Shure, the owner is raking it in. Except if you have been to a food store and scene that the price of virtually everything has close to doubled in the past five years. That relates to wholesale prices as well. Also the massive government interference in the job market, LIKE O’Bumbler care, new regulations on food service, employment, significantly higher taxes on property, sales and government services. Don’t forget, the owner is paying payroll taxes on 8% of the employees sales on top of the wage.
Restaurants are a highly risky bet, One bone chip in a chicken salad sandwich, or an olive pit in an olive sandwich and some lawyer has you bent over. Add to that the fact that you have to buy right, price right, advertise right, and some how get the right amount and mix of people into the joint in the first place.
If the owner paid minimum wage or greater, the prices would increase a minimum of 35% making the 2 for $20 more like a 2 for $35. That is a Hell of a lot more than 15-20% on good service. If the service is poor, I tip less, maybe 10 - 12%, or I tell the waiter about it. That will generally lead to a manager talking to you and giving a deal or a free meal. Even than I tip for the wait staff. Most of them are working pretty hard and as long as they are nice and try to do well, they deserve a reasonable tip.
Well, let’s see, Wendy’s, Burger king and all of those rest, charge less,have the same liability but pay more to their employees and they pay low. So where is that big price difference if it isn’t given to the workers!!!!