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Florida Gov. Ron DeSantis closed restaurant dining rooms on March 20, just 10 days after franchisee Quality Fresca acquired 46 Moe's Southwest Grills in the state from four different franchisees. The new franchisee now sold burritos curbside. Predictably, revenues slumped.

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I'm talking by phone to Bojangles franchisee Baryalay Razi (he said just call him “Razi”) on March 24. A week earlier, officials in Maryland, where he operates five of the chicken-and-biscuit outlets, ordered all restaurants to stop serving customers inside their establishments to help control the spread of the novel coronavirus. As of now, they are only permitted to sell food through drive-thru windows.