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Tuesday, June 17, 2025

Bar owners continue to count millions in losses

by

Raphael John lall
1347 days ago
20211010
Satesh Moonasar, president of the Barkeepers’ and Owners’ Association of Trinidad and Tobago.

Satesh Moonasar, president of the Barkeepers’ and Owners’ Association of Trinidad and Tobago.

The bar in­dus­try con­tin­ues to count mil­lions in loss­es since the COVID-19 pan­dem­ic hit T&T in 2020. Bars were among the first sec­tors to close and now, in 2021, they are among the last sec­tors to re­open. To­mor­row at least 50 per cent of bars are ex­pect­ed re­open amid a host of re­stric­tions.

Pres­i­dent of the Bar­keep­ers and Own­ers As­so­ci­a­tion of T&T (BOATT) Satesh Moonasar es­ti­mates the loss­es at $400 mil­lion and de­scribed this pe­ri­od as one of the biggest crises the bar in­dus­try has faced in its his­to­ry in T&T.

He said many bars have been forced to close per­ma­nent­ly leav­ing thou­sands job­less and cre­at­ing hope­less­ness among low­er-in­come peo­ple in the coun­try who earn a liv­ing through this in­dus­try.

"This is a bil­lion-dol­lar in­dus­try. Just look at tax­es alone, and fees such as liquor li­cences, PAYE tax­es, Green Fund Levy tax, gam­ing tax­es and oth­er oblig­a­tions, this adds up to $1 bil­lion an­nu­al­ly. That’s how much the bar in­dus­try con­tributes to the econ­o­my.

"I would say the bar in­dus­try lost rough­ly $400 mil­lion since March 2020 and this is based on clo­sures and re­stric­tions. There were eight months of full busi­ness clo­sure with no in­come."
He said, speak­ing with mem­bers of BOATT, "ac­tu­al loss­es would be things like rent and util­i­ty as these would still have to be paid, al­though bars were closed. As well as ex­pired goods as most com­pa­nies do not take re­turns of ex­pired goods. Al­so, add in the loss of sales and you get that fig­ure."

The Gov­ern­ment will launch its Safe Zone ini­tia­tive in which ful­ly vac­ci­nat­ed mem­bers of the pub­lic would be al­lowed to par­take in spe­cif­ic ac­tiv­i­ties on Oc­to­ber 11. 

To­mor­row, gyms, cin­e­mas, dine-in ser­vices at restau­rants, and a host of oth­er en­ter­tain­ment-re­lat­ed ac­tiv­i­ties will be­come avail­able to the gen­er­al pub­lic once they are ful­ly vac­ci­nat­ed against COVID-19. 

BOATT ex­pects 50 per cent of bars to re­open.

Moonasar said the re­stric­tions on the bar in­dus­try first start­ed in March 2020 as they were one of the first sec­tors to be placed un­der re­stric­tion. They were closed from March 17 to June 21, 2020. From June to Au­gust 16 they were al­lowed to re­open but with re­strict­ed hours. From Au­gust 17 un­til April 29, 2021, bars were then al­lowed to just sell al­co­hol as grab and go. From April 30, 2021, un­til Oc­to­ber 10, bars were closed.

The Rustic Union Bar which has been closed because of COVID-19  in Rio Claro.

The Rustic Union Bar which has been closed because of COVID-19 in Rio Claro.

CRI­SIS PE­RI­OD AND RE­OPEN­ING

Moonasar said at the start of the pan­dem­ic in 2020 there were about 2,800 reg­is­tered bars in the coun­try.

He es­ti­mates that al­most 40 bars closed per­ma­nent­ly and added that many more bars faced fi­nan­cial dif­fi­cul­ty but the orig­i­nal own­ers sim­ply sold them off to new own­ers.

He al­so es­ti­mates that 4,000 em­ploy­ees of bars lost their jobs since the first re­stric­tions be­gan in 2020.

"This was a very painful pe­ri­od. It will take an­oth­er two to three years for the in­dus­try to re­cu­per­ate from this sit­u­a­tion. Al­though the doors of the bars will be opened on Mon­day, it is still not busi­ness as usu­al."

He ex­plained that even when they restart op­er­a­tions, cus­tomers will not be able to con­sume al­co­hol at bars but they must leave the premis­es with the al­co­hol. How­ev­er, cus­tomers can sit in a bar and have non-al­co­holic drinks. Bars can on­ly op­er­ate at 50 per cent ca­pac­i­ty dur­ing open­ing hours. They will al­so be able to re­main open with­in the cur­few hours.

Moonasar al­so said that bar own­ers, em­ploy­ees, and cus­tomers must all be vac­ci­nat­ed in keep­ing with the health reg­u­la­tions.

Cus­tomers can al­so ac­cess gam­ing ma­chines at bars.

He said they are some­what sat­is­fied that the Gov­ern­ment took in­to con­sid­er­a­tion some of their rec­om­men­da­tions how­ev­er, the re­stric­tion of not be­ing able to sell al­co­hol on the com­pound is of "great con­cen" to them.

