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re: Chick-Fil-A Operator Income
Posted on 3/20/17 at 1:31 pm to dabigfella
Posted on 3/20/17 at 1:31 pm to dabigfella
My dad is a fast food restaurant owner/operator...I have some knowledge on subject.
I would guess there is almost no person who makes $2.4M in personal profit from a SINGLE fast food restaurant. Yes, there are operators who own multiple restaurants who probably make that much. But not off of one location.
Also, you referenced a truck stop that makes 20M a year. A good Chikfila will make $4M a year. Little different scenarios and comparing apples to oranges, really.
I would guess there is almost no person who makes $2.4M in personal profit from a SINGLE fast food restaurant. Yes, there are operators who own multiple restaurants who probably make that much. But not off of one location.
Also, you referenced a truck stop that makes 20M a year. A good Chikfila will make $4M a year. Little different scenarios and comparing apples to oranges, really.
This post was edited on 3/20/17 at 1:34 pm
Posted on 3/20/17 at 1:34 pm to tiger rag 93
That's great that your dad is a fast food operator. Im a convenience store operator so I have stores that fast food included. I have one with a subway and a burger king. I know stores that do net $2M+ annually. You ever see the massive truck stops? Those all net that, the margins on inside sales are 50% they easily do $250/k month in inside sales on a large freeway. They sell a ton of water which cost .10 2 for $1 whats the margin on that? They have an attached fast food place that does $100-200k in sales, whats the net on that? What's the net on their slots? 30% typically.
Im not sure what your dad owns but I own 5 stores and I know what these stores make.
Im not sure what your dad owns but I own 5 stores and I know what these stores make.
This post was edited on 3/20/17 at 1:36 pm
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