The Cheesecake Factory Tells Its Landlords the Restaurant Won't Be Paying Rent in April

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The restaurant chain has 294 locations across the U.S.

The Cheesecake Factory has alerted its landlords across the country that the restaurant will be unable to make rent for the month of April due to a lack of business amid the ongoing novel coronavirus pandemic.

The restaurant chain’s founder and CEO, David Overton, sent a letter to landlords last week asking for “patience” and “help,” according to a copy of the letter obtained by Eater. Overton added that the Cheesecake factory is following the Centers for Disease Control’s “guidance,” as well as that of local health departments.

According to Eater’s report, the restaurant has temporarily closed 27 of its locations, and announced on March 23 that it would be stalling the opening of new restaurants.

 

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The Cheesecake Factory you have to pay, landlord has nothing to do with this disaster,

join the rest of us, but on a side note, you didnt have ONE month rent in your bank?

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