Thursday Nov 28 2019
SA Chef Tim Rattray filed for BK for himself, the Granary Cue and Brew at the Pearl, and Fontaine's Southern Diner.
Debt was perhaps ten times that of assets.
The irony is that the Granary had consistently been named one of SA's top restaurants.
As I have warned in ACCT 3301, restaurants do not go out of business because they do not know how to cook,
they do not know how to plan and compute break even and target profit.
Professor Elam 
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