Stories from the Covid-19 Front Lines: Q&A with Multi-Brand Franchisee David Ostrowe
Company Added
Company Removed
Apply to Request List

Stories from the Covid-19 Front Lines: Q&A with Multi-Brand Franchisee David Ostrowe

Stories from the Covid-19 Front Lines: Q&A with Multi-Brand Franchisee David Ostrowe

As part of our ongoing coverage of Covid-19 and its effects on franchising, we’re asking franchisees what they’re doing to get through the crisis and come out the other side. If you’re a franchisee with a story to tell about what you’re doing to survive, help your employees, or inspire hope in other operators, please email us at stories@franchising.com.

David Ostrowe has been president of O&M Restaurant Group since 2005. He operates multiple Burger King restaurants in Oklahoma and Northern Louisiana, Blaze Pizza stores in Oklahoma and Arkansas, and Taco Bell locations in Oklahoma City. He also is the Secretary of Digital Transformation and Administration for Oklahoma. He has felt the effects of Covid-19 on his business with dramatic drops in revenue, and has shut his Blaze Pizza restaurants.

How has Covid-19 affected your business?

Taco Bell sales are down 30% and I had to hard close my Blaze Pizza restaurants, which were doing about $200 a day.

What are you doing right now to get through this?

We’ve cut labor accordingly and have frozen all non-essential purchases. I’ve applied for disaster funding and the PPP money. To date, I haven’t received anything.

Is your franchisor helping keep you afloat? How?

Not really. Taco Bell deferred royalties for 60 days. This is nothing but changing the terms. Blaze didn’t offer anything.

How are you working with your suppliers?

So far, we’re continuing to cash flow but are monitoring the cash flow in real time.

What are you doing to help your employees through this?

We’ve been transparent and open with the employees. We haven’t formally laid off anyone yet. Hours have been cut.

What are you doing for your customers?

All drive-thru and take-out service. No discounts.

How are you planning to reopen and rebuild your business post–Covid-19?

I’m highly concerned with getting employees back to work. Unemployment is now $20/hour.

What are you doing about cash flow, PPP, etc. (govt programs, banks, lenders, rent, insurance)?

I applied 10 days ago and haven’t received anything yet. Hopefully soon.

What else would you like to see from your franchisor or the government?

We need to get on the other side of this quickly. Franchisors need to provide direct relief.

Published: April 21st, 2020

Share this Feature

Urban Air Adventure Park
SPONSORED CONTENT
Urban Air Adventure Park
SPONSORED CONTENT
Urban Air Adventure Park
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
Blaze Pizza
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

ApplePie Capital
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
APR 6-9TH, 2021

Team up with World Gym and become part of our global fitness franchise family.
Cash Required:
$300,000
Request Info
Pigtails & Crewcuts is a recognized brand dedicated to making haircuts fun for kids. Our business model was designed with families in mind...
Cash Required:
$100,000
Request Info

Share This Page

Subscribe to Multi-Unit Franchisee Report

A Franchise Update Media Production
Franchise Update Media
P.O. Box 20547
San Jose, CA 95160
PH. (408) 402-5681
In Loving Memory Of Timothy Gardner (1987-2014)

Copyright © 2001 - 2020.
All Rights Reserved.