The article was a good read, a charming story, but they never did elaborate exactly why this eatery is closing.
I’ll just assume the manager was ready to let go of the struggles just to stay open.
Yeah. Sometimes Atlas shrugs. Sometimes he just retires.
The baby boomers are hitting retirement age—and if they can afford it they retire—in some cases they can make it work by lowering their standard of living.
Decisions are made based on many factors—but the combined high state and federal income tax rates on working people and business owners do have an impact in states like California.
He said he was glad to be getting out.
As for me I still remember the pancake stacks at “Sambo’s” Restaurants in the mid 70’s. The P.C’s took them out before P.C. It was California based also.
I got that sense too. He seemed tired. Don’t blame him.
I am guessing he put some feelers out for someone to buy the business and didn't get offers he liked. He is at the age were his longtime customers are dying off or don't want to make visits because of Covid fears. If he actually owns the land and building the business is located on, that is a good part of his retirement package...