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Almost every restaurant owner I know is about to fold or taking emergency loans. From people with several franchised sandwich shops to stand alone restaurants.

Who is reporting profits are up?



I'm guessing they're confusing profit and margin. It wouldn't surprise me if margins were higher now, but I have a hard time believing overall profits are up, anywhere.

Especially when you consider a lot of restaurants make a good chunk of their profit on alcohol sales. While many are offering alcohol to go, I think most of us are picking it up from the corner store instead.


Anecdotally, the owner of one of the nearby pizza places mentioned that both profits and margins are up for her. Of course pizza places historically have a large amount of delivery already. I imagine the current crisis has driven more customers to them at the expense of places that are traditionally dine-in only.




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