Rising costs force closure of FryDay’s restaurant
A fast-food restaurant in Hamilton has been sold owing to the rising costs of doing business.
FryDay’s, on the second floor of the Bermudiana Arcade on Queen Street, shut its doors for good on Saturday after a six-year run.
Mstira Weeks, the co-owner of FryDay’s, said: “The decision to divest ourselves from the restaurant business was primarily the substantial increase in food cost, electricity and gas.
“We do not see the cost decreasing anytime soon. Therefore, we decided that rather than significantly increase the cost to our customers, we would sell and concentrate on our entertainment and retail sections of our business enterprise.
“It wasn’t a hard decision. In our view, it is a good business decision. With the facts in front of us that food cost is on the rise globally, it is only so much we can charge customers before we price ourselves out of Bermudians being able and willing to pay the price without complaints.”
Ms Weeks added: “The restaurant division was sold to another group who will use their own menu. We wish them success.”
She said that no jobs have been lost.
“The new owners took some staff and we kept a staff member as we endeavour to enhance our services in the customisation business.”
Ms Weeks said the restaurant’s customer base was “very upset” about the closing.
“We received so many calls and messages with people disappointed that we were closing. We had an overwhelming last week of business where our valued customers showed their support and stated they will miss FryDay’s.
“FryDay’s would like to say thank you to our customers, friends and business providers for their support.”
FryDay’s Market, which opened in October 2021 to replace the dine-in side of the restaurant, will continue in the same location.
Ms Weeks said it will be “enhanced”, adding: “We will create an experience where we will customise crocs, sneakers and clothes and have our customers come in and do it themselves.
“We will also be offering customisation parties, sip ‘n paints, team-building events and fun entertainment.”