Submitted by AdministrativeCost2 t3_zr4ds8 in StamfordCT
ninjacereal t1_j13y7sb wrote
Reply to comment by halfwayhipster2 in Taco Daddy Permanently Closed? by AdministrativeCost2
Didn't they close a restaurant and replace it with a different concept a couple months ago, which also closed? Why would you change concepts if you were doing well? Why would you open a new concept if the lease terms were so bad?
My guess is they used their $225k PPP loan to expand by opening a second restaurant concept, which failed. They tried to change that second restaurant concept earlier this year, but by then it was too little too late - the free money was gone.
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