business

You don't know about business interruption insurance? Any and all businesses that had a policy before asswipePINO fucked up will still be in business after the shutdown. Most will double-dip. CHING!!!!!!

 

[CarlinAnnArbor]

For those of you who continue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

This is sad. A lot of businesses we knew will not be back, and their employees may have a hard time finding work after this is over.

I will always believe this was a major overreaction and a very costly mistake.

Tell that to the one's who are infected, and to those who have lost loved one's. And those like you who thought the same thing you do, who either got sick or lost loved one's, no longer feel the need to believe what you continue to believe.

Then nobody should ever leave the house again! Good Allah why has THIS virus got you tards worked up above all others? You are so easily manipulated by the MSM and you DEMAND we feed into your hysteria.

Ain't gonna do it!

 

[Fort Fun Indiana]

What most small businesses do not have is a disaster business continuity plan. Those of us in the financial sector have worried for a long time that small businesses don't invest enough and insure enough to make it through even a one month interruption. Retstaurants, especially. And, for sure, these underprepared, underinsured businesses would have experienced interruption even without the distancing measures, in a pandemic. ESPECIALLY without them.

 

[OnePercenter]

Makes me wonder what will happen to Chic-Fil-A, a fast chicken food chain that was handing out upstarts for basically free, requiring new franchisees to hit the road running to outrun impending debt. This trend of quick open fast food deployments started a few years ago and my estimate is that it would take most of them at least 2 years to break even, otherwise they would face multimillion dollar debts. Theres going to be some big permanent closures on the lower end and fast food end. Ma and pa shops are going to face some debt as they restock and take a cut in customer flow but its these cheap chain upstarts that are going to get hit the hardest. Looks like the winner here was construction when they put up all those new restaurants at record speed post 2010.

Chick-Fil-A isn't a franchise. A "franchisee" pay's $10K for a job, and only after meeting the companies religious based requirements. Unless you are a gaming casino in Vegas, then you can do whatever you want.

 

[OnePercenter]

For those of you who continue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

How is being dead worse than the cure? I thought the Right was all about pro-life? Lol! That's been the joke of the late twentieth and twenty first century.

Thanks to trump we have some great medication to combat it, and we can get tested regularly with the new abbot machine .

Except it's cardio toxic.

 

[EvilCat Breath]

Many restaurants didn't close. Some of course kept delivery and take out going. Some are selling off inventory. Some near me are selling bread, lunchmeat, chicken, beef, hamburger and vegetables. Anything they use in the restaurant. Including paper towels, disinfectant, toilet paper. Anything. They keep their stock fresh and are ready to open.

The state hurriedly passed a law that prohibits such sales without a grocery permit.

These restaurants are still doing business.

Which State was that?

California.

Democrats made it possible.

Here’s what restaurants can, and can’t do, to sell groceries in Los Angeles

These new policies makes it easier for customers to buy pantry items while keeping restaurants in business

la.eater.com

I'm not in Los Angeles and democrats are the enemy working hand in glove with the Chinese.

 

[OnePercenter]

For those of you who coWhyntinue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

Why so much? They have freezers for the meat/fish? Or is everything they serve fresh? I've never heard of them, so I don't know.

NO. Paying a grand a month or often much more more for commercial rate electric and gas to keep the shit running isn't worth it; on an indefinite timeline.
Ditch everything for chump change and do a complete restock....WHENEVER $$$.. with no idea about volume of clientele.--- $ or ?
Bankrupt folks wont be going out for a LONG time after (if there is an after) and world tourism will be nil other than 4 seasons -Hilton and shit like that.

I hadn't thought about the coming recession/depression. Yes, eating out is a "splurge," especially for a family. I spend a $10 in the morning for breakfast and feel kinda guilty. So you've got a point there.

Damn!!! $10...

They may make eating out tax deductible to get the economy going

A 1:1 tax credit would be good. But you'll NEVER get Republicans to do anything nice for the poor with credit.

