Comment on Is My Pub Fucked?
Denjin@feddit.uk 2 days agoIt’s just measuring amount of change in rateable value, some properties may have only small increases but many will have larger increases, hence the “fine” to “fucked” scale.
The one that closed may have been making a lot less money than the one that’s still open but this is a fixed cost not related to turnover so if you make small amounts and turned a small profit, even a small increase in fixed costs can put you under.