Mark's Pizzeria to close about a dozen locations
Undated – About one dozen Mark’s Pizzeria locations will soon be closing.
We’re told three Rochester locations will shut down: Eastview Mall, The Mall at Greece Ridge and at Honeoye Lake. 13WHAM learned that the Honeoye location will be renamed under new ownership.
Other shops will be closing in the Syracuse area.
"It's a big hit," said George Conboy, Chairman of Brighton Securities.
Conboy told 13WHAM that a minimum wage hike coming in 2018 doesn't help the bottom line for small businesses in New York State.
According to the New York State Department of Labor, all fast food chains with 30 restaurants or more must pay workers at least $12.75 per hour.
Pizza competitor Salvatore Fantauzzo, founder of Salvatore's Pizza, says there is more to it for all small business owners.
"We would go into Buffalo and Syracuse right now, but we can't because of the 30-plus restaurant rule," Fantauzzo said. "It does apply to some of our competitors. People aren't growing, people aren't expanding and people are closing down because of that."
In New York City, the minimum rate will stand at $15.00 per hour.
"If state mandated costs rise, businesses may become unprofitable," Conboy said. "Hence moves like this. Hundreds of people may lose their jobs."
A representative from Mark's Pizzeria told 13WHAM that downsizing to 29 active stores is a response to poor sales.
Mark's Pizzeria says closing restaurant will continue to help them be more profitable and charitable.
This is a developing story; 13WHAM will provide more information as it becomes available.