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Greedy Employers Retaliate Against Minimum Wage Increase
#15
BoFox:

https://startupnation.com/community/view...php?t=8830

Quote:If you have a store that is merely average you should profit in the ballpark of $80k/yr.

From a guy who owns 3 Subways.

https://www.quora.com/How-much-does-the-...-owner-net

Quote:The average store in the US does a little shy of $8,000/week. So for easy round numbers lets say the average store does $400k/year. It is relatively easy to pull 20% profit if you keep an eye on the business. I averaged 22.63% for the first quarter this year and I was in my stores an average of 10 hours or less per week so 20% is not that hard.

I don't consider families with $80k income "wealthy" or think they can spare $50K.

YOU probably make around $150K based on what you have said here, how would it work out for you if your family lost $50K of income due to a new law?
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RE: Greedy Employers Retaliate Against Minimum Wage Increase - by RolloTheGreat - 06-09-2016, 05:33 PM

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