Easy Restaurants close amid pandemic pressures
The Easy Wine and Easy Beer restaurant franchise has fallen victim to the pressures of the global pandemic.
This promising franchise system was attracting hoards of new investors across Europe after developing a successful business model which saw beer and wine lovers enjoying a totally new experience sampling beverages – all while eating Easy’s signature dishes.
As it stands, the companies’ franchises in locations such as Lativa, Hungary, Poland, Czech Republic and Georgia have joined thousands of businesses across Europe and the world who have closed amidst strict government regulations during the CV-19 pandemic.
Only one Easy Beer franchise is left out of the system which is left operating in Slovenia, mainly by a delivery-based structure.
Easy Restaurant franchise developer, Juris Roganovs, believes the Easy Restaurant business is finished and is unlikely to restart.
“It was an exciting concept to develop, but now I’m doing similar products for different clients without the franchise,” Juris said.
According to Roganovs, there are several contributing factors which led to the demise of the franchise.
Firstly, “restaurants were located in touristic areas where life came to a halt after lockdowns,” he said.
“Lockdown happened right after the months with the lowest profitability each year in these hotspots (Jan/Feb) so there were not enough reserves for businesses to pay rent and debts to suppliers.”
Furthermore, “owners of the premises were not interested in negotiating rent,” leaving small businesses owners in a tough place financially to survive the storm, claimed Roganovs.
Juris also suggested government support has been insufficient for many businesses to survive during the lockdown periods of the pandemic.
Featured franchises
No featured franchises
Other concepts from sector food and beverage
Breaking news
Show all
An international optical franchise network
Alain Afflelou operates an international optical franchise network offering vision and hearing care through standardized retail locations.
Unlocking human potential through neurofeedback
Operating in more than 20 countries worldwide, Verbatoria is a global network of centers specializing in neurometric testing and the...
The business of New Year’s Eve fireworks
New Year’s Eve is peak season for fireworks worldwide. Seasonal franchise models show how a short sales window can deliver impressive returns.
A European Christmas ornament franchise
Käthe Wohlfahrt combines handcrafted Christmas ornaments with a franchise-like retail model, turning tradition into an international business.