CHICAGO (CBS) — Popular daily deal sites are blamed for driving a hot dog diner into debt.
As WBBM Newsradio’s Julie Mann reports, this was the final week of business for vegan hot dog restaurant owner Drew Baker.READ MORE: At Least 29 People Wounded In Weekend Gun Violence In Chicago, 5 Killed
LISTEN: WBBM Newsradio’s Julie Mann reports
He closed his 16-seat Lincoln Square eatery, Drew’s Eatery at 2207 W. Montrose Ave., after daily deal offers didn’t produce the customers and the revenue he anticipated, the Chicago Sun-Times reported.READ MORE: 3 Men Injured In River North Parking Garage Shooting
He tells the newspaper he turned to several daily deal companies – among them Groupon Now and Living Social – to offer discounts. But customers who cashed in on the deal never returned to spend full price on a meal, the Sun-Times reported.
He tells the paper he lost $20,000 in his final offer with Living Social, in which customers paid for $10 to $20 worth of food at his restaurant.
Baker tells the paper he has only himself to blame. He says he didn’t calculate his risk in offering daily deals.MORE NEWS: MISSING: Kyrin Carter, 12, Has Autism, Last Seen In Hammond, Indiana
He tells the Sun-Times he will open one last time on Saturday before liquidating his restaurant and calling it a day.