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Yes, you are. And the business owner should know that to exist in a high-cost market, they need to be higher end.
by Mikeb85 8y ago
Yes, you are. And the business owner should know that to exist in a high-cost market, they need to be higher end.
- scarface74 8y agoCan a fast food chain restaurant exist in such a market?
- leetcrew 8y agoaccording to google maps, there are about ten mcdonald's restaurants in SF, so I would argue yes.
- scarface74 8y agoHow can they afford the labor?
- Mikeb85 8y agoMaybe, with high enough turnover. Of course franchise fees kill margins, and you need to sell an awful lot of Big Macs to equal the kind of revenue a 1500 sq. ft. fine dining restaurant can do in a year. There's far more high end restaurants downtown in my city than there are fast-food franchises.