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The way you said it, it seems like small businesses are being screwed over by real estate companies. That's a different cause than people not going to the offic
by fxtentacle 6y ago
The way you said it, it seems like small businesses are being screwed over by real estate companies. That's a different cause than people not going to the office.
- bobthepanda 6y agoReally any restaurant model based on high, peaky lunch traffic is just going to get hosed. So I would imagine that in the worst case scenario, some food models, like the lunch truck, the NYC hot dog cart or the NYC deli, are going to have some severe issues generating enough cash even just to play their employees, since they are low-margin, high-volume businesses. At current volumes they will never make enough money to cover even non-rent costs at <$5 a sandwich.