cowpowered@lemm.ee to politics @lemmy.world · 1 year agoUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comexternal-linkmessage-square372fedilinkarrow-up1710
arrow-up1710external-linkUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comcowpowered@lemm.ee to politics @lemmy.world · 1 year agomessage-square372fedilink
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up4·1 year agoRestaurants have among the lowest profit margins of any industry.
minus-squaredeadsenator@lemmy.calinkfedilinkarrow-up10·1 year agoI know by definition “restaurant” can be a fast-food place, but genuine restaurants are what you meant. Fast-food joints do not operate this way.
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up5·edit-21 year agoEven BKs margins of 18% do not account for a $28 markup, as was suggested above. You are correct that I was misattributing casual dining margins tho. That was a neat rabbit hole I went down.
Restaurants have among the lowest profit margins of any industry.
I know by definition “restaurant” can be a fast-food place, but genuine restaurants are what you meant. Fast-food joints do not operate this way.
Even BKs margins of 18% do not account for a $28 markup, as was suggested above.
You are correct that I was misattributing casual dining margins tho. That was a neat rabbit hole I went down.