06-09-2016, 04:45 AM
(06-08-2016, 11:22 PM)RolloTheGreat Wrote: I've got news SteelCrysis:
Average Subway sub shop franchise owner makes $80-$120K a year. (And had to invest $170- $250K to open)
Let's say they have the equivalent of five full time employees and this averages out to paying each $5/hour more, $1000/week more in labor cost.
Subtract that $52,000 from $80 - $120,000 per year and now the average wage of Subway owners is $28K-$68K.
Who the FUCK is going to invest $200,000, take on the hassle of low end employees, to earn $30-$70K a year?
The "$15 is fair" knuckleheads aren't realizing:
A. Money has to come from somewhere, and it's probably not the guy who has a choice.
B. Public might not want to pay $10/sub
C. Lots of skilled employees making $40-$50K might rightly say "WTF? These guys make $30K to slap ham on bread and mop floors. My skillset should be worth more than $10K over that!"
D. Even if they made minimum $60K a year, prices would rise accordingly with supply of money and the $60K would be worth what $25K is now. (their rents and cost of locally provided services would rise)
Business has brought this Wrath upon themselves by keeping minimum wage down at $7 for what nearly 20 years?
Come on
