the citys / states should wave fees to cover the downtime.

Bob Elson's Retrovolt Arcade (Calimesa, Calif.) has just announced they're shutting down for awhile...

https://www.facebook.com/Retrovoltarcade/posts/1294465570942471

https://retrovoltarcade.com

Question for other operators. I was just notified by my landlord that the 'mall' will be entirely closed as part of the state ordered shut-down. In such circumstances, should the landlord expect to continue to receive rent payments from their tenants/merchants during the time the mall is closed?

We're writing new rules every day. My gut says "no", but how that will be implemented is anyone's guess, because no one knows at the moment.

I saw tax payment was delayed 90 days for most filers. Does anyone know if that includes the quarterly tax payment a small business has to make? Couple of the news stories I read did not mention quarterly taxes.

Ask your landlord. He may be screwed too with on going expenses and potential no income.

I wouldn't do that. Right now the last thing I need is a new bill.

LTG : )

Idea for business owners that own their pins: explore renting out each of your pins to people in your local community for a few weeks or one month while your business is shut down. You get some cash for your pins to offset lost coin drop / entrance fees. Local pinheads get a pin at home to play while they're isolated.

Be sure to check with your insurance provider if you want to do this. Make sure you are covered in case of theft, damage, and to ensure you have liability protection.

Be careful you aren't dragging the virus with you, or get exposed to it there.

LTG : )

This is not a question other operators can answer. It’s a question that should be in your rental contract or your landlord can answer.

Common sense says if you’re not permitted to use the facilities for their intended purpose you shouldn’t have to pay for them but we’re in uncharted territory for many contracts. If you can’t come to an agreement with your landlord consulting your attorney is next.

I will say that many places have already put the stop to evictions, and since courts are out even if they could make a reason for it, you can't, and once things are back to 'normal' it's going to be backlogged. I would say anyone who feels they are going to be unable to pay their mortgages/rents, reach out sooner than later and work it out.

The sad reality of it is there will be a lot of vacant buildings if this goes longer then May 1st. A few of my locations are already sweating about it 3 days into the closures. It would be in the landlord's best interest to work with tenants. I'm sure we will see some kind of relief for business owners in the form of interest free or deferred payments.

The problem is it doesn't stop and the renter/landlord...it needs to go from bottom all the way to the top. Renter -> Owner -> Bank. As I stated elsewhere at one point, banks need to give a few months leeway on loan payments, perhaps just tack them to the end of the loan or averaged out over the rest of the year, etc. Interest free. It's the ONLY thing that will help at all if this drags out. No idea how sustainable any of this is or for how long.

At Lyons Classic Pinball we closed last Friday and hope we can weather this. If we do, we need you all to come back to all of us pinball arcades strong. We miss you and hope to see you all again soon and more then ever.

I believe Canadians have been given a chance to go 6 months no mortgage payments, interest only.
That’s should at least spill down hill.
In many landlords best interest is to work with tenants because if they kick someone out, there may not be a chance for a new tenant anyway and the landlord is effed

While I can't guarantee there aren't assholes out there, to my observation there is a historic amount of flexibility and compassion being shown at the moment by companies and corporations everywhere. This is completely different than the 2008 crisis.

No word on quarterly estimates yet.

Im looking at my liability policy.

I do have business interruption insurance.

Im calling my agent to see if im not going bankrupt in tbe event of a forced closure.

If the virus doesn't kill us, the credit companies eventually will...

Fantastic thing to check on. Business interruption is a cheap rider on insurance policies, for me it is anyway, I have used it before and it was great. I hope many businesses can use it if they are forced to close up shop by someone or gov’t

This is a great deal for anyone who is carrying debt at high rates. If you can't reduce your monthly nut, it's probably better to pass. I saw there are new orders forbidding foreclosure for a few months. I don't know what that will do. And NorthernDude, Business interruption insurance only kicks in after a claimable event. I was told this today by my agent. I have it.

Only kicks in with a claimable event. I checked my small business policy and I had it. The agent burst my bubble.

Some newer articles have come out online and say quarterly payment is delayed 90 days too.

Our plan is to reopen as soon as we can and hope for the best. No loans necessary but I do hope I won't have to carry rent payments for weeks while no revenue is coming in. We'll have signage regarding our expanded cleaning/disinfection program and containers with disinfectant wipes in a couple locations along with hand sanitizer. I'm afraid the psychological damage that we're all enduring will manifest itself with people being very reluctant to touch things in public places. Frankly, I'm not sure if this is a viable business anymore and am starting to prepare for life after the arcade; it might not even be something we can sell. It's really a shame as this was turning out to be our best year -- the point where we turned the corner with this business and were looking at finally lower expenses and higher revenue.

I saw on news tonight that Pandemic is excluded from those policies.

Shout out to Flipside in Westerly RI. This is my wife and I’s favorite weekend place to play pinball. Machines are always in good working order. Bartenders are real friendly. Just an overall great place to hang out. Owners are great people. I hope all is well with them and they can weather the storm. Along with all all the other bars and restaurants in Westerly. Hang in there.

Sorry to read the doors are closed Jason. Hope this passes soon and you'll be able to reopen. I do free shop jobs and repairs for Matt. If you need help with anything, let me know.

Stay safe everyone

Unless they are from the IRS or posted on their website I wouldn’t trust it. Haha

Thanks for the offer and support! We are good for now. I'm staying positive, and enjoying the time with family and my dogs. Keeping a routine and getting plenty of exercise helps.

IRS confirmed the first quarter estimates of 2020 aren’t due until 7/15. Second quarter is still technically due 6/30, but that may change.

I have decided with a heavy heart to close my shop Rock Fantasy starting tomorrow March 20th . for a week or two at least

Love this place. Got to spend a couple weeks there for a business trip to GE. Played tons of pinball.

i hate how they sneak in quarter two payment a month early. like they want you to slip up.

James Games Family Fun Center -- my "pinball home base" where I live -- temporarily closed their doors yesterday.

Just curious if anyone knows if the COVID-19 situation has shuttered the Pinball Hall Of Fame in Vegas? Can't find anything current online.

I would assume so. Casinos in Vegas are closed for ~30 days. Couple months ago I had (still have) tickets for Vegas and was planning to stop by for some pinball too.

Anyone have an estimate on what a fair price would be to rent a modern game like MB or EHOH for a couple weeks, I've never even thought about it before?

Check this thread for some idea.

https://pinside.com/pinball/forum/topic/rental

LTG : )

I am a retail landlord. As mentioned earlier, most insurance policies will not cover this. I am working with my tenants and will not move against them. I know if they are shut down, most will not be able to pay the rent. Hopefully your landlords will work with you to find a compromise solution.

When this passes, people are still going to be really paranoid about activities that involve groups and touching the same things.

I was informed that if the forced closure bankrupted me, the lease is still in full force and, due in full, on demand.

Penalties will be enforced.

So, no relief from the landlord lol.

Just announced liquor stores won't be closing!!! I understand some of you are going to have a difficult time,owning your own business and I feel for you deeply. Also the parants that have to work with no school what are they going to do with there kids?! Hopefully this is very short, I'm willing to help anyone in any way I can I'm in Waterbury, CT hit me up it anyone needs anything. I'm single with a big house and a recession proff job, law enforcement so I'm here for you people and your kids. We need to stick together in this.

I'm sorry.

LTG : (

Lol. Thanks.

The idea is to not go broke.

Ill be ok for a couple weeks.

Insurance companies are your friend, until something goes wrong.....

What a nice, understanding landlord.... not. Both in Sparks and Reno?

California was just issued a lockdown order. Only essential business to be open.