A Fatburger franchisee in Los Angeles shares survival strategies as California chains brace for $20-an-hour wage for fast-food workers in April.
  • corsicanguppy@lemmy.ca
    01·
    10 months ago

    Fun facts:

    • fast food margins are really thin. Not razor thin, but very thin
    • the biggest single outlay is labour. It’s a huge percentage, and I remember it to be like 35% of costs
    • a 25% bump is not insignificant to the biggest cost with margins so thin

    I invite someone with more recent time in fast food who knows better to correct me. My experience is 25 years old and I only got as high as shift manager before I got a better job related to my field.