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SF, Oakland, Hayward faced more than 300 permanent restaurant closures since March, study finds – SF Gate

  • FILE–  Between March 1 to July 10, Yelp found that the San Francisco, Oakland, and Hayward metropolitan area collectively had 369 restaurant closures. That number included both temporary closures and permanent closures due to the coronavirus pandemic.
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    FILE–  Between March 1 to July 10, Yelp found that the San Francisco, Oakland, and Hayward metropolitan area collectively had 369 restaurant closures. That number included both temporary closures and
    … more
    Photo: LeoPatrizi/Getty Images

FILE–  Between March 1 to July 10, Yelp found that the San Francisco, Oakland, and Hayward metropolitan area collectively had 369 restaurant closures. That number included both temporary closures and permanent closures due to the coronavirus pandemic.
less
FILE–  Between March 1 to July 10, Yelp found that the San Francisco, Oakland, and Hayward metropolitan area collectively had 369 restaurant closures. That number included both temporary closures and
… more
Photo: LeoPatrizi/Getty Images
SF, Oakland, Hayward faced more than 300 permanent restaurant closures since March, study finds
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As restaurants continue to hold on by a thread, a new report that’s looked at business closures around the U.S. since March revealed a grim picture.
Restaurants have been hit hardest with permanent closures amid the ongoing pandemic compared to any other industry, Yelp found based on an economic impact study completed between March 1 to July 10, 2020.
On the local front, the results revealed that the San Francisco Bay Area (specifically San Francisco, Oakland and Hayward) was the third highest metropolitan area for closures just behind New York City and Los Angeles. Together, the three Bay Area cities had a total of 5,048 temporary and permanent business closures, which included restaurants, retail, and other industries.
According to Yelp, the San Francisco, Oakland and Hayward metropolitan area was the third largest metropolitan area, followed by New York City and Los Angeles, with the most business closures. Data was reviewed between March 1 to July 10.
According to Yelp, the San Francisco, Oakland and Hayward…
Yelp told SFGATE that among those 5,048 business closures, SF, Oakland and Hayward amassed 369 permanent restaurant closures between March 1 to July 10.
ALSO: Bay Area bars are still closed. But this brewery found a way to reopen.
“The restaurant industry now reflects the highest total business closures, recently surpassing retail,” Yelp wrote about restaurants on the national scale. “As of July 10, there have been 26,160 total restaurant closures.”
Breaking the numbers even further, Yelp indicated that a whopping 15,770 (or 60%) of those 26,160 restaurants around the country were permanent closures.
The findings didn’t surprise Laurie Thomas, executive director of the Golden Gate Restaurant Association, who told SFGATE that the report is consistent with what she’s seeing in San Francisco.
“I think, unfortunately, none of us anticipated this long of a closure,” Thomas said. “The longer this goes on, the less likely people are going to make it.”
Thomas stressed that the process of reopening should be taken cautiously, but she knows that San Francisco restaurants are taking a financial hit as they continue to operate under a fixed model. Outdoor dining was just permitted in mid-June and it’s still unclear when San Francisco will allow indoor dining.
ALSO: San Francisco restaurants say they’re losing money by staying open for takeout
“If we can’t have indoor dining, [many restaurants] are just going to close,” Thomas said. “Once you close a restaurant, it’s really hard to reopen.”
Locals have already seen the economic strain the pandemic has had on SF restaurants in a matter of months. Most recently, Restaurant Jeanne D’Arc closed after 55 years and San Francisco institution, Louis’ Restaurant, also shuttered after 83 years. (You can see a greater list of Bay Area restaurant closures here.)
Another finding in the Yelp report was that the San Francisco, Oakland and Hayward areas had the second highest rate of business closures, just behind Honolulu. Similarly, that data point didn’t shock Thomas who said that the city of San Francisco is dependent on tourism.
Yelp found that the San Francisco, Oakland and Hayward metropolitan area had the second highest rate of business closures throughout the country. Data was reviewed between March 1 to July 10.
Yelp found that the San Francisco, Oakland and Hayward metropolitan…
“San Francisco is a big hospitality driver,” Thomas said. “Business is tied to conventions and that’s all gone. No one is traveling to downtown and it’s taken a huge economic toll.”
For Thomas, the future of restaurant livelihood lies in the hands of the federal government. Thomas said that she and a group of restaurant owners are working together to champion the Restaurant Act, a bill that would provide grants to independent restaurants if passed. The hope is that it will help keep cash in the hands of smaller businesses, Thomas shared.
See the full Yelp report here.
Susana Guerrero is an SFGATE digital reporter. Email: Susana.Guerrero@sfgate.com | Twitter: @SusyGuerrero3
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Source : https://www.sfgate.com/food/article/Bay-Area-restaurant-closures-pandemic-Yelp-report-15424372.php

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