Restaurant Owners Worry About Staying Afloat Amid Coronavirus Crisis


BOSTON (WBZ NewsRadio) — Restaurants, such a staple of American life before the coronavirus, are forced to ponder what life will look like 'when' we emerge. Even the most successful owners are concerned.

Ming Tsai, chef and owner of Boston’s Blue Dragon, said it’s going to be an astronomical difference. 

“More people are not going to gather in large restaurant spaces,” he said.

That’s a big problem, because most restaurants have razor thin margins in a business depending on the whims of customers.

“Keep in mind, that most restaurants are waiting for that good week, and that good week got us through," Tsai said.

Tsai said there have been no good weeks during the crisis, and there’s no wiggle room.

“Most of the chefs don’t have an extra $2 million coronavirus safety fund. That doesn’t exist, unfortunately.”

Small business loans will help, but the question will be, for how long?

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(Photo: Getty Images)