4 ms·
I own a small share of a bar and we closed yesterday. Definitely hurts financially before St. Patrick's Day. We're lucky that our rent is low and we're a pretty
by drpgq 7y ago
I own a small share of a bar and we closed yesterday. Definitely hurts financially before St. Patrick's Day. We're lucky that our rent is low and we're a pretty small operation with limited food service. I can imagine for places in downtowns where rent is bigger percentage of sales, that's going to be tough.
- mNovak 7y agoSBA will be distributing low-interest, long term loans, if it helps any. https://www.sba.gov/funding-programs/disaster-assistance https://www.sba.gov/funding-programs/disaster-assistance
- Ensorceled 7y agoRestaurants typically run at 3-5% margins, how low are these interest rates?
- vxNsr 7y agoapparently 3.75%