cowpowered@lemm.ee to politics @lemmy.world · 10 months agoUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comexternal-linkmessage-square372fedilinkarrow-up1705arrow-down146
arrow-up1659arrow-down1external-linkUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comcowpowered@lemm.ee to politics @lemmy.world · 10 months agomessage-square372fedilink
minus-squareAngry_Zombie@lemmy.worldlinkfedilinkarrow-up13arrow-down1·10 months agoThat burger was probably 2 dollars of ingredients before profit
minus-squareCryophilia@lemmy.worldlinkfedilinkarrow-up1arrow-down2·10 months ago$2 ingredients, $55 labor, $2 profit most likely
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up4arrow-down8·10 months agoRestaurants have among the lowest profit margins of any industry.
minus-squaredeadsenator@lemmy.calinkfedilinkarrow-up10·10 months 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-up5arrow-down1·edit-210 months 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.