US economy going strong under Biden – Americans don’t believe itcowpowered@lemm.ee to politics @lemmy.world – 659 points – 1 years agotheguardian.com360Post a CommentPreviewYou are viewing a single commentView all commentsShow the parent commentThat burger was probably 2 dollars of ingredients before profit$2 ingredients, $55 labor, $2 profit most likelyRestaurants 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.
That burger was probably 2 dollars of ingredients before profit$2 ingredients, $55 labor, $2 profit most likelyRestaurants 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.
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.
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.
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.
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.