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Reply to "Went to Five Guys and guess what I paid (inflation)"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Stop eating at Five Guys! These places are sitting on a mountain of debt from the pandemic. They have to raise prices. Prices will not go down as long as people keep paying. Eventually, the places with too much debt will go out of business and new franchises/restaurants without debt will open. The new ones will be able to lower prices and attract customers away from the higher priced places. [/quote] Every restaurant from casual to Michelin star is sitting on a mountain of debt thanks to the pandemic. You want every restaurant that employs 15 million individuals in the U.S. to go out of business all at once? Do you realize the ramifications that has on the economy, on retail, on communities, on the workforce? Do you have any idea how much money it takes in capital to start up new restaurants? How much cash on hand you have to have to even get a license or a franchise contract? You're a fool.[/quote] I also think they are totally clueless about what is driving inflation in restaurants.[/quote]
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