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AskWhyMoreOften t1_iui0jhu wrote

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

That might be GROSS. Not profit.

I’m not cherry picking anything, I’m going off your numbers that you have zero data on. If you really think McDonalds franchisee owners make $7mil PROFIT, wouldn’t everyone be lining up to own a McDonalds store? It only costs a $45,000 fee plus you need $500,000 in liquid assets, but according to this website you need to expect to spend $1mil to $2.5mil to start out with. But if you’re going to make millions in profit every year, what’s a $1mil-$2mil to start out with, matter anyways! Right?

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RunnyDischarge t1_iui1qjj wrote

Don't bother with this moron, they don't even understand the difference between sales and profit.

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laxmolnar OP t1_iui26dj wrote

No. I said profit and I meant profit.

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A high-volume restaurant can and will pull in a ton + a good accountant annnnd big profits.

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You do however, seem to not understand what an "estimation" is - it's not facilitating accuracy, its literally just a frame of reference for the conversation at hand.

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Also - y'all quote too much shit that isn't accurate or simply cherrypicked to create the fallacy of accuracy. You need $$$ relative to where corporate McDonald's has mapped out what they think is a good spot for a new franchise. Profits are based on the local area as well and your accounting methods.

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