Bo ught out by private equity before failing? Sounds like they’re being shorted

Hooters has fallen.

i know they would shut our ass down and regulate it out of existence on day 2 but would be cool to buy an out of business restaurant

and just make it a community cafeteria. have rotating guest chefs. minimal operating fees just to keep the lights on. just a place to get a meal and socialize if you want

@LeylaLove@hexbear.net can be first chef this is her idea

being waited on blows. gimme a cafeteria, a deli, a buffet, or a takeout place anyday. I’m not a little dainty lordling playing aristocrat for treat time.

I’ll fill my own drinks, get my own silverware, bus my own table, and generally clean up after myself.

hell my favorite place in town does takeout only and only offers 3 choices a week and is only open for lunch. they absolutely crush everybody else by offering the best deal with the best food and the highest quality ingredients. you walk up to a hole in a door and get your food through it.

they also have the benefit of not being purchased by private equity speculators now trying to squeeze their balls to cover the juice on the action.

Another issue is that many of these restaurants are now owned by private-equity groups that borrowed a lot of money for their acquisitions and are not seeing the cash flow they needed to come out even. TGI Fridays, Red Lobster, Hooters of America, and P.F. Chang’s were all purchased by private-equity groups in the last decade. TGI Fridays has 58% fewer restaurants than it did in 2019, and Hooters had 23% fewer, according to data from industry research firm Technomic.

“Wait, it’s the fault of greedy capitalists bleeding companies dry for short-term profits?”

“Always has been”