Oops… sorry to hear this. Which city is this? What can be done:

Your Dad and his partner needs to assess the competiting boba shop and identify what makes them successful. If there is something unique or something that needs improving, your dad’s shop can implement that.

Customer Feedback is important. Get a review to understand what the customer likes and dislikes. Your Dad can get vital insights into areas that need improvement.

Review cost and expenses. See what can be reduced or cut down without compromising quality. Also try getting better deals with suppliers, look at staff cost and all expenditures.

Is a marketing strategy or campaign possible? This could involve promotions, loyalty programs, or collaborations with other businesses in the plaza.

Is tweaking the menu possible? If so, to offer items that stand out or cater to a specific demand. Exploring trends in Boba industry.

Provide good customer experience: This can be in terms of service, ambiance, and any additional deals if possible.

If required seek advice from a financial consultant to manage debt and improve cash flow.

Is it possible to cut losses and sell? If things turn south, selling canbe an option.

Bankruptcy should always be a last resort. It’s best to speak to a financial advisor or legal professional to fully understand consequences.

Also if possible, it’s advisable for your Dad to consult with business experts, perhaps seeking advice from a business consultant, financial advisor, or even a franchise representative. They can provide tailored guidance based on the specifics of the situation.