With shock I read in the newspaper today about the impending liquidation of Madame Zingara and Carlucci’s. The article is available online here.
I don’t understand how Madame Zingara can be in financial trouble. That tent, which seated about 450 people was always full and average spend must have been about R500 per head. I’ll leave you to work out how much money that is per night. Very strange indeed. As far as I’m aware, the show is still running in London.
Carlucci’s has been around for ages in Oranjezicht and Bantry Bay, and recently opened one in Rondebosch and another in Roeland Street. They seem to have a good thing going on. If they are in trouble, how many other places are in trouble?
I guess the global economic crisis is taking its toll after all. I don’t understand how people can be opening new restaurants left, right and centre. Just look at my newsletters each month to see how many there are. When I see big names like Zingara and Carlucci’s going down, I would think twice about getting into the restaurant industry.