Mondays and Tuesdays are traditionally the slowest days of the week for restaurants, while Friday > Sun are the busiest.
So if you are going to close down for a day Mon-Tues are the days that will hurt the least financially.
You also have to consider that there is a cost to being open. When the door is open you have to pay for supplies, gas, wages, etc etc. If you don’t do enough business to cover that they you’ll save money by closing down that day.
Smaller places often only have limited staff so closing down for a couple of days is them taking a weekend.
Restaurants can also use that day to deep clean, prep for the week, or do small renos or repairs if required
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