Yes, but it's their business (property) not the employees. The owners are the ones that are taking the risk and stand to potentially lose everything if the venture fails. Working 40 hours for your pay is just a voluntary agreement between two consenting individuals. You know what you're getting into, and if someone doesn't like it then they can assume the risk of running their own business and try something different, or get a part time job somewhere.
What is it that you do anyway, Mike?