Independent restaurant operators continue to manage a confluence of challenges, but January’s rent picture provided a thin silver lining relative to previous months.
According to new data from Alignable, 38% of small restaurants were delinquent on rent in January, versus 52% in December. January’s data was also more favorable than November’s (42%) and October (49%). Typically, December is a strong month for independent restaurant sales as more people are out and about shopping and celebrating. This may have created healthier cash flows for January's bills.
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