The chain’s restaurants initially closed on March 10, saying it was temporarily shuttering as a public health gesture to help flatten the coronavirus curve, and promising to reopen soon. But the restaurant was not set up for takeout or delivery, so has generated zero revenue since that date.
CEO John Haywood said today that the financial pressures wrought by closing were too much to continue. The company declined to participate in the federal Paycheck Protection Program, as the money generated it claimed wouldn’t be enough to sustain operations. 4400 people will be out of work as a result.