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Re:The state of the restaurant industry by standardUser on Tuesday March 17, 2020 @01:42PM (#22607685)
How exactly has the industry been "suffering terribly"? In places I frequent (SF Bay Area, NYC) I see hundreds of long-term restaurants persisting, plus a constant stream of brand new places, all in the face of increasing minimum wages and other employer mandates/regulations. I'd also argue that the quality of both food and service have never been better. I'm not saying you're wrong (I have no clue), but it feels to me like I've been living in a golden age of eating out (expensive though it may be).
Re:The state of the restaurant industry by lemax on Tuesday March 17, 2020 @02:06PM (#22608038)
Expensive as they may be, restaurants have terrible margins. James Beard nominated, objectively successful places with >$1M gross are netting the annual income of someone who washes dishes [1]. They are operating on a fine line and I would imagine most of these places do not have the cash to weather through even a minor hitch in business.

https://www.eater.com/2020/3/9/21166993/how-much-to-run-a-re...