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Interesting that it is cheaper to close the entire operation than it is to increase labor expense. Must be thin margins in that business.
by missedthecue 4y ago
Interesting that it is cheaper to close the entire operation than it is to increase labor expense. Must be thin margins in that business.
- ultrasaurus 4y agoThe margins on coffee are amazing, but I suspect coffee makes up a smaller % of sales after 8pm so the late night mix might have much thinner margins.
- sbaiddn 4y agoIts a volume business. Timmys is really inexpensive. Some stuff are good. I liked their lunches. Their coffee is terrible, albeit better than Starbucks (low bar)
- lotsofpulp 4y agoRestaurants and food service have low margins in general. It is usually easy enough to make at home or not have at all, so if prices get too high, customers can easily do without.