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How do we know that some of these businesses are losing money? Looking at the menu of SpoonRocket that the author listed, you could make the same meal for less
by rdudek 13y ago
How do we know that some of these businesses are losing money? Looking at the menu of SpoonRocket that the author listed, you could make the same meal for less.
I have a feeling that the profit margins are very low, but I do not think they're in the negative.
- aantix 13y agoPaying employees, executives, money for the car leases, gas, all while located in SF? An $8 meal, they make it at $4. With one avg engineer on salary at 125K, (~10K a month), you'd have to sell 2500 lunches with a $4 profit to cover just his salary. I'd bet they're losing money.
- anoncow 13y agoOutsource the engineer. At 30-40k salary per annum, they can scrape by on 625 to 833 deliveries a month. 20-28 deliveries a day. You still have to look at paying the delivery guys and managers.