The Amsterdam catering magnate Won Yip certainly does not look bright for many catering establishments. He predicts that there will be ‘huge’ bankruptcies. “People haven’t quite figured it out yet, but it’s going horribly bad.”
–
Yip says that in it Financieele Dagblad. “Entrepreneurs stack debt on debt and they actually have no future.” He also says: ‘I will survive the crisis, but what perspective do things of eighty square meters without a terrace? I think it will take at least a year before certain things are somewhat full again. “
Yip regularly talks with entrepreneurs, with the municipality and with real estate companies. He says eight out of ten entrepreneurs he speaks with are technically bankrupt. No chance.
Buy up
He advocates realism among landlords of the buildings, the government and entrepreneurs themselves. Then, according to him, correct measures can be taken. “The government could buy companies, like the farmers. But real estate landlords and banks also need to take action. “
He also mentions the possibility of turnover-dependent rent. “Doing nothing is not an option. Otherwise we will not be talking about nine streets in Amsterdam, but about the empty streets. ‘
–
