Yeovil’s Kazbar Introduces Surcharge to Stay Afloat Amid Financial Struggles Whilst Yeovil Real News Steps Up to Support Local Business: Giving Free Advertising to Help Kazbar Survive
Kazbar, a popular cocktail and tapas bar in Yeovil, has announced the introduction of an 8% surcharge on all purchases in a bid to keep the business open. The decision, described by the owner as a last resort, was revealed in a candid video posted to Facebook on Tuesday, August 7.
Matt, the owner of Kazbar, shared that the bar has been grappling with a two-year downturn, leading to mounting financial pressure. Faced with the stark choice of either implementing the surcharge or closing the doors permanently, the business opted to introduce the additional charge.
"I understand that it's hard to swallow," Matt said in the video. "But everyone's struggling at the moment. The option is we charge the surcharge, or we close, and obviously we don't want to have to do that."
The owner further explained that while Kazbar had previously enjoyed success, the last two years have been marked by consistent losses. Despite efforts to sustain the business through tough times, the ongoing financial strain has forced the bar to take this step in order to survive.
"There are some changes within the business I'm making," Matt continued, "but one of the things we have to do to survive is to charge a surcharge. This will start from today, which will be 8% on all bills."
Kazbar’s decision comes as many small businesses across the UK face similar challenges due to economic pressures, including rising costs and reduced consumer spending. The owner expressed hope that loyal customers would continue to support the bar through this difficult period, emphasizing that the surcharge is a temporary measure intended to keep Kazbar operating.
"I hope that you can support us through this period," Matt concluded, "and we look forward to hopefully things improving in Yeovil in the future. And I hope to see you soon at Kazbar."
The video has sparked reactions from the local community, with the majority of customers expressing understanding and support, whilst, the message from Kazbar is clear: it's a fight for survival, and the surcharge is a necessary step to keep the beloved local establishment from closing its doors.
In a show of community solidarity, Yeovil Real News has announced that it will offer free advertising to Kazbar, the beloved local cocktail and tapas bar, in a bid to help the business weather its current financial challenges.
The generous offer comes in response to Kazbar’s recent announcement that it would be introducing an 8% surcharge on all purchases to stave off the threat of closure. Kazbar owner Matt revealed earlier this week that the bar has been struggling with two years of financial downturn, forcing the business to take drastic measures to stay afloat.
Recognising the importance of supporting local businesses during tough economic times, Yeovil Real News has decided to provide Kazbar with complimentary advertising across its platforms. The aim is to boost the bar’s visibility and attract more customers, giving it a fighting chance to overcome its financial difficulties.
"We believe in the power of community and the importance of supporting our local businesses," a spokesperson for Yeovil Real News said. "Kazbar has been a staple in Yeovil for years, and we want to do our part to help it remain open. By offering free advertising, we hope to drive more traffic to the bar and help them through this challenging period."
The initiative by Yeovil Real News is part of a broader effort within the community to rally around local businesses facing difficulties due to economic pressures.
By offering free advertising, the news outlet hopes to set an example for other local organisations and residents to support small businesses in any way they can.
Kazbar has been a popular spot in Yeovil, known for its vibrant atmosphere, delicious tapas, and creative cocktails.
With the support of Yeovil Real News and the local community, there is renewed hope that the bar will be able to weather the storm and continue serving customers for years to come.
Residents are encouraged to visit Kazbar and show their support, whether by enjoying a meal, sharing a drink, or simply spreading the word about the business. With the community’s backing, Kazbar is determined to keep its doors open and remain a key part of Yeovil’s social scene.