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Re:WeWTF by glaive123 on Saturday August 17, 2019 @04:33PM (#20726165)
Starbucks also has incredible gross margins of close to 60%. Almost as high as a SaaS business (70-95%).

WeWork has 10-15% gross margins.

"Gross margin is a company's net sales revenue minus its cost of goods sold (COGS). The gross margin represents the amount of sales revenue that the company retains after incurring the direct costs associated with producing the goods and services it sells."

Re:WeWTF by dyarosla on Saturday August 17, 2019 @05:12PM (#20726430)
Starbucks does not have more competitive gross margins than Local Coffee Co. would to be a big enough differentiator.