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How has the Coronavirus affected fast food restaurants

How has the #coronavirus affected fast food #restaurants? Are employees treated different and are there any #precautions within the restaurant for example #social-distancing, are you still told to be 6 feet apart and do fast food restaurants still receive nearly the same income before the outbreak?

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Jonathan’s Answer

Jesse, No, the ff industry is down quite a lot , sales wise. Obviously, Some doing better than others. Anecdotally I've heard 20% to 80%. Breakfast is way off, due to huge reduction of commuters. Social distancing, safer at home = huge reduction in customers. Don't be surprised when you see pricing for your favorite FF burger go up, they need to do that to survive. Commodities, COGs are going to rise, putting the squeeze on Margin with the reduction in sales.
Employees have been laid off, just like every other industry. And the ones left are exposed to infection. Still making poor wages with little too, no benefits..
Reopening dining rooms with greater distance between tables is a laughable solution. . That is just going to make it harder to get the through-put you need to make margins. Most FF places have their tables bolted to the floor. If I was you, I'd be shorting YUM, McD, Jack, Wendy,'s, Panera, Chipotle stock. Probably already missed the main dip. Maybe not Chick File, or Popeyes. It's going to be a Bearish market. Or maybe its the best time to buy it? depends on your perspective, I am just expressing my opinion and should in no way be construed as "advice" to be acted upon.

Good luck!
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Camellia’s Answer

Hello Jesse, I don't know too much on the subject, however I can share my perspective. I was recently listening to a podcast called "The Daily" and in one of the episodes a New York woman was describing how she had been laid off from her fast food job as a result of them closing the dining portion of the restaurant (i.e. they were only serving food through the drive-through). This woman was living out of her car trying to find another job. I went to Chick-fil-a recently and could see that only the drive-through was open and that they had cut their hours back. Many business are closing earlier (at 7pm) - which I would imagine is also cutting employee hours. The employee managing the customer interaction was wearing gloves and a mask however, no other employee seemed to protecting themselves, and I was handed my food on a tray. I think like every other business fast food restaurants' income has definitely dropped, in that I think there is a lot of people just not sure about about whether eating out is a good idea. Also, companies in general need to be able to keep cash on hand and thus have to eliminate expenses and usually laying off employees, and cutting their hours is a good place to start. There is also talk of states lifting there restrictions soon but I would imagine as restaurants start opening up their dining areas again it would probably be under the conditions that all customers will have to sit 6 feet apart - limiting the amount of customers served and the amount of money made.
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Christopher (Chris)’s Answer

All food service has been greatly affected. I would think that fast food has been the least affected.
Remember fast food has drive thru. This means that customers can still safely revive food thru this.
A sit down restaurant has to practice social distance. So if you restaurant seats 100, you now only seat 25. This means less sales at all times.
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