News for hackers. Stuff that matters.

A comment on Labor shortage or terrible jobs?. Parent comment

Re:Labor shortage or terrible jobs? by fwip on Saturday May 01, 2021 @12:17AM (#27003042)
A 10% profit can be a lot, if like many restaurants you're pulling $5-10k in revenue in a day. Many owners own multiple restaurants, too.
[ Parent | on HN ]
Re:Labor shortage or terrible jobs? by throwawayboise on Saturday May 01, 2021 @02:56AM (#27003953)
It's a hugely risky business, especially if you're not a national chain. Most mom-and-pop restaurants don't last long. 10% isn't that big a return for that kind of risk.
[ Parent | on HN ]
Re:Labor shortage or terrible jobs? by fwip on Sunday May 02, 2021 @12:12PM (#27016413)
It's not a 10% return on investment, it's 10% profit.
[ Parent | on HN ]