Viewing a single comment thread. View all comments

RunnyDischarge t1_iuhreaf wrote

https://work.chron.com/average-income-fast-food-franchise-owners-24587.html

Franchisers and many franchisees alike are cagey about declaring their net incomes. But a 2013 report from Franchise Business Review dug down into the numbers and came up with a net profit of $66,000 per franchise. McDonald's did much better with an average of around $150,000 per restaurant. But when you consider that a McDonald's franchise costs more than $1 million and can easily run more than $2 million, even McDonald's doesn't generate excellent average returns on investment. The fast-food franchise business is tough, and success doesn't come easy.

https://www.mashed.com/178309/how-much-mcdonalds-franchise-owners-really-make-per-year/

Some McDonald's franchise owners are naturally going to make more than others, but most franchise owners still pull in an estimated yearly profit of roughly $150,000 (via Fox Business). A profit of $150,000 after $2.7 million in sales isn't even 6 percent, but after food cost, supplies, crew payroll, and about a dozen other costs handed down by corporate, that's what franchisees are left with

5

laxmolnar OP t1_iuhwse8 wrote

So using articles, that reference other articles, that don't actually reference where they got their numbers from, is pretty dumb.

​

Go read your own articles and stop throwing up BS on my post as you clearly have no knowledge of accounting. "profits" are what accounts look to legally hide and its actually super easy to do.

−11

TywinShitsGold t1_iui46gu wrote

Another person who doesn’t think expenses and costs are real but wants to mandate how business work.

Sigh.

6

laxmolnar OP t1_iuikixj wrote

Did I say that?

​

No, I didn't.

​

Modern businesses w large enough revenue don't need profits though, that is true.

0