and with the reduced cost in overhead IE you don't have to pay automation checkouts and ordering system overtime and benefits.
they will actually increase their business.
no the business model doesn't suck. there is a price point that all businesses use and and what people are willing to pay.
if I sell 10 dollar burgers and people eat them up then I am doing well. where I was paying that cook 10 bucks an hour I know half to pay 15
he can only produce so many burgers an hour and it has to be more than it costs to pay him.
I am not eating the cost out of my profit no way. so he either makes more burgers or I raise my prices.
however the easier way to keep prices the same is to get rid of non-essential people.
how? I replace them with self order machines. I don't take cash. people just swipe their card or phone and it sends the order back to the kitchen.
if I save enough on that end I can bump someone else's pay but it will be hard to justify the cost.
so I won't price myself out of business. I fire people so I can keep costs the same.
those people can't find jobs because they don't have the skills to justify 15 dollar an hour pay.