Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: central_va

Let’s do some math.

Avg of 6 people working.

Open 10:30am - 10 pm.
That’s 11-1/2 hours.
Plus open and close, about another 1-1/2 hours.
That’s 13 hours x 6 people = 78 man hours a day

78 hours x an extra $5 an hour = $390
add 7.65% for FICA taxes = $30
add about another 20% for unemployment= $78

That’s $500 a day.
$500 x 364 days a year= $182,000

Popeyes averages $1,053,000 in sales per store a year.


91 posted on 08/22/2017 6:14:16 AM PDT by mountn man (The Pleasure You Get From Life, Is Equal To The Attitude You Put Into It)
[ Post Reply | Private Reply | To 49 | View Replies ]


To: mountn man
Even as we grew at a record pace, our focus on working with franchisees to increase efficiencies and manage costs drove domestic restaurant operating profit margins up to 23 percent, which translates to average profits of $340,000 per location. There’s simply never been a better time to own a Popeyes restaurant — and our franchisees couldn’t agree more. In a recent survey, nearly 95 percent of our franchise owners said they would invest in Popeyes again.

Ref link:2015 asset report

96 posted on 08/22/2017 6:26:40 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
[ Post Reply | Private Reply | To 91 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson