Submitted by laxmolnar t3_yiagdj in Connecticut
AskWhyMoreOften t1_iuhpi7e wrote
What local McDonalds do you know of that is pulling $7mil in profits?
And even with the info on how much each individual McDonalds franchisee is making, what is that someone, going to do with that info? The sad reality is you’re not going to really negotiate to be paid higher when they have no problem replacing you.
AhbabaOooMaoMao t1_iuiklc9 wrote
OP was saying it should be required.
I think if an employee of any company is relying on state income-based benefits, that amount of the benefits should be added on to the company's tax liability at the end of the year.
AskWhyMoreOften t1_iuio6gy wrote
So what does that do for the employee? How does that help the employee to bargain a raise with said company? This persons post isn’t making a lot of sense and seeing their other comments in this post, it’s becoming more and more clear of that.
laxmolnar OP t1_iuirzuk wrote
If my post doesn’t make sense. I recommend going back to school as others found it easy to understand.
Transparency allows someone to say “i want a raise” and when many employees say “this is unfair”
We get unions!!!!! Now, how was my thought pointless? Or do you just struggle w thinking?
RunnyDischarge t1_iujb5yx wrote
You can say "I want a raise" without transparency. Transparency isn't going to give an employee, especially an unskilled one, any leverage.
We have unions without transparency.
laxmolnar OP t1_iuirqrl wrote
Yo thats an awesome idea!!!
Like brilliant, they pass the puck to the government, government passes it back.
Almost like “we finance this now” and “you pay us back at tax season”
IndicationOver t1_iuhqvnq wrote
>What local McDonalds do you know of that is pulling $7mil in profits?
I don't know which one exactly but that is not far fetched.
I'm sure there is a location in the state that pulls in that much, maybe one the truck stops who knows. McDs pulls in 3m-9m on the high end for the range
RunnyDischarge t1_iuhrpwo wrote
Sales <> profits
https://www.franchise.city/mcdonalds-franchises
How much did a McDonald’s Restaurant make in 2020? Of the approximately 11,821 domestic traditional franchised McDonald’s restaurants that opened for at least one year as of December 31, 2020, approximately 77% had annual sales volumes in excess of $2,300,000; approximately 69% had annual sales volumes in excess of $2,500,000; and approximately 60% had annual sales volumes in excess of $2,700,000.
The average annual sales volume was $3,003,000 during 2020. So the average franchisee’s make with a McDonald’s is 3 million (gross numbers all your expenses come out of that).
The highest-grossing McDonald’s location, the location that generated the highest sales did $9,238,000. Their top location did not break 10 million in 2020. Their lowest revenue location generated only $272,000! McDonald’s also closed over 60 locations in 2020 and have closed triple digits of restaurants since 2017.
laxmolnar OP t1_iuhxslp wrote
Bro,
Do you enjoy cherry picking statistics when most franchises were in complete lockdown?
Like shut the fuck up. You comment twice to share useless information and you are the exact kind of person that makes discourse unbearable.
No matter what I say, you'll only look for information to defend your desired reality when its built on your own stupidity.
RunnyDischarge t1_iuhyfoo wrote
Go fuck yourself, asshole.
laxmolnar OP t1_iuhznsn wrote
Seems like when someone provides a clear, counterpoint - you get angry and call them names lol? I remember kids doing that
Is that normal behavior?
laxmolnar OP t1_iuhxblf wrote
Exactly!
They have their fixed costs and if the volume consistently supersedes it, then they make soooo much money. Especially when you have a skilled accountant - hell if a bun falls on the ground, you can write it off at full sale value.
RunnyDischarge t1_iui2csu wrote
>you can write it off at full sale value.
LOL fucking moron doesn't even know what 'write off' means. Jesus h christ.
laxmolnar OP t1_iui2py2 wrote
Please calm down with all the posts, you seem way to agitated over comments on the internet.
Writing off "spoiled/damaged goods" on your taxes?
RunnyDischarge t1_iui7sl6 wrote
Stick a written off bun up your ass.
laxmolnar OP t1_iuhx4j2 wrote
McDonald's I worked at when I was 16 made 3.3 mil year on a fairly busy route --> scaled up it would be around 7 mil, easily.
​
Y'all cherry pick my clear "estimation" as if you don't understand that an estimate is not a statement of accuracy, but one to create a frame of reference. People who comment on shit they know nothing about are the worst.
AskWhyMoreOften t1_iui0jhu wrote
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?
RunnyDischarge t1_iui1qjj wrote
Don't bother with this moron, they don't even understand the difference between sales and profit.
laxmolnar OP t1_iui26dj wrote
No. I said profit and I meant profit.
​
A high-volume restaurant can and will pull in a ton + a good accountant annnnd big profits.
​
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.
​
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.
AskWhyMoreOften t1_iui6hqx wrote
Lol ok.
RunnyDischarge t1_iuhyk7d wrote
You are a dolt. Just a moron. Y'all stupid as fuck.
laxmolnar OP t1_iuhzh4z wrote
Explain how I'm a dolt, moron, and saf.
Try not quoting another as well lol
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