 

[JOSweetHeart]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Exactly. Once places are open again, how many people will have the money for the mall and restaurants when so many have not been able to work? Any money that they have will have to go towards bills first and foremost.

God bless you and them always!!!

Holly

 

[OnePercenter]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Beef, pork, chicken, vegetables, you have two hundred menu items. Advertise! We're open! Reservation recommended for the rush! Locals receive priority reservations! We still deliver to the curb for your convenience. It ain't rocket science......Sysco offers ETD delivery.

So now fuck face you own restaurant's?

I've angel invested five. You?

 

[Wyatt earp]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Beef, pork, chicken, vegetables, you have two hundred menu items. Advertise! We're open! Reservation recommended for the rush! Locals receive priority reservations! We still deliver to the curb for your convenience. It ain't rocket science......Sysco offers ETD delivery.

So now fuck face you own restaurant's?

I've angel invested five. You?

Once again I never heard of a millionaire talk pathetic grammar like you.

And I am the king of it

 

[BWK]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

If they aren't sure people will come, chances are they won't open. And why would they not be sure whether they will come? Other than social distancing and self quarantine, people won't know who is infected or not, because some never show signs, and very few Americans have been tested. I suspect the restaurants have already figured this out for themselves, what their clients figured out a long time ago. Meaning, I'm not setting foot in a restaurant until this thing passes.

I think by May, new cases will be very few and we willl have meds to combat this thing. They will push forward drugs being tested rather quickly.. I actually served the Utah Jazz player that shut down the nba, I didn’t catch anything. But we have to go back to work

Yea, I hope you're right. I've been quarantined for three weeks and I am not enjoying it. I have been an outdoor person all my life, and this is not my style.

 

[OnePercenter]

Many restaurants didn't close. Some of course kept delivery and take out going. Some are selling off inventory. Some near me are selling bread, lunchmeat, chicken, beef, hamburger and vegetables. Anything they use in the restaurant. Including paper towels, disinfectant, toilet paper. Anything. They keep their stock fresh and are ready to open.

The state hurriedly passed a law that prohibits such sales without a grocery permit.

These restaurants are still doing business.

Which State was that?

California.

Democrats made it possible.

Here’s what restaurants can, and can’t do, to sell groceries in Los Angeles

These new policies makes it easier for customers to buy pantry items while keeping restaurants in business

la.eater.com

I'm not in Los Angeles and democrats are the enemy working hand in glove with the Chinese.

Which county in California do you live so I can prove you are a liar?

 

[AzogtheDefiler]

For those of you who coWhyntinue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

Why so much? They have freezers for the meat/fish? Or is everything they serve fresh? I've never heard of them, so I don't know.

NO. Paying a grand a month or often much more more for commercial rate electric and gas to keep the shit running isn't worth it; on an indefinite timeline.
Ditch everything for chump change and do a complete restock....WHENEVER $$$.. with no idea about volume of clientele.--- $ or ?
Bankrupt folks wont be going out for a LONG time after (if there is an after) and world tourism will be nil other than 4 seasons -Hilton and shit like that.

I hadn't thought about the coming recession/depression. Yes, eating out is a "splurge," especially for a family. I spend a $10 in the morning for breakfast and feel kinda guilty. So you've got a point there.

Damn!!! $10...

They may make eating out tax deductible to get the economy going

A 1:1 tax credit would be good. But you'll NEVER get Republicans to do anything nice for the poor with credit.

You ll never provide an unbiased opinion.

 

[EvilCat Breath]

Many restaurants didn't close. Some of course kept delivery and take out going. Some are selling off inventory. Some near me are selling bread, lunchmeat, chicken, beef, hamburger and vegetables. Anything they use in the restaurant. Including paper towels, disinfectant, toilet paper. Anything. They keep their stock fresh and are ready to open.

The state hurriedly passed a law that prohibits such sales without a grocery permit.

These restaurants are still doing business.

Which State was that?

California.

Democrats made it possible.

Here’s what restaurants can, and can’t do, to sell groceries in Los Angeles

These new policies makes it easier for customers to buy pantry items while keeping restaurants in business

la.eater.com

I'm not in Los Angeles and democrats are the enemy working hand in glove with the Chinese.

