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CoachMarc

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CoachMarc

Re: None

Tuesday, 05/19/2020 11:02:46 AM

Tuesday, May 19, 2020 11:02:46 AM

Post# of 346648
The massacre has started. Here is the latest victim:

https://www.restaurantbusinessonline.com/operations/33-year-old-specialtys-bakery-cafe-chain-clos

And you guys think that Snakes will fare any better? Specialty's balance sheet was awesome prior to Covid-19. Their cafes were packed and extremely popular for 33 years, and yet.

Some of the best and most established cafes and restaurant chains, as well as independents, are in very serious troiuble and closing. Many are collecting the Feds money, are not paying their employees or rent, and are still closing.

Just like CNAB, FUNN might just vanish overnight, with no warning, and that will not be a surprise.
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Volume:
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  • 1M
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  • 6M
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