This lockdown has been particularly brutal for restaurants as pandemic-wary consumers have been very careful with their expenditure, resulting in paltry delivery and takeaway sales for many eateries. Even for more established restaurants, sales have been poor at best. Many eateries are getting by on delivery and takeaway sales that are between 10% to 30% of regular revenue. "If you normally break even at RM40,000 for example, you will need to make at least RM55,000 to break even using food delivery platforms, because of the commission taken," explains Chin. This recipe for disaster has resulted in many restaurant owners opting to just call it a day.
Source: The Star June 27, 2021 07:41 UTC