Submitted by psychothumbs t3_10y57j1 in nyc
ECK-2188 t1_j7ynosp wrote
Reply to comment by ethanarc in NYC restaurant owners in limbo as City Council stalls on permanent outdoor dining by psychothumbs
You realize 60% of restaurants fail within their first year on average? 80% within the first 5 years.
As per businessinsider.con
This is common knowledge for anyone in the restaurant business.
Personally I don’t want businesses to fail. I hope they do well and have patrons, but this is just statistically driven data.
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