And, again, as you talk to the individuals--and each individual industry is a little different, but I know the fast food industry, I was talking to a gentleman who has 25 fast food franchises from Missouri all the way to South Dakota. He said it's going to cost him about $20,000 per location. And some of his locations don't make $20,000 because they're small towns or smaller locations. Before the bill passed, he was looking not only at trying to figure out how he could make some more dollars here, but he was looking to expand his operation. He was looking to purchase eight other units from another fast food franchise owner as well as build four additional ones. But now he says, Because of this extra cost, I not only am not going to expand my operation, I'm probably going to have to contract because I can't afford it. At the end of the day, he's looking at half a million dollars in additional costs. He did nothing wrong. He didn't change his business model, but all of a sudden now, under this bill, he's got another half a million dollar bill that he has to figure out how to----
Blaine Luetkemeyer: “And, again, as you talk to the individuals--and each individual industry is a little different, but I know the fast food…”
Editor's note · Context
Luetkemeyer discusses the financial impact of legislation on small fast food franchise owners.
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