https://www.bloomberg.com/news/articles/2022-06-01/a-third-of-americans-making-250-000-say-costs-eat-entire-salary

  • Anemasta [any]
    ·
    edit-2
    2 years ago

    Interesting. I've just looked it up and supposedly one Subway restaurant costs around $250k to start and generates about $30k of profit a year.

    • jabrd [he/him]
      ·
      2 years ago

      Start up costs sound high and profitability sounds low but subway was a stand in, it’s not the industry I’m familiar with. If you roughly halved the start up cost that sounds more accurate to me and honestly I wonder if the profits sound lower because the owners are “paying themselves a salary” which obfuscates what’s really coming over the bottom line

      • Anemasta [any]
        ·
        2 years ago

        Those profits do sound surprisingly low.