Saturday, June 27, 2020

Example of Corona on Business

I often essay on downward trends of business involving the Coronavirus here in Germany.  An example came up this week from HR (my local Hessen public TV network).

HR did a whole story on the disco scene in Frankfurt, and talked about the woes of business now.

This one basement club in the Sachsenhausen area of Frankfurt had been shut down for weeks because of the virus bans.  The 14th of March was the last night that they had 'real' business. 

Even with a 9k Euro grant from the government.....they were now at their final days.  The manager figured they could slide by June and maybe July....but that would be it....closure would probably come.  They'd used every penny of spare change to keep paying bills/rent.

As they did the interviews....around the Frankfurt area, it's figured around thirty disco clubs or pubs are in the same situation.

When the ban would end, and openings to occur?  The Hessen government has no idea. 

The problem here....even if these collapse and close...the owner of the building is stuck with a empty structure and no hope for 2020 that another renter might come along.

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