The Average Income for Fast Food Franchise Owners.
by Rick Suttle, Demand Media
Owning a fast food franchise can take a significant investment, and many owners work 60 or 70 hours per week when starting out. Some even go on to purchase additional franchises, once they have their restaurants operating efficiently with experienced managers. Fast food franchise owners oversee all operations of their restaurants, including food preparation, customer service, inventory and storage. They also closely manage their labor and food costs to maximize profits. These franchise owners earn incomes averaging just below $50,000.
Income by Region:
In 2013, average incomes for fast food franchise owners varied somewhat among the four U.S. regions. In the South, they earned the highest incomes of $56,000 in Washington, D.C., and the lowest of $40,000 in Louisiana, according to Indeed. Those in the Midwest made $35,000 to $51,000 in South Dakota and Illinois, respectively. These franchise owners earned $32,000 to $51,000 in Hawaii and California, respectively, the lowest and highest incomes in the West. In the Northeast, they made the most in New York and the least in Maine -- $57,000 and $40,000, respectively.
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Now, let's see one of you faux entrepreneurs figure out where all this money to cover a $15 hr minimum wage is going to come from.