RESTAURANTS

 

RESTAURANTS

Restaurant and fast-food operators are confronting an extremely challenging environment. Many are struggling to survive. According to Datassential, more than 10% of restaurants in operation at the outset of the COVID-19 pandemic have closed. COVID and non-COVID issues affecting the industry today may force long-term changes. Getzler Henrich can help address:

•Historically low customer traffic
•Increasing share of lower margin take-out/delivery business
•Burdensome leases and difficult landlord negotiations
•Increasing labor costs
•Costly/burdensome regulations and protocols
•Pressure to innovate and differentiate to stay competitive
•Increasing consumer demands for value
•Covenant breaches and lender negotiations

 

 

 

 

 

Case Study

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