{"id":52114,"date":"2025-10-17T00:34:13","date_gmt":"2025-10-17T00:34:13","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/california-restaurant-owner-says-tariffs-inflation-leave-him-barely-breaking-even\/"},"modified":"2025-10-17T00:34:13","modified_gmt":"2025-10-17T00:34:13","slug":"california-restaurant-owner-says-tariffs-inflation-leave-him-barely-breaking-even","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/california-restaurant-owner-says-tariffs-inflation-leave-him-barely-breaking-even\/","title":{"rendered":"California restaurant owner says tariffs, inflation leave him &#8220;barely breaking even&#8221;"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<\/p>\n<div id=\"\">\n<p><em>Inglewood, California<\/em> \u2014 One family&#8217;s legacy, an Italian restaurant called Sunday Gravy that&#8217;s been operating for decades, is now &#8220;barely breaking even,&#8221; owner Sol Bashirian says, as <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/trump-tariffs-retailers-ready-to-hike-prices\/\" data-invalid-url-rewritten-http=\"\">tariffs<\/a><\/span> and <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/economists-nabe-forecasts-2025-gdp-growth\/\" data-invalid-url-rewritten-http=\"\">inflation<\/a><\/span> are eating into its profits.<\/p>\n<p>&#8220;It&#8217;s just the reality of where the food industry is at,&#8221; Bashirian told CBS News, noting he&#8217;s spending thousands of dollars more each month on imported ingredients.<\/p>\n<p>His family has been in business in Inglewood, California, just south of Los Angeles, for decades, and has seen a 30% bump in sales since last year. But the family&#8217;s legacy could go stale.  <\/p>\n<p>&#8220;My dad put an offer together, and grabbed all his savings and bought this place. And here we are now, almost 50 years later,&#8221; Bashirian said.<\/p>\n<p>Financial analyst R.J. Hottovy with Placer.ai \u2014 a real estate software company that advises restaurants across the U.S. \u2014 says eateries that cater to lower- and middle-income consumers are <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/tariffs-trump-reciprocal-consumer-prices-businesses-react\/\" data-invalid-url-rewritten-http=\"\">hurting financially<\/a><\/span>, and so are their customers.<\/p>\n<p>&#8220;That group is facing cost pressures on a number of fronts, not just food, but other things like rent and inflation,&#8221; Hottovy said.<\/p>\n<p>A report released <a href=\"https:\/\/pos.toasttab.com\/news\/2025-voice-of-the-restaurant-industry-survey?srsltid=AfmBOooEZXFuqd8yynmlexYpmwuGiyIIJECab8Zx9EsNLG-N9ofJgXzh\" target=\"_blank\" rel=\"nofollow noopener\">earlier this month<\/a> by the cloud-based management company Toast shows that 48% of the restaurants surveyed plan to raise menu prices if costs continue to rise.<strong>\u00a0<\/strong><\/p>\n<p>The National Restaurant Association says menu prices would need to increase by 30.3% just to maintain a thin profit margin of 5% under the current economic conditions.<\/p>\n<p>&#8220;It sounds easy, but there is a process behind it,&#8221; Bashirian said. &#8220;It&#8217;s reprinting a menu, and the printing costs associated with that.&#8221;<\/p>\n<p>Bashirian says the sticker shock of a price hike could &#8220;absolutely&#8221; drive away customers from even coming to the restaurant.<\/p>\n<p>&#8220;It&#8217;s pasta, and pasta is not supposed to be crazy expensive,&#8221; Bashirian said.<\/p>\n<p>For now, Sunday Gravy is adding a 5% surcharge on the bill to offset tariffs. Under California law, restaurant owners are allowed to add an extra fee if it&#8217;s &#8220;clearly and conspicuously displayed&#8221; on menus.<\/p>\n<p>&#8220;There is price fatigue,&#8221; Hottovy said. &#8220;I think consumers have been paying higher prices for many years. And there is a breaking point for a lot of these consumers.&#8221;<\/p>\n<p>The National Restaurant Association is pushing for imported food and beverages to be exempt from the Trump administration&#8217;s tariffs, arguing that hikes could cost the industry billions this year alone.<\/p>\n<p>&#8220;It would allow us to at least have an attempt at a fighting chance, and flourishing and continuing on,&#8221; Bashirian said of the possibility of receiving relief from tariffs.\u00a0<\/p>\n<\/p><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/california-restaurant-owner-says-tariffs-inflation-leave-him-barely-breaking-even\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Inglewood, California \u2014 One family&#8217;s legacy, an Italian restaurant called Sunday Gravy that&#8217;s been operating for decades, is now &#8220;barely<\/p>\n","protected":false},"author":1,"featured_media":52115,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[283,957,311,799],"class_list":["post-52114","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-california","tag-inflation","tag-los-angeles","tag-tariffs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>California restaurant owner says tariffs, 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