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June 8, 2020

Taking Their Time

"Hopefully, we’ll get our lobbies open soon,” Mr. Meoli said. “Personally, I am in no hurry, especially at 30%. With all that is required on cleanliness, sanitation, hygiene, keeping customers safe, keeping our crew and managers safe, to do that for 30%, that doesn’t make a whole lot of sense right now."

McDonald's Owner/Operator Mike Meoli


Delaware State News
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2 comments:

Anonymous said...

Smart man... he knows the meaning of Breakeven. Why give the added top line sales, if there is no relief to assure something passes underneath.

Anonymous said...

Evidence that operators understand both math and business. MCD management understands only the math of financial engineering. Operators are simply cash streams to them. It doesn't matter if operators make a profit. All payments to MCD are profit to MCD.

If the operators goes under, simply take his business and resell it at a 100% profit to MCD to his neighbor operator.