Restaurant die-off is first course of California’s $15 minimum wage

Yep, guess McDonald's doesn't profit from those stores just because they're owned by a franchisee... Again, I was right, a string of retarded posts by you.

-McDonalds doesn't make huge profits.
-The free market won't eliminate expensive restaurants.
- The owner of the restaurant needs to drive a Porche or else he's considered "poor."


Here is a example ignoramus..

The Average Profit Margin for a Restaurant






Full-Service Restaurants
Full-service restaurants at all levels spent about 32 percent of each dollar on the cost of food and beverages, 33 percent on salaries and wages, and from 5 percent to 6 percent on restaurant occupancy costs. Profit margins, however, varied according to the cost of the average check per person. Those with checks under $15 showed a profit of 3 percent. Those with checks from $15 to $24.99 boasted the highest profit margin at 3.5 percent. Finally, those with checks of $25 and over had the lowest profits, at 1.8 percent.

.

Your little link says full service restaurants have an average profit of 3%-3.5% on checks between $15-$25, but then 1.8% on checks over $25. There's no reason for a profit margin to shrink if the check is higher. Your source sucks and is bull shit.



It's the real world kid , like I said go to any small town USA and show me where are all the porshes , or mansions from these rich McDonald's , arbys, pizza hut owners?



You stupid.


.

Most of the restaurants you referred to are multi units and everyone I know that has multiple units of the above restaurants live in a mansion and dive two or 3 mercedes and also own condos on the beaches. Not many one unit ff restaurant owners out there anymore.
LOL, too many downers. Get sober and read your posts.

Well they do dive into their Mercedes lol.
 
Restaurants rarely go out of business because of price. If the food is good, people will go there to eat. Restaurants fail all the time. Price of food is at the very bottom of the list of reasons of failure.

Asking business owners to pay people a livable wage isn't unreasonable. If a business owner cannot afford to pay people a livable wage, then perhaps they shouldn't be running a business.

Yeah, sole reason that business exists is to support people needs.

"Livable wage"... LOL.

I need around $150K annually. Are you ready to pay that up?
 
Maybe they should not pass the wage increase on to the consumer. Sooner or later these business owners need to take the hit.

They're trying. More and more fast food places are implementing self-service kiosks here in California. I don't blame them either.

I so doubt that this is due to the wage increase, shame on them for paying min wage in the state to begin with. The cost of living is high in San Diego, and that is all they make. There comes a time when the worker just needs to say hell with it when the business owners want to get rich off their backs. I bet they do not even cost share health insurance. Self serve, well we all know waitresses do not make min wage.

Why worker doesn't do it? It's not like worker is held on gun point and forced to work.
Try to quit and collect unemployment in any at-will employment State in our Union.

Why not jail employers who don't hire everybody that applies, in right to work States.
 
Restaurants rarely go out of business because of price. If the food is good, people will go there to eat. Restaurants fail all the time. Price of food is at the very bottom of the list of reasons of failure.

Asking business owners to pay people a livable wage isn't unreasonable. If a business owner cannot afford to pay people a livable wage, then perhaps they shouldn't be running a business.



Another one against jobs


.

I'm not against jobs, but you have to pay people a livable wage.

Have to?

What's the alternative?
 
Restaurants rarely go out of business because of price. If the food is good, people will go there to eat. Restaurants fail all the time. Price of food is at the very bottom of the list of reasons of failure.

Asking business owners to pay people a livable wage isn't unreasonable. If a business owner cannot afford to pay people a livable wage, then perhaps they shouldn't be running a business.

Yeah, sole reason that business exists is to support people needs.

"Livable wage"... LOL.

I need around $150K annually. Are you ready to pay that up?
Social services cost around fourteen dollars an hour.
 
Restaurant die-off is first course of California’s $15 minimum wage

In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”

The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.

Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

A recent study by Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research found that every $1 hike in the minimum wage brings a 14 percent increase in the likelihood of a 3.5-star restaurant on Yelp! closing.

Another telltale is San Diego, where voters approved increasing the city’s minimum wage to $11.50 per hour from $10.50, this after the minimum wage was increased from $8 an hour in 2015 – meaning hourly costs have risen 43 percent in two years.

The cost increases have pushed San Diego restaurants to the brink, Stephen Zolezzi, president of the Food and Beverage Association of San Diego County, told the San Diego Business Journal. Watch for the next mass die-off there...

Luckily, I live in the central coast area between L.A. and San Francisco, so this area hasn't gone as extreme left as those parts of California.

