One of Hollywood’s most iconic restaurants has closed permanently.
The Arby’s roast beef franchise closed Saturday after an impressive 55 years in business, KTLA reports .
The restaurant is the latest victim of Biden economics and Governor Newsom’s $20 minimum wage law.
Marilyn Leviton, 91, the franchise’s sole owner since it opened in 1969, cited a series of devastating economic factors that led to the store’s closing. Among them, California’s recent legislation to raise the minimum wage for fast-food restaurant workers to an unsustainable $20 per hour proved to be too burdensome.
In September, California Governor Gavin Newsom (D) signed a law raising the minimum wage for fast food workers to $20 an hour.
“Eighty percent of the workforce in these fast-food restaurants — 80% people of color, two-thirds — are women, and the majority of them are breadwinners, and we have an opportunity to reward that contribution, to reward that sacrifice, to stabilize What an amazing moment for an industry,” Newsom said during the bill signing in September.
Leviton told KTLA 5 News that the franchise has been teetering on the edge of closing for years due to Fauci’s lockdown, almost forcing it to close if not for federal loans that temporarily kept the business afloat.
Gary Husch, Leviton’s son-in-law and the company’s general manager, echoed those sentiments. In an interview with the Los Angeles Times, Hirsch emphasized that the combined impact of inflation, the impact of the epidemic on people’s flow, and sharp increases in wages directly led to their difficult decision.
“With inflation and food costs skyrocketing, a $20 an hour minimum wage was the final nail in the coffin,” Husch said.
watch:
‘The final nail in the coffin.’ California’s $20 minimum wage forces 91-year-old owner to close iconic Hollywood restaurant Arby’s pic.twitter.com/nCndWCFj4h
— Breaking911 (@Breaking911) June 19, 2024
Restaurants across California have laid off more than 10,000 employees since Democratic lawmakers imposed a $20 minimum wage, according to a major trade group.
Thousands of restaurant workers have lost their jobs as businesses are forced to cut labor costs and raise prices to survive, according to the California Business and Industry Alliance (CABIA).
“Several major chains, including McDonald’s, Burger King, and even the most popular low-cost In-N-Out Burger, have raised prices to offset rising wages. Many have had to cut employee hours, and some have already Automation has sped up,” the New York Post reported.
Beloved restaurant chain Rubio’s Coastal Grill has announced it will close 48 locations across the state due to unaffordable operating costs.
Two major Pizza Hut operators in California are laying off all their delivery drivers due to a new law raising the minimum wage for fast-food workers to $20 an hour.
California Gov. Gavin Newsom (D) created an exemption for Panera Bread from the state’s new $20 minimum wage law, as the company’s billionaire CEO Greg Flynn Donations to his political campaigns.
