I think he's Warren Buffett.ONEPERCENTER is a message board billionaire.So the store doesn't generate enough to pay employees, but all the stores generate enough to pay all the employees.That doesn't address the question.
1. Does the operator set the wages at his store or does corporate set them?
2. Net is not gross. There's a difference, and one would expect a business owner to know that. Nice though, that you acknowledge an owner isn't getting rich off his franchise. Kind of blows your whole argument that fast food is making huge profits out of the water.
1. In this instance it appears the operator set the wages, but more importantly, corporate pays the bill.
2. Revenue is the total amount of monies a business brings due to sales. A Chick operator is NOT an owner. Chick makes HUGE profits.
IOW, this one owner is going to try paying more, and from that you extrapolate that all of fast food can afford to do it. Do you realize how ridiculous that is?
Answer this. If you're a business owner, and fast food is so profitable, why don't you own a bunch of stores?
How do you know that the store doesn't generate enough Revenue to pay its employees?
I currently own five businesses that provide service and product to the government and corporations, it's recession-proof.
I've Angel invested numerous restaurants, so I know what the profit margin is and I know the profit potential.
I'm going with Warren Buffoon.