Which county in California do you live so I can prove you are a liar?

Once you proved to be an enemy Democrat you lost my interest.

Gads but I despise democrats. They are just loathsome.

 

[AzogtheDefiler]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

If they aren't sure people will come, chances are they won't open. And why would they not be sure whether they will come? Other than social distancing and self quarantine, people won't know who is infected or not, because some never show signs, and very few Americans have been tested. I suspect the restaurants have already figured this out for themselves, what their clients figured out a long time ago. Meaning, I'm not setting foot in a restaurant until this thing passes.

I think by May, new cases will be very few and we willl have meds to combat this thing. They will push forward drugs being tested rather quickly.. I actually served the Utah Jazz player that shut down the nba, I didn’t catch anything. But we have to go back to work

Yea, I hope you're right. I've been quarantined for three weeks and I am not enjoying it. I have been an outdoor person all my life, and this is not my style.

“China did everything right” —-BWK

Quarantined in China. LOL

 

[OnePercenter]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Beef, pork, chicken, vegetables, you have two hundred menu items. Advertise! We're open! Reservation recommended for the rush! Locals receive priority reservations! We still deliver to the curb for your convenience. It ain't rocket science......Sysco offers ETD delivery.

So now fuck face you own restaurant's?

I've angel invested five. You?

Once again I never heard of a millionaire talk pathetic grammar like you.

And I am the king of it

Once again I never heard of a millionaire talk pathetic grammar like you.

When have you ever heard me "talk?"

 

[Wyatt earp]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Beef, pork, chicken, vegetables, you have two hundred menu items. Advertise! We're open! Reservation recommended for the rush! Locals receive priority reservations! We still deliver to the curb for your convenience. It ain't rocket science......Sysco offers ETD delivery.

So now fuck face you own restaurant's?

I've angel invested five. You?

Once again I never heard of a millionaire talk pathetic grammar like you.

And I am the king of it

Once again I never heard of a millionaire talk pathetic grammar like you.

When have you ever heard me "talk?"

Deflection is just boring to me.

 

[Sun Devil 92]

For those of you who coWhyntinue to think we need an indefinite shut down for this virus and that the economy will somehow just automatically come roaring back, a lot of small businesses out there will never reopen. A lot of people will be staring down unemployment for a long time to come. The cure continues to be worse than the disease.

"Each restaurant to reopen from a standstill of 30 or 60 or 90 days is going to take tens and tens of thousands of dollars or more, well over $100,000 to open, and we're going to require a significant amount of capital to get back up and running at some point," Cameron Mitchell Restaurants founder and CEO Cameron Mitchell told FOX Business' Cheryl Casone on Monday.

Restaurants closed due to coronavirus face huge restart costs: Industry expert

Cameron Mitchell Restaurants founder and CEO Cameron Mitchell says it will take "well over $100,000" to reopen some of his restaurants

www.foxbusiness.com

Why so much? They have freezers for the meat/fish? Or is everything they serve fresh? I've never heard of them, so I don't know.

If you don't understand business, then maybe you shouldn't be stumping for a complete shutdown of our economy so we can temporarily delay the passing of people who are already headed to the cemetary anyway.

This is going to hurt the living....big time.

I'll be yelling and screaming at people who advocated this for a long long time.

 

[Sun Devil 92]

Restaurants are going to have to buy a shit load of food to reopen and not knowing if people will
Come out is scary

Beef, pork, chicken, vegetables, you have two hundred menu items. Advertise! We're open! Reservation recommended for the rush! Locals receive priority reservations! We still deliver to the curb for your convenience. It ain't rocket science......Sysco offers ETD delivery.

So now fuck face you own restaurant's?

I've angel invested five. You?

Once again I never heard of a millionaire talk pathetic grammar like you.

And I am the king of it

Once again I never heard of a millionaire talk pathetic grammar like you.

When have you ever heard me "talk?"

When you type out your ass.