2 ms·
"people will pay $20 for a good sandwich." Some people will pay for a Bentley. Doesn't mean a lot of people will. Best example might be In-N-out burger, that
by bruceb 5y ago
"people will pay $20 for a good sandwich."
Some people will pay for a Bentley. Doesn't mean a lot of people will.
Best example might be In-N-out burger, that is relativity good quality for the price that is accessible to most people, and compensates their employees relativity well, though they work super hard. . But I don't know what their margins are
- genewitch 5y agoIn n out burgers are half the radius they were in 1995-2000. So it makes sense they can charge the same prices. They also paid >$9/hr during that period, too. In n out is making money on thin margins and volume. Also I assume the drinks and shakes are high margin. I haven't really enjoyed in n out in a decade, maybe I just grew out of it.