An Entertainment District bar, which has existed for almost three decades, thanks its customers for “all the good crockin moments” after announcing that it is closing its doors permanently.
In a statement posted on social media this week, Crocodile Rock announced that the owners of the nightclub have been “put in a position to close permanently.”
“The success of our business over the years was not only related to good business decisions, but rather to the thousands of people who danced on our speakers, tasted a bucket of beer on our patio and held office parties “Wrote the bar on Instagram. .
The Toronto nightclub, located near Adelaide and Duncan streets, also thanked its employees in their farewell message.
“The people we have worked for have been the backbone of our success and we are sorry we cannot see you again. We are confident that our paths will cross again and we hope to start a new chapter in our lives and make new memories, “said the statement.
A post shared by Crocodile Rock (@crocodilerockto) on
Bars, restaurants, and many retail stores were forced to close following the COVID-19 pandemic, and Crocodile Rock is just the latest in a series of small businesses that have closed permanently in because of the crisis.
The federal government has launched initiatives to help small businesses, including commercial rent relief and wage subsidy programs, but many owners have suggested that far too many businesses are falling through the cracks.
The commercial rent relief program, for example, forces owners to apply and many small business owners say their owners refuse to participate.
The Broadview-Danforth Business Improvement Area interviewed hundreds of small businesses in Toronto last month and found that almost two-thirds of them may have to close permanently within three months.