S2E9: Virtual M&A Case Walkthrough, McKinsey-style
Strategy Simplified
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The Variable Costs for Food and Merchandise
We have 10 bartenders, 10 cooks, 40 weight staff and a manager. Each member of the staff have seven hour shifts. They either work from 10 to 5 or from 5 to 12. The staff costs per location are $3.5 million a year. Additional costs, including marketing insurance and facilities costs are $650,000 a year.
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