restaurant-owners-renegotiate-rent 
Restaurant Engine
JULY 3, 2020
Restaurant owners who have survived four months of a pandemic have earned their seat at the negotiation table. workers , restaurants have foregone $120 billion in revenue this year—a loss that is likely to double in the next six months as COVID-19 continues. restaurants had permanently closed. By March, 3% of U.S.
Modern Restaurant Management
NOVEMBER 11, 2020
Owning and operating a restaurant is difficult under the best circumstances. So, what do we consider owning and operating a restaurant impacted by COVID-19? As general counsel to over a dozen restaurants in the San Francisco Bay Area and Orange County, I have seen a lot of changes since the first shutdown orders came out in March.
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Modern Restaurant Management
JUNE 2, 2021
It’s an understatement to say the pandemic hit the Quick Service Restaurants (QSR) hard. For some, restaurants parking lots became outdoor dining experiences, and for others, curbside pickup became the financial lifeblood. The restaurant industry has been hit disproportionately hard by the COVID-19 pandemic.
Restaurant Engine
MAY 26, 2020
There is a silver lining to the current crisis for restaurant owners. After an uninterrupted decade of rising costs and competition, COVID-19 has granted restaurant owners renewed power at the negotiation table. The first item that most restaurant owners are renegotiating is rent.
Restaurant Engine
JULY 17, 2020
For restaurant owners, however, the situation is creating an unprecedented opportunity to renegotiate rent. For any restaurateurs who have not renegotiated with their landlords, the time to do so is now. The tenant in this case was Hitz Restaurant Group, operator of several bars and restaurants in Chicago.
Modern Restaurant Management
JULY 31, 2020
Anyone who has worked the back of the house at a popular restaurant knows how chaotic the kitchen can feel during a restaurant “rush” hour—knives, spoons, and spatulas being swung around, glassware flying, line cooks and sous chefs furiously plating food and sending it out. A Little History.
Modern Restaurant Management
JULY 7, 2020
In February 2020, the National Restaurant Association announced projections that restaurant industry sales would reach $899 billion this year, experiencing four-percent growth “mirroring general economic conditions.” The COVID-19 pandemic has caused restaurant sales to plummet. ” That seems like a lifetime ago.
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