McDonald’s franchise owner Scott Rodrick says his business is under “cost pressure” after California raised minimum wage for “Maria Bartiromo’s Wall Street” fast food franchises. says.
Bebop Waffle Shop closed permanently on Monday after the new minimum wage increase made operating costs unsustainable.
Corinna Luckenbach is west seattle The waffle shop owner lamented that she had no choice but to close her shop after the city’s new minimum wage law went into effect on January 1, increasing her hourly wage to $20.76.
“This was my dream: to have my own cafe, run it the way I wanted, and really serve people,” Luckenbach said. He told Fox 13: She later said she “cried every day” about the impending closure due to multiple factors.
Luckenbach, who immigrated from New York and founded Bebop Waffle Shop more than a decade ago, said her business was already struggling with both high inflation and declining customer traffic due to the growing popularity of working from home. .
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Waffle shop owner Corinna Luckenbach lamented the closure, citing rising costs of hiring employees. (FOX13 YouTube Channel)
“This no longer makes financial sense because, just for me, the increase is going to cost me an extra $32,000 a year,” she told FOX 13.
According to new york post“The new $20.76 hourly wage law is $4 more than Washington State’s minimum wage requirement, but applies to large and small businesses. It also eliminates tips and benefits credits.”
Many locally-owned businesses that once served as community gathering places have been forced to close amid the COVID-19 pandemic and its economic fallout, with new stores named after their owners’ dogs. Bebop Waffle Shop seems to be no exception.
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Corinna Luckenbach, owner of Bebop Waffle Shop, attributes the closure to a higher minimum wage and fewer customers. (Fox13 YouTube Channel)
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Mr. Luckenbach revealed To the media He said the “hardest thing” about closing businesses is ultimately “taking away a safe space for people.”
“I never understood the story of what it meant for people to come here and feel safe and feel welcome,” she said through tears.
According to recent data, when 2025 begins, nearly half of U.S. states will increase their minimum wage, meaning about 9.2 million workers will see a pay increase.
AJ Kumaran, co-CEO of Raising Cane, spoke on “The Craman Countdown” about how California’s minimum wage hike has affected his company.
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According to an analysis by the Economic Policy Institute, 21 states plan to raise their minimum wages at the beginning of the year, and 48 cities and counties have raised their wage floors above their state’s minimum wage. Mainly in California Colorado and Washington.
Fox Business’ Breck Dumas contributed to this report.
