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Even with pandemic limitations in place, preliminary gross sales had been robust. When the second wave of the virus landed, new restrictions got here into drive in November and December and gross sales plunged.
As a brand new enterprise, the IHOP outlet isn’t in a position to entry many federal help applications, that are based mostly on the earlier yr’s gross sales.
In the meantime, the fastened working prices for the enterprise are simply that.
His hire is $27,500 a month, together with property taxes. Utility bills are about $4,000 a month.
Though the restaurant is conducting some takeout and supply gross sales, it’s not almost sufficient.
Up to now in January, the restaurant’s gross sales are $23,000.
The loss this month: $51,000.
“We don’t wish to be closed and we don’t need the subsidy. We wish to be on the market working,” Sikking stated, noting the enterprise will obey all public well being guidelines.
“We all know this yr is a writeoff for us, however we wish to be in enterprise when that is over.”
As his firm has 10 areas throughout Western Canada, Sikking is best positioned to outlive the hardship than some smaller eating places which have opened in current days.
However he understands their nervousness.
“For our trade, if (the province) needs us closed, they need to cowl our bills,” he stated.
“Lots of people, for no cause of their very own or their fault, have misplaced some huge cash. And it’s not simply the house owners . . . it’s their staff.”
In December, 103,000 Albertans labored within the lodging and meals companies trade. That determine has dropped by greater than 50,000 in the course of the previous yr.