"Restau­rants’ core busi­ness is din­ing and they have that. Casi­no's core busi­ness is gam­ing and they have that. Bars’ core busi­ness is the con­sump­tion of al­co­hol and we do not have that so, we are still at a dis­ad­van­tage. We’ll con­tin­ue to lob­by the Gov­ern­ment on this is­sue."

BAR OWN­ERS RE­ACT

The Sun­day Guardian spoke to bar own­ers across the coun­try about the re­open­ing and how they have fared dur­ing the dif­fi­cult pe­ri­od.

Freeport

Kay Ma­haraj, who owns a bar in Freeport, is not sure that she will re­open to­mor­row.

Ma­haraj had got­ten in­to the bar busi­ness in 2019, and when the pan­dem­ic hit in ear­ly 2020, she start­ed to lose mon­ey.

She is rent­ing and con­tin­ued to pay rent al­though her busi­ness was closed.

"I had to fork out $150,000 in rent from March 2020 to now in 2021. This came from my per­son­al sav­ings, if I did not do this I would have lost my sav­ings. I on­ly opened my busi­ness in 2019 and one year lat­er the pan­dem­ic hit. I have not been able to start get­ting back any mon­ey for my in­vest­ment since then."

She said the sit­u­a­tion would be "un­pre­dictable" to­mor­row and she is not sure how it would play out.

"I have a re­tail­ers li­cence and not a restau­rant li­cence. All I can sell is al­co­hol and the Gov­ern­ment says we can’t sell to peo­ple to stay and drink at the bar, so why are we open­ing as a safe zone? We can’t make mon­ey buy­ing and sell­ing one beer for peo­ple to grab and go. The on­ly way to make a prof­it is for peo­ple to sit and drink al­co­hol."

She em­ploys four work­ers and said she would have to hire ad­di­tion­al staff to en­sure that peo­ple have their vac­ci­na­tion doc­u­ments.

Ma­haraj can­not see how they can jus­ti­fy the re­open­ing of bars with­out al­low­ing cus­tomers to con­sume al­co­hol at the place of busi­ness.

"Elec­tric­i­ty is $5,000 per bill pe­ri­od, then I have a loan to re­pay and al­so the rent. I al­so have to pay the salaries of em­ploy­ees. My daugh­ter and oth­er fam­i­ly mem­bers have had to chip in to help me. Once they al­low peo­ple to con­sume al­co­hol at bars then I’ll re­open my busi­ness."

Bar owner Lindsey Whiskey.

Bar owner Lindsey Whiskey.

Ari­ma

Lind­sey Whiskey, who owns a bar in Ari­ma, is ful­ly pre­pared to re­open.

"We’ll be opened on Mon­day. My staff is vac­ci­nat­ed. This has been the worst ever since I opened my bar six years ago. I have four full-time em­ploy­ees. I was able to sur­vive this rough time based on my sav­ings. I don’t have any oth­er source of in­come on the side.

"In over­head ex­pens­es alone it is up to $100,000 to run a bar like this month­ly. This mon­ey cov­ers stock, staff, and rent. The banks gave us a few months mora­to­ri­um but then there's Courts, Stan­dards and oth­er places call­ing with no re­gard ask­ing for their month­ly pay­ments."

Whiskey has tak­en the stance that al­though they are re­open­ing un­der re­stric­tions, it is bet­ter than noth­ing and he is hap­py to at least be­gin to gen­er­ate some busi­ness.

Rio Claro bar shuts down

Troy Seecha­ran is the own­er of a bar and the prop­er­ty it is on in Rio Claro. It was orig­i­nal­ly a liquor stare and mi­ni-mart and in 2019 he be­gan con­vert­ing it to a bar.

He was brave enough to take the step to open the bar and a restau­rant dur­ing the pan­dem­ic in No­vem­ber 2020 and in the first few months of op­er­a­tion he was gen­er­at­ing mon­ey and build­ing a cus­tomer base in his com­mu­ni­ty.

"We were one out of 15 restau­rants in T&T to be part of the Restau­rant Week do­ing a St Patrick’s Day. We were do­ing pret­ty well even un­der the re­stric­tions. Carib came in and looked at my place and was sup­port­ive. They came here and did pro­mo­tions," he told the Sun­day Guardian.

The busi­ness came to a grind­ing halt when bars were shut down due to re­stric­tions.

"When I heard the Gov­ern­ment spoke about the safe zone and peo­ple can­not drink al­co­hol on the premise I re­alised that it would not be worth it to con­tin­ue. I have to close this busi­ness and move on. I al­so have the grill on the out­side where I sell food but that will not be worth it as peo­ple come in main­ly to buy the al­co­hol and then buy food. We will still lose mon­ey."

He said that he was look­ing to rent out the build­ing to oth­er busi­ness peo­ple who may con­tin­ue with the bar busi­ness or who may use it for an­oth­er pur­pose.

Seecha­ran said he has been strug­gling for the last few months.

"My in­vest­ment in the bar was mon­ey I saved. I spent $160,000 ren­o­vat­ing from the last build­ing to the present struc­ture. It has tak­en a toll on me and my fam­i­ly. My wife re­cent­ly had a ba­by. I am not ashamed to say I am broke now. I have no more mon­ey."

Business COVID-19


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