Posted on 08/22/2017 2:52:15 AM PDT by Cronos
I'm on a budget. I can't afford to pay $15 for two or three pieces of spicy fried chicken and a biscuit.
Sorry, but there is a dilemma both ways!
Popeyes can't survive if they raise their prices too high.
Does the left think consumers should be forced to pay more? Do they think Popeyes makes too much profit?
If so, they're delusional!!!
Fast food is extremely competitive. People will naturally go where the prices are cheap, the food is tasty and the service quick and friendly.
Miss any of those and you'll lose your business.
I am pleased to say that our commitment to excellence has paid off. Since 2008, we have built 1,236 new restaurants globally, including 552 internationally. We have posted seven consecutive years of global same-store sales increases. Average domestic unit volumes have grown from just under $1 million to nearly $1.4 million. We have nearly doubled domestic franchise Restaurant Operating Profits (ROP) from $177,000 in 2008 to $340,000 in 2015. Perhaps most importantly, we have grown our share of the Chicken Quick Service Restaurant (CQSR) market from just 14.8 percent in 2008 to 25.5 percent in 2015.
well, the dude walking away wasn’t her issue, many dudes father kids and turn their backs.
With gross sales of $1.4 million on average, that's about $140k from $340k.
Also, that doesn't include any business loan interest.
3.5%-4% on $1 Million = another $35k
Also, the franchisee has to agree x amount of stores in a market, with a timetable to add those stores. So profits roll right into another project.
Also what is not discussed is the 3-5 years that it takes to get a store truly running.
Popeyes wants $1,000,000 of liquid assets, to start, just one store, in order to operate the business, until it is self sufficient.
Actually, IT IS her issue.
Whether or not the father is in the picture, it's HER RESPONSIBILITY to provide for the kids.
It's not the employers responsibility to pay her what she wants.
The employer pays what the market will bear.
If the job doesn't meet her needs, she needs to find a job that will.
Do you know what ‘average’ means? Do you know the difference between “Restaurant Operating Profits” and “EBITDA” (earnings before interest, taxes, depreciation and amortization)?
Working non-government taxpayers supporting the indolent is economic slavery...
Unlike you I referenced the actual documentation from Popeyes. Your documentation was pulled from your butt.
Me too. I've never had its equal! I used to get it with double sauce, extra-everything (including onions.) I smelled like the sauce and onions for 2 days after eating one, and it was worth it!
Mark
We have nearly
doubled domestic franchise Restaurant Operating
Profits (ROP) from $177,000 in 2008 to $340,000 in
2015. Perhaps most importantly, we have grown our
share of the Chicken Quick Service Restaurant (CQSR)
market from just 14.8 percent in 2008 to 25.5 percent
in 2015.
From note 6: Restaurant Operating Profits are calculated by subtracting Operating expenses from Sales, Operating expenses consist of the following major items: Food and Paper Costs. Labor Costs, Controllable Expenses, Marketing Expenses, Non-controllable Expenses
Operating Expenses do not include any non-cash expenses such as depreciation, gains and losses on the sale of assets, deferred gains, impairment or disposal of assets and amortization.
business value, franchise fees, or loan fees.
So, yes I believe the gross profit margin as reported.
restaurant operating profit vs net profit
Yes and her kids are much younger than this. It does signify a lack of ambition at the very least.
The blame for this woman’s predicament lies with everyone BUT the people the article is trying to blame.
Good comment. thanks!
Once its started, the prices will collapse.
>>A burger bot should be easy enough to put together — standardized buns, cheese, burgers (+ fry time on each side + a tester to check it is cooked through), tomatoes cut exactly, lettuce precisely and the designated squirt of tomato sauce.
“That automated machine should be easy to design and build” is the easy half of the equation.
Black, Mean IQ = 88.67
Hispanic, Mean IQ = 91.63
Asian, Mean IQ = 106.07
Other*, Mean IQ = 98.93
.
The thing is that there are still going to be dumb Asians and very smart blacks -- its only the "averages" that are so off
To be fair — it’s now easier to get a good, long-lasting smart phone than a non-smart phone.
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