NewsCoronavirus

Actions

Brick & Mortar owner looks to sell as coronavirus cuts into business

Posted
and last updated

RICHMOND, Va. -- The owner of a Carytown clothing store and coffee shop, feeling the loss of revenue from the effects of the coronavirus, has decided to call it quits and seek a buyer for the store.

Brick & Mortar opened at 3011 W. Cary St. in April 2018. The store primarily sells clothing but also opened an in-store coffee shop in August. Owner Mat Shelton-Eide said that coronavirus has cut into business as would-be patrons stay at home, and he expects the outlook for business to further deteriorate.

As coffee sales dwindle to less than 10 a day, Shelton-Eide said the lack of revenue combined with rent, bills and debt makes running the business untenable.

Click here to keep reading on Richmond BizSense.