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IndicationOver t1_iuhqvnq wrote

Reply to comment by AskWhyMoreOften in CT Private Business should be required to share income with their employees by laxmolnar

>What local McDonalds do you know of that is pulling $7mil in profits?

I don't know which one exactly but that is not far fetched.

I'm sure there is a location in the state that pulls in that much, maybe one the truck stops who knows. McDs pulls in 3m-9m on the high end for the range

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RunnyDischarge t1_iuhrpwo wrote

Sales <> profits

https://www.franchise.city/mcdonalds-franchises

How much did a McDonald’s Restaurant make in 2020? Of the approximately 11,821 domestic traditional franchised McDonald’s restaurants that opened for at least one year as of December 31, 2020, approximately 77% had annual sales volumes in excess of $2,300,000; approximately 69% had annual sales volumes in excess of $2,500,000; and approximately 60% had annual sales volumes in excess of $2,700,000.

The average annual sales volume was $3,003,000 during 2020. So the average franchisee’s make with a McDonald’s is 3 million (gross numbers all your expenses come out of that).

The highest-grossing McDonald’s location, the location that generated the highest sales did $9,238,000. Their top location did not break 10 million in 2020. Their lowest revenue location generated only $272,000! McDonald’s also closed over 60 locations in 2020 and have closed triple digits of restaurants since 2017.

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laxmolnar OP t1_iuhxslp wrote

Bro,

Do you enjoy cherry picking statistics when most franchises were in complete lockdown?

Like shut the fuck up. You comment twice to share useless information and you are the exact kind of person that makes discourse unbearable.

No matter what I say, you'll only look for information to defend your desired reality when its built on your own stupidity.

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RunnyDischarge t1_iuhyfoo wrote

Go fuck yourself, asshole.

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laxmolnar OP t1_iuhznsn wrote

Seems like when someone provides a clear, counterpoint - you get angry and call them names lol? I remember kids doing that

Is that normal behavior?

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laxmolnar OP t1_iuhxblf wrote

Exactly!

They have their fixed costs and if the volume consistently supersedes it, then they make soooo much money. Especially when you have a skilled accountant - hell if a bun falls on the ground, you can write it off at full sale value.

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RunnyDischarge t1_iui2csu wrote

>you can write it off at full sale value.

LOL fucking moron doesn't even know what 'write off' means. Jesus h christ.

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laxmolnar OP t1_iui2py2 wrote

Please calm down with all the posts, you seem way to agitated over comments on the internet.

Writing off "spoiled/damaged goods" on your taxes?

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