@cowpowered@lemm.ee to politics @lemmy.world • 1 year agoUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comexternal-linkmessage-square326fedilinkarrow-up1602arrow-down141
arrow-up1561arrow-down1external-linkUS economy going strong under Biden – Americans don’t believe itwww.theguardian.com@cowpowered@lemm.ee to politics @lemmy.world • 1 year agomessage-square326fedilink
minus-square@Angry_Zombie@lemmy.worldlinkfedilink10•1 year agoThat burger was probably 2 dollars of ingredients before profit
minus-square@Cryophilia@lemmy.worldlinkfedilink-1•1 year ago$2 ingredients, $55 labor, $2 profit most likely
minus-square@SCB@lemmy.worldlinkfedilink-2•1 year agoRestaurants have among the lowest profit margins of any industry.
minus-square@deadsenator@lemmy.calinkfedilink5•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-square@SCB@lemmy.worldlinkfedilink3•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.
That burger was probably 2 dollars of ingredients before profit
$2 ingredients, $55 labor, $2 profit most likely
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.