They say that 3 out of 4 businesses that suffer a major loss like this, without business continuity insurance, go out of business.
It's also said that 3 out of 4 businesses that have continuity insurance, set the fire themselves.
In all seriousness, it sounds like no one was hurt, which is great. I hope they get back on their feet quickly and it sounds like they should.
Ok, funny story..........
Three retired guys meet at the community center of their retirement community in Florida.
They ask the first what he did for a living and he said he owned a restaurant in NYC, but it caught fire and he decided to take the insurance money and retire.
The second says, that's amazing, I was in the restaurant business in NYC too. I also had a fire and decided to just take the insurance check and retire.
The third can't believe it. He says he was also in the restaurant business in NYC. His restaurant flooded and he felt he was too old to start over, so he took the insurance money and retired.
The first two looked puzzled and ask him "how did you start a flood?"