I've gotta believe it will.
I've gotta believe it will.
its the slumlords type property owners who wont give them a chance during this time, they have no interst in covid19 or what it does to business and money, and they rather have it closed than let someone not pay even when closed by government rules. I knew this woman in manhattan, she kept an apartment closed in the upper east side for 3 years than give it less than 15K a month in rent. so she forwent couple hundred K in rent money income. who knows how they think. lets hope its not terrible
The one's that were already struggling could be done for.
The rooms that were thriving will survive if the owners were smart about holding on to some cash.
Either way all of the poolrooms are small business that will see some financial relief with the stimulus package about to be passed.
Another stimulus package will certainly follow.
I would contact the SBA and see what loans and grants might be available.
I would pay very careful attention to the fiscal reliefs being provided small businesses though the government packages.