You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
 
Maybe they should not pass the wage increase on to the consumer. Sooner or later these business owners need to take the hit.

They're trying. More and more fast food places are implementing self-service kiosks here in California. I don't blame them either.

I so doubt that this is due to the wage increase, shame on them for paying min wage in the state to begin with. The cost of living is high in San Diego, and that is all they make. There comes a time when the worker just needs to say hell with it when the business owners want to get rich off their backs. I bet they do not even cost share health insurance. Self serve, well we all know waitresses do not make min wage.

Why worker doesn't do it? It's not like worker is held on gun point and forced to work.
Try to quit and collect unemployment in any at-will employment State in our Union.

Why not jail employers who don't hire everybody that applies, in right to work States.

You never could quit a job and collect unemployment. You have to be laid off. At will states, it really has been that way all along, as management can change your job description so you leave, that is what they do or they fire you or lay you off. No job is secure.
 
Restaurant die-off is first course of California’s $15 minimum wage

In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”

The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.

Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

A recent study by Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research found that every $1 hike in the minimum wage brings a 14 percent increase in the likelihood of a 3.5-star restaurant on Yelp! closing.

Another telltale is San Diego, where voters approved increasing the city’s minimum wage to $11.50 per hour from $10.50, this after the minimum wage was increased from $8 an hour in 2015 – meaning hourly costs have risen 43 percent in two years.

The cost increases have pushed San Diego restaurants to the brink, Stephen Zolezzi, president of the Food and Beverage Association of San Diego County, told the San Diego Business Journal. Watch for the next mass die-off there...

Luckily, I live in the central coast area between L.A. and San Francisco, so this area hasn't gone as extreme left as those parts of California.

You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
You new to our New World economy?

America has near record 5.8 million job openings

You need New World excuses not Old World excuses.
 
Maybe they should not pass the wage increase on to the consumer. Sooner or later these business owners need to take the hit.

They're trying. More and more fast food places are implementing self-service kiosks here in California. I don't blame them either.

I so doubt that this is due to the wage increase, shame on them for paying min wage in the state to begin with. The cost of living is high in San Diego, and that is all they make. There comes a time when the worker just needs to say hell with it when the business owners want to get rich off their backs. I bet they do not even cost share health insurance. Self serve, well we all know waitresses do not make min wage.

Why worker doesn't do it? It's not like worker is held on gun point and forced to work.
Try to quit and collect unemployment in any at-will employment State in our Union.

Why not jail employers who don't hire everybody that applies, in right to work States.

You never could quit a job and collect unemployment. You have to be laid off.
Why is that? Employment is supposed to be, at-will. Why the "red tape restriction" on at-will employment Only for Labor.
 
Restaurant die-off is first course of California’s $15 minimum wage

In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”

The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.

Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

A recent study by Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research found that every $1 hike in the minimum wage brings a 14 percent increase in the likelihood of a 3.5-star restaurant on Yelp! closing.

Another telltale is San Diego, where voters approved increasing the city’s minimum wage to $11.50 per hour from $10.50, this after the minimum wage was increased from $8 an hour in 2015 – meaning hourly costs have risen 43 percent in two years.

The cost increases have pushed San Diego restaurants to the brink, Stephen Zolezzi, president of the Food and Beverage Association of San Diego County, told the San Diego Business Journal. Watch for the next mass die-off there...

Luckily, I live in the central coast area between L.A. and San Francisco, so this area hasn't gone as extreme left as those parts of California.

You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
You new to our New World economy?

America has near record 5.8 million job openings

You need New World excuses not Old World excuses.

Boot 10 million illegal aliens, low skill Americans would earn more.
 
Restaurant die-off is first course of California’s $15 minimum wage

In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”

The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.

Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

A recent study by Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research found that every $1 hike in the minimum wage brings a 14 percent increase in the likelihood of a 3.5-star restaurant on Yelp! closing.

Another telltale is San Diego, where voters approved increasing the city’s minimum wage to $11.50 per hour from $10.50, this after the minimum wage was increased from $8 an hour in 2015 – meaning hourly costs have risen 43 percent in two years.

The cost increases have pushed San Diego restaurants to the brink, Stephen Zolezzi, president of the Food and Beverage Association of San Diego County, told the San Diego Business Journal. Watch for the next mass die-off there...

Luckily, I live in the central coast area between L.A. and San Francisco, so this area hasn't gone as extreme left as those parts of California.

You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
You new to our New World economy?

America has near record 5.8 million job openings

You need New World excuses not Old World excuses.

Boot 10 million illegal aliens, low skill Americans would earn more.
Move Up or Out, slackers.
 
They're trying. More and more fast food places are implementing self-service kiosks here in California. I don't blame them either.

I so doubt that this is due to the wage increase, shame on them for paying min wage in the state to begin with. The cost of living is high in San Diego, and that is all they make. There comes a time when the worker just needs to say hell with it when the business owners want to get rich off their backs. I bet they do not even cost share health insurance. Self serve, well we all know waitresses do not make min wage.

Why worker doesn't do it? It's not like worker is held on gun point and forced to work.
Try to quit and collect unemployment in any at-will employment State in our Union.

Why not jail employers who don't hire everybody that applies, in right to work States.

You never could quit a job and collect unemployment. You have to be laid off.
Why is that? Employment is supposed to be, at-will. Why the "red tape restriction" on at-will employment Only for Labor.

Employment is supposed to be, at-will.

But not forced.
Why should an employer have to hire a useless stoner like you who can't even pass the drug screening?
 
Restaurant die-off is first course of California’s $15 minimum wage

In a pair of affluent coastal California counties, the canary in the mineshaft has gotten splayed, spatchcocked and plated over a bed of unintended consequences, garnished with sprigs of locally sourced economic distortion and non-GMO, “What the heck were they thinking?”

The result of one early experiment in a citywide $15 minimum wage is an ominous sign for the state’s poorer inland counties as the statewide wage floor creeps toward the mark.

Consider San Francisco, an early adopter of the $15 wage. It’s now experiencing a restaurant die-off, minting jobless hash-slingers, cashiers, busboys, scullery engineers and line cooks as they get pink-slipped in increasing numbers. And the wage there hasn’t yet hit $15.

As the East Bay Times reported in January, at least 60 restaurants around the Bay Area had closed since September alone.

A recent study by Michael Luca at Harvard Business School and Dara Lee Luca at Mathematica Policy Research found that every $1 hike in the minimum wage brings a 14 percent increase in the likelihood of a 3.5-star restaurant on Yelp! closing.

Another telltale is San Diego, where voters approved increasing the city’s minimum wage to $11.50 per hour from $10.50, this after the minimum wage was increased from $8 an hour in 2015 – meaning hourly costs have risen 43 percent in two years.

The cost increases have pushed San Diego restaurants to the brink, Stephen Zolezzi, president of the Food and Beverage Association of San Diego County, told the San Diego Business Journal. Watch for the next mass die-off there...

Luckily, I live in the central coast area between L.A. and San Francisco, so this area hasn't gone as extreme left as those parts of California.

You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
You new to our New World economy?

America has near record 5.8 million job openings

You need New World excuses not Old World excuses.

Boot 10 million illegal aliens, low skill Americans would earn more.
Move Up or Out, slackers.

Yup, move them illegals out.
 
I so doubt that this is due to the wage increase, shame on them for paying min wage in the state to begin with. The cost of living is high in San Diego, and that is all they make. There comes a time when the worker just needs to say hell with it when the business owners want to get rich off their backs. I bet they do not even cost share health insurance. Self serve, well we all know waitresses do not make min wage.

Why worker doesn't do it? It's not like worker is held on gun point and forced to work.
Try to quit and collect unemployment in any at-will employment State in our Union.

Why not jail employers who don't hire everybody that applies, in right to work States.

You never could quit a job and collect unemployment. You have to be laid off.
Why is that? Employment is supposed to be, at-will. Why the "red tape restriction" on at-will employment Only for Labor.

Employment is supposed to be, at-will.

But not forced.
Why should an employer have to hire a useless stoner like you who can't even pass the drug screening?
Because, employment is "forced" if I can't quit on an at-will basis and collect unemployment compensation. Equality, right wingers.
 
You know you could just get illegal Mexicans to do it, if you want it cheap. Then there'd be lots more food places. But for some reason you have a problem with Mexicans working illegally, but you don't have a problem with Americans working for too little money. Hmmm.

Boot 10 million illegal aliens, low skill Americans would earn more.
You new to our New World economy?

America has near record 5.8 million job openings

You need New World excuses not Old World excuses.

Boot 10 million illegal aliens, low skill Americans would earn more.
Move Up or Out, slackers.

Yup, move them illegals out.
they are trying to "move up", over here. only the right wing is for, "lack of opportunity".
 

Forum List

Back
Top