there's only three people

Hello,

Here is a part of an article in TIME magazine.

The article was written by the famous parents who raised super kids.

My question: Is it acceptable in speaking to use singular “there is” for plural nouns such as “there’s only three people”?

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“We’d eat at Sizzler and my mom would be like ‘there’s only three people here, there’s not five,’” recalls Anne, noting that the other two sisters would be hiding in the bathroom, ready to take their turn at the all-you-can-eat buffet. “We had no shame in being kicked out of a restaurant.”

http://time.com/5578064/esther...ise-successful-kids/

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Apple

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