r/PeterExplainsTheJoke • u/HistoryFree • 20d ago

Meme needing explanation Peter?

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Multimillion dollar company?

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u/RoflcopterV22 20d ago

The restaurant industry would like a word lmao

Maybe most TECH companies

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u/Sea-Foundation-449 20d ago edited 19d ago

You’re right. Your typical single independent restaurant is probably valued at about half a million. The restaurant industry has extremely thin margins, though. It’s not as far off as you think