All of those points are irrelevant to the current price increases that took place on April 1st

When prices on inputs go up, costs get passed along to the consumer, especially in thin margin businesses like restaurants that earn like a 5% net margin. If you can't understand this I can't help you.

I understand how business works lol. Not sure if you’re intentionally trying to downplay this, but the two establishments I listed have high profit margins. Jersey Mike’s profit margin is around 15%, and In-n-out has an average of 20% and goes as high as 30% depending on the franchise. You cannot justify a 25% price increase(Oh and they accept tips, so an exponential increase if you decide to do so)on JMs because no other input is affected besides a $1.25 wage increase. In-n-out had no input increase but decided to increase prices anyway

You shouldn’t even be mentioning a 5% margin because this bill only affects fast food establishments with more than 60 locations in the US, which basically eliminates low margin restaurants being affected(McDonalds is exempt due to having a bakery)

This post was edited by MrSK on Apr 5 2024 07:22pm

Last time I went to McDonalds, a Big Mac was $6, and they're making them... smaller.

/thread

I make more than a McDonald's worker doing a much easier job that isn't customer service oriented. They deal with so much garbage I always thought it was rly funny that people think "flipping burgers" is the only thing a fast food worker has to do( my edit is to explain that I feel like my job should pay less but because of the industry I work for it pays more because reasons)

This post was edited by blahaj on Apr 5 2024 09:18pm