Question: Problem 2: Breakeven Point (3 points) You plan to open a Subway restaurant. The franchise fee is $15,000 and startup costs are an additional $150,000.

Problem 2: Breakeven Point (3 points) You plan to open a Subway restaurant. The franchise fee is $15,000 and startup costs are an additional $150,000. The average customerspends $18. Variable costs (food, labor, etc.) are $14 per customer. How many customers do you need to serve to break even?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!