No rent for Restaurant Owners till COVID lockdown

No rent for Restaurant Owners till COVID lockdown

The Issue

With the current economic meltdown due to COVID-19, Restaurants are bleeding and many are going to close down sooner or later. One of the main factors for any restaurant business is the RENT of their business place (generally it is over 30-35% of their monthly fixed expense) and hence it plays a major role.

Although to most of the laymen, restaurant business sound profitable, the original scenario is different - it is a very difficult business and less than 30% of new restaurants survive during normal days, specially because over 90% of restaurants are rented across India (and not owned)

The effect of COVID 19 on restaurants will result in huge impact on restaurateurs, staff and their vendors with a possibility of closing down of many restaurants & unemployment of their staffs

Hence, on behalf of over 6 lac restaurateurs, 40 lac restaurant staff, vendors, people related to food business & their families, we appeal to Govt of India & Premise Owners to consider the situation and give moratorium on the rents till the time the restaurants are back to work again.

please sign the petition and share this on your WhatsApp / Social Media to help us get more signs on the petition.

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CityShorPetition Starter
This petition had 444 supporters

The Issue

With the current economic meltdown due to COVID-19, Restaurants are bleeding and many are going to close down sooner or later. One of the main factors for any restaurant business is the RENT of their business place (generally it is over 30-35% of their monthly fixed expense) and hence it plays a major role.

Although to most of the laymen, restaurant business sound profitable, the original scenario is different - it is a very difficult business and less than 30% of new restaurants survive during normal days, specially because over 90% of restaurants are rented across India (and not owned)

The effect of COVID 19 on restaurants will result in huge impact on restaurateurs, staff and their vendors with a possibility of closing down of many restaurants & unemployment of their staffs

Hence, on behalf of over 6 lac restaurateurs, 40 lac restaurant staff, vendors, people related to food business & their families, we appeal to Govt of India & Premise Owners to consider the situation and give moratorium on the rents till the time the restaurants are back to work again.

please sign the petition and share this on your WhatsApp / Social Media to help us get more signs on the petition.

avatar of the starter
CityShorPetition Starter

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Petition created on 31 March 2020