15-year-old Toronto restaurant uses one last financial resort to stay in business

15-year-old Toronto restaurant uses one last financial resort to stay in business Toronto TorontoRestaurant

"We relied heavily on government programs and loans to help us get by. Meanwhile many of our customers have either moved away, left the neighbourhood, or went back to live with mom and dad. Add to that the new reality of the 'new normal,' where people tend to not eat casual takeout as much, or they cook at home more," Chino Locos owner Victor Su tells blogTO.

"The rise of home delivery services, all of that has proven to be a huge hit to our daily sales. In addition, inflation and rising costs of basic goods in some cases have risen 25 per cent to 40 per cent, and those costs have been absorbed by us for many months as we have held on as long as possible not to increase prices.

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