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There is a new warning about restaurants as some business owners raise concerns.
The New York State Restaurant Association says nearly 90% of them are unlikely to be profitable over the next six months.
The association surveyed more than 625 restaurant operators across the state in the first week of August. The majority of owners said it will be very or somewhat unlikely that their establishments will be profitable without a government relief package aimed at restaurants.
“Our members have been courageously working and innovating to be successful in this changing landscape," Melissa Fleischut, president and CEO of NYSRA, said. "We are forever grateful to the loyal New Yorkers who have supported their neighborhood and favorite restaurants, without whom this modest success would not be possible. Now we are urging the federal government and the New York State Legislature to show their support for this industry which plays such a vital role in our state’s economy."
Here's a breakdown of other significant findings from the survey:
• 93.6% of New York restaurant operators saw lower sales volume from April throuhg July of 2020, with many reporting a decrease in sales of 70% or greater.
• 74.2% of New York restaurant operators have no plans of hiring additional employees in the next 30 days.
• 18.6% of restaurants remain closed, either temporarily or permanently.
Additionally, more than 90% also said they had to furlough or lay off employees during the pandemic.