For restaurants specifically, not great:
The Restaurant Brokers’ study, the only one to make a distinction between chain and independent restaurants, concluded that up to 90 percent of independent establishments close during the first year, and the remaining restaurants will have an average five-year life span.
https://yourbusiness.azcentral.com/average-life-span-restaur...
I'm not finding breakouts for other categories yet, but for all new businesses, broken out by year, pre-Covid:
- First year: 21.5%
- Second year: 30%
- Fifth year: 50%
- 10th year: 70%
https://www.national.biz/2019-small-business-failure-rate-st...