Most people for some reason believe that restaurants print money (profit wise) and that owners are price gouging. The reality is (like
@MAC_32 mentioned) is it has always been a very low profit margin business where success is driven by volume. With the huge spike in wages, COG’s, healthcare and vendor costs restaurants have no other lever to pull to stay open but raise prices. This unfortunately often runs the risk of hurting overall volume (the lifeblood of a restaurant). It’s a vicious cycle that is driving many owners under.