Some restaurants could have been saved
Among the restaurants that are not taken over by CIM Capital, some could certainly have been saved, adds Stéphane Piron. “The problem is that we have not analyzed the real reasons for the profitability or otherwise of restaurants. Some establishments had to make do with the means at hand, a dishwasher that doesn’t work, the absence of a serving hatch which keeps the plates warm or, as in Herstal, a veranda which leaks when it rains a little too hard. Restaurants which have been thoroughly renovated and have optimal equipment obviously show better profitability. because people are there better served and in better conditions If we had established a plan for the investments to be made to turn things around in restaurants that are doing less well, we could have avoided so many closures.”
“At least it was real cuisine here”: at the Lunch Garden in Berchem, regulars “shocked” by the bankruptcy announcement
But, for the secretary general of Setca, the desire of CIM Capital was not to limit the damage. “A silent bankruptcy procedure is quick. The trustee only has 30 days and, in such a lapse of time, I seriously doubt that an in-depth analysis of the situation of each of the 62 restaurants has been carried out by CIM Capital. Moreover, with the exception of one or the other establishment, workers have never seen suits and ties come to take stock of the situation and inquire about the situation beyond the operational results of the latest month. As management implied, CIM Capital’s intention was not to take over the entire network. It seems that they had a specific number of establishments in mind and they did not look much further in eliminating restaurants that did not offer immediate profitability